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Tag Archives: BPI world perks
Turned down by BPI
Every February, I am charged by BPI the annual fee for my BPI World Perks credit card. This is the second year that I am using this credit card. In February last year, I was granted a 50% waived in the annual fee.
This year, I requested to waive the annual fee again. So I emailed BPI via expressonline@bpi.com.ph and made my request. After all, the annual fee for World Perks is P2,500! To my dismay, I received this email, informing me that BPI will not waive the annual fee.
Dear Pinay and Money:
We received your e-mail regarding your request for the reversal of your membership fee. We regret to inform you that we cannot grant your request for Annual Fee waiver. Please use your BPI Card more to qualify for Annual Fee waiver next year and enjoy more perks such as free Goldilocks signature dish for a minimum single receipt of P1,000 from any establishment or cash advance transaction using the BPI Express Credit Card.
If you need further assistance or have other concerns, you may send us an e-mail at expressonline@bpi.com.ph. Thank you for choosing to bank with us online!
Sincerely,
The BPI E-mailbanking Team
The key words are “Please use your BPI Card more to qualify for annual fee waiver next year.” This simply means that I haven’t charged enough to my credit card. So I replied and inquired how much is required to qualify for the annual fee waiver. Here’s the reply:
Dear Pinay and Money:
Greetings from BPI Express Online!
For the BPI Express Credit WorldPerks MasterCard, simply spend an average of PhP 30,000 per month to qualify for an Annual Fee waiver next year.
Sincerely,
The BPI E-mailbanking Team
Wow! This means PhP360,000 worth of purchases a year! I wonder what compelled BPI to give me a 50% waive in my first year. I certainly didn’t charge even half of PhP360,000 in the first year. Otherwise, I would have earned enough airline miles to get tickets anywhere to Southeast Asia.