Petron, the largest oil company in the Philippines, and Bank of the Philippine Islands, the country's leader in banking innovations, have joined strengths to create the full service motorist card which provides consumers better value and extra miles.

In a special promotion that runs up to 31 March 2007, Petron-BPI Mastercard holders enjoy a 3% rebate on fuel purchases at participating Petron service stations. This means that each time a cardholder loads up on either Petron Blaze, XCS Plus, Xtra Unleaded or the new generation DieselMax, he is credited back 3% of the purchase amount in his next monthly statement.

Fueled for better values, Petron-BPI Mastercard integrates into one card features that not only give the consumer more benefits and privileges when purchasing Petron products and services, but also provide lower computation of financing charges.

New cardholders receive a P200 free fuel certificate as a welcome gift from Petron, which can be redeemed at any participating station. Cardholders also enjoy an outright 10% discount on automotive services such as car wash, vacuum, labor on tune-up or oil change by just showing the card at participating Petron service stations. In addition, lubricants and other Petron products are also offered to cardholders at discounted prices.

Not only that, Petron-BPI Mastercard holders get the 24-Hour Price Shield which allows them to purchase up to 40 liters of fuel at the old price when refueling within 24-hours of a price increase. In case of emergencies, they can call on Ibero Asistencia for 24-hour towing service.

What's more, Petron-BPI MasterCard holders enjoy more buying power under BPI's unique S.I.P. (Special Installment Plan) facility that allows the card holder to purchase high ticket items on installment. Since the S.I.P. facility has a separate credit limit, monthly amortization is not subject to the computation of the finance charge. Petron-BPI MasterCard holders therefore can enjoy 0% or low interest rates and absolutely no hidden charges on installment deals!

Petron-BPI Mastercard holders also receive special discounts and privileges from premium partners including Honda Cars Makati, Goodyear Servitek and Tyrepro, Rapidé, Blade Auto Center, Nissan-Car & Recreation Vehicles Inc., Wheel Gallery, Days Hotel, Microtel Inn & Suites and Pancake House. Card holders can also get comprehensive motor vehicle insurance from Standard Insurance at zero-interest for 12 months.

Petron-BPI MasterCard holders enjoy access to over 29 million establishments worldwide, the convenience of a Cash Advance facility for up to 30% of the credit limit and the convenience of paying for monthly dues via Express Phone, BPI or BPI Family Bank ATM or BPI Express Online. Other freebies include free card insurance as well as free 1st extension card for family members or in-laws 13 years old and above.

With Petron BPI-MasterCard, cardholders not only enjoy the freedom and convenience that the BPI MasterCard facility offers, they get discounts, rebates and more perks from Petron and its partners, for more miles, more savings. The Petron BPI-MasterCard carries its cost-conscious consumer farther for less.

To apply, call 89-100 for details. Annual fees are waived for the first year!