BPI vs. BDO: Which Credit Card Provider Is Better?

7 min. read By eCompareMo on

As two of the biggest and most popular banks in the Philippines, BPI and BDO are constantly innovated to deliver quality services to their customers.

In this article, we brought these two financial institutions to a face-off in terms of the different features they offer as credit card providers.

BPI Vs. BDO

Note: We’re outlining the details between BDO and BPI in terms of the four leading credit cards they offer.

How do BPI and BDO differ in terms of assets and market value?

The Bank of the Philippine Islands (BPI) was established in 1851 and is the oldest bank in the Philippines. As of September 30, 2017, BPI ranked third (3rd) on the Bangko Sentral ng Pilipinas (BSP) list of largest banks in the Philippines in terms of total assets.

Banco De Oro (BDO), on the other hand, is part of the SM Group, and is the largest bank in the Philippines, having landed the top spot in terms of total assets from the same BSP ranking.

Both banks have the largest number of branches and networks in the country. BPI currently has 831 branches all over the Philippines and is considered to have the largest network among banks in the country.

BDO has over 1000 branches in the country alone, with branches in Hong Kong and representative offices in Asia, Middle East, Europe, and North America.

How many BDO and BPI credit cards are available?

BDO

BPI

Basic

1.       ShopMore Mastercard 1.       BPI Family Credit Card
2.       Standard Mastercard 2.       BPI eCredit
3.       Visa Classic 3.       BPI Amore Visa
4.       Forever 21 Mastercard 4.       BPI Amore Visa Platinum
5.       Bench Mastercard 5.       BPI Edge Mastercard
6.       LausAutoGroup Mastercard 6.       BPI Blue Mastercard
7.       Blue from American Express 7.       BPI Gold Mastercard
8.       Diners Club International 8.       Petron – BPI Mastercard
9.       JCB Lucky Cat 9.       BPI Skymiles Mastercard
10.   Installment Card 10.   BPI Skymiles Platinum Mastercard
Premium
11.   Gold Mastercard
12.   Visa Gold
13.   American Express® Credit Card
14.   American Express® Gold Credit Card
15.   American Express® Cashback
16.   Cathay Pacific American Express®
17.   JCB Gold
18.   Gold UnionPay
Elite
19.   Titanium Mastercard
20.   Platinum Mastercard
21.   Visa Platinum
22.   JCB Platinum
23.   American Express® Platinum
24.   Cathay Pacific American Express® Elite
25.   Diamond UnionPay
26.   Diners Club Premiere

BDO offers almost three times more the number of credit cards than BPI. BDO cards are not limited to Visa and MasterCard, they ensure customer convenience by offering American Express and JCB.

Though BPI offers fewer credit cards variants,  they offer more market-specific credit cards in partnership with Ayala Mall, Petron, and Delta Air Lines

  • BPI Amore Visa
  • BPI Amore Visa Platinum
  • Petron – BPI Mastercard
  • BPI Skymiles Mastercard
  • BPI Skymiles Platinum Mastercard

They also have the specialized BPI eCredit as a free extension or companion card for any BPI MasterCard. The eCredit card offers a more secure online shopping experience as it provides a different credit card number and has a lower credit limit.

BDO also provides a more secure online shopping experience through their Secure Virtual Card, with a different card number and credit line.

Interest Rates and Features

Customers always look for interest rates when comparing credit cards. While it’s only right to look at how much you’re going to be charged straight up, it’s far from being the only deciding factor. You must also know how interest rates are calculated, and the charges and fees that come with your very own credit card.

(Read: A Credit Card First-Timer’s Guide To Basic Credit Card Management)

Let’s take a look at two credit cards each from BDO and BPI:

BPI

BDO

BPI Blue  Mastercard BDO ShopMore
  • 3.50% interest rate
  • First year Free Annual Membership Fee (AMF) for Principal Cardholder, and P1550 AMF after the first year
  • Supplementary cardholder free for first year, and P775 after the first year
  • Annual income must be at least P180,000
  • 3.50% interest rate
  • First Year Free Annual Membership Fee (AMF) for Principal Cardholder, and P1500 AMF after the first year (or P125 per month)
  • Supplementary Membership Fee First Year free, and P62.50 per month or P750 AMF after the first year
BPI Gold Mastercard BDO Gold Mastercard
  • 3.50% interest rate
  • P2250 Principal Cardholder AMF
  • Free for life AMF for Supplementary cardholder
  • Second (2nd) to sixth (6th) Supplementary P1125
  • 3.25% interest rate
  • First year Free AMF for Principal cardholder, and P2400 AMF after the first year
  • Supplementary cardholder AMF P1200

Rewards and Features

After looking at interest rates, the next thing to compare is the much-coveted rewards of credit card providers. Think of it as the banks’ way of giving back to their loyal customers, and a reward for cardholders for maintaining good credit score.

BPI BDO

BPI Blue Mastercard

Note: Rewards and Features shown are for comparison only and are not complete. Refer to BPI website for more details.

BDO Shopmore

Note: Rewards and Features shown are for comparison only and are not complete. Refer to BDO website for more details.

  • One (1) point for every P35 spend
  • One (1) point for every P200 spend at SM stores and SM advantage partner stores
  • Charge airfare to BPI Blue MasterCard and get up to P2 million FREE travel insurance
  • Comes with free SM Advantage Card
  • Cash advance of up to 30% of credit limit in over 1 million Maestro/Cirrus ATMs worldwide
  • Earn additional 0.5 Rewards Point for purchases with SM Advantage Card.
  • One (1) rewards point for every P35 spend
  • Get 5% rebates every SM 3-day Sale for a minimum purchase of P5000.
  • Contactless Technology
  • Additional 10% discount when shopping within the first two (2) hours of the first day of SM 3-day Sale, just present your SM Advantage card.
  • One (1) point for every P200 spend in SM Retail Affiliates and SM Advantage partner establishments. E.g. Petron, and Taal Vista Hotel
  • Additional 0.5 point on top of regular points earned for SM Advantage Card
  • 5% Rebate for SM 3-day Sale, at a minimum spend of P5,000
  • Additional 10% discount when shopping during the first two (2) hours on the first day of sale. Simply present SM Advantage Card
  • EasyPay Installment at partner establishments. 0% interest from three (3) to 36 (36) months of installment
  • Annual income must be at least P180,000
  • EasyPay Cash – reimbursement of Official Receipts (ORs) to cash worth at least P5,000 at affordable installment plans.
BPI Gold Mastercard BDO Gold Mastercard
  • One (1) rewards point for every P35 spend
  • One (1) rewards point for every P50 spend
  • Charge airfare to BPI Gold MasterCard and get up to P10 million FREE travel insurance
  • Charge airfare to BDO Gold MasterCard and get up to P 5 million Travel Accident and Inconvenience Insurance for FREE
  • Cash Advance of up to 100% of BPI Gold MasterCard credit limit
  • Dual Currency Billing Option
  • Contactless Technology
  • EasyPay Installment at partner establishments. 0% interest from three (3) to 36 (36) months of installment
  • Annual income must be at least P480,000
  •   EasyPay Installment at partner establishments. 0% interest from three (3) to 36 (36) months of installment
  • Annual income must be at least P420,000

Credit limit

The card limit will usually depend on the client’s credit record. Below amounts shown are only the minimum credit card limit and may change without prior notice.

BPI

BDO

BPI Blue Mastercard

BDO Shopmore

  • Minimum credit card balance is P10,000 – P20,000
  • Minimum credit card balance is P20,000
BPI Gold Mastercard BDO Gold Mastercard
  • Minimum credit card balance is P50,000
  • Minimum credit card balance is P50,000

Ease of transaction

Both banks have free and easy-to-use mobile banking apps which makes it convenient to monitor transactions and pay credit card bills.

Both banks also have a lot of branches in the country. You will see BDO and BPI at cities and provinces, even in some remote towns.

BDO is open on weekends in some branches. If you have urgent concerns, you can go to the nearest BDO branch even on the weekend.

Whatever type of credit card you prefer, make it a habit to compare credit cards so you find one that best suits your needs and lifestyle. Make sure to compare higher rewards earn rate, balance transfer deals, points conversion, and all the other privileges offered. After all, a credit card is only as good as how you manage it.

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eCompareMo

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