The Bank of the Philippine Islands (BPI), on its 175th anniversary, is rolling out enhanced benefits under its BPI Auto Loan Dream More Deals to make car ownership simpler, more affordable, and free from unexpected costs. Eligible customers can now secure up to five years of complimentary car insurance alongside significant fee waivers and lower interest rates, designed to remove common financial concerns that come with owning a vehicle.
“Every car opens the door to new opportunities, milestones, and memories. At BPI, we are committed to making that journey more rewarding through benefits that deliver zero worries and bigger savings, helping our clients make the most of every mile and every peso throughout the life of their loan,” said Dex Cuajotor, head of retail lending and bancassurance at BPI.
The package includes waived fees worth as much as ₱50,000, reduced interest rates, and one year of free car insurance as a base benefit. Those who choose a five-year loan term and select car models will see their complimentary insurance extended to cover the full duration of their financing, giving full protection without extra expenses for the entire repayment period. Customers accessing offers through BPI’s 13 automotive partner brands can unlock further exclusive perks, with total possible savings reaching ₱480,000 across the loan term. Participating brands are BAIC, BYD, Chery, Ford, Foton, GAC, Hyundai, Jetour, Kia, MG, Mitsubishi, Radar, and Toyota.
The offer arrives as Filipino motorists show growing interest in fuel-efficient and alternative-energy vehicles. Data from the Chamber of Automotive Manufacturers of the Philippines Inc. shows sales of hybrid and electric vehicles rose 136.4 percent from January to July 2026 compared with the same period in 2025, reflecting a clear shift toward more efficient mobility options. BPI’s expanded benefits are structured to support these changing preferences while keeping ownership predictable and affordable for all buyers.
Beyond financing, BPI Auto Loan combines ongoing protection, real savings, and exclusive advantages to make every part of vehicle ownership easier. Applications are available through authorized partner dealerships, the official BPI website, any BPI branch, May BPI Dito Partner Stores, or by calling the Virtual Store Loan Advisory Hotline at (+632) 8580 0282.
