Tips On Requesting BPI Credit Card Annual Membership Fee Reversal

The title is quite a mouthful I know, but I'm just giddy happy that I've got my BPI edge credit card annual membership fee reversed. I'm late to the party actually-- I've had this card for almost 3 years now and I didn't know you could request for a waiver on your annual fee until my friend Ludy admonished me when she noticed my credit card bill includes a monthly membership fee of P110($2.6) per month. I didn't think it was a big deal since it's not a lot of money anyway... but she has a point that little expenses do add up. So I asked her for tips on how to go about this and she advised:

1. Be sure you are in good standing with the bank--they check your payment history, how much you charge every month etc.

2. Email a request for annual membership fee reversal to expressonline@bpi.com.ph.

3. or Call the BPI call center at 89-100. Be nice but very firm to the customer service representative.

4. Never, never give up the points you've earned (they'll try their darndest to make you)

5. Threaten to cancel your credit card if they would not waive your annual fee. (This is a last resort, only do this if you're sure and you have backup credit cards just in case they actually do it)

Armed with these, I called 89-100 and proceeded to tell the CSR that I'd like to request for a membership fee reversal. She asked me for my credit card number and other pertinent informations then asked me to wait while she checked my record... after a minute I was given a "reference number" and told that my request has been approved and the reversal will be included in my next billing statement.

It took all of 2 minutes to accomplish so I was like "huh, that's it?". I was expecting a little resistance, LOL. But apparently if you've charged at least P200,000 ($4300) on your BPI credit card in a year, they won't give you a hard time and I've charged way more than that and I also always pay in full and on time. Kinda anticlimactic but it worked.