There’s no need to keep an eye on the market all the time or to spend hours analyzing your finances in order to build long-term wealth. In reality, attempting to time the stock market can result in less earnings and emotional investing. The best way to build wealth is consistency.
Consistency has been fully automated for clients of Bank of the Philippine Islands. The BPI App Regular Subscription Plan teaches you how to automatically invest without any hassle to ensure your financial goals are achieved with ease.
This feature automatically manages your investment funds’ direct credit from your mobile device, while you grow your wealth. That’s the ultimate guide to unlocking the power of automated investing with BPI and how to get your automated portfolio set up in just a few minutes.
The Power of the BPI Regular Subscription Plan (RSP)
BPI App Regular Subscription Plan (RSP) is a special feature of BPI App created to allow disciplined asset accumulation without friction. The RSP connects your active savings account directly to your investment portfolio, rather than sending you a series of monthly investment unit purchase requests.
When set up this way, you are maximizing a very successful financial strategy – dollar-cost averaging (or peso-cost averaging).
This structural discipline gets rid of market timing anxiety. Your automated digital architecture executes savings at all times, and the fund management team selects the underlying equity.
Step-by-Step Guide: How to Automate Your Investments via the BPI App
Before opening the App, make sure that you have passed your client suitability assessment and have a starting investment account (BPI Unit Investment Trust Fund or Mutual Fund). After enrolling in your account, here’s how to implement automated investing with BPI:
1. Locate the Investment Suite
Open the official BPI Mobile App on your smartphone and log-in safely using your biometric data or Mobile Key. Tap the menu icons and choose More, and then choose Invest. From the available options, tap on Set up RSP (Regular Subscription Plan).
2. Choose Your Destination Fund
Choose the investment account where you want to automate and the investment fund that the investment account should be invested in (eg, BPI Philippine Equity Index Fund or BPI US Equity Index Feeder Fund).
3. Customize Your Schedule and Amounts
This is where you exert complete programmatic control over your capital distribution.
- Frequency: Decide if your investment should be made monthly or quarterly.
- Amount: Enter the amount set aside for a regular contribution. You can still grow your portfolio with BPI’s low entry amounts starting from as low as ₱1,000 per interval.
- Timeline: Set both the exact date you would like to start and the final date for the rolling subscription.
4. Authorize via Mobile Key
On the Summary page, view all your RSP configuration information. When all looks good according to the budget parameters, tap Confirm. Make sure the automation request is secured by entering your One-Time PIN (OTP) or by authenticating using your integrated BPI Mobile Key. The formal notification statement will be directed straight to your registered e-mail address, and a digital confirmation screen will appear instantly.
Discover The Philippines’ Best Island Escapes!
Why Choose Philippines For Honeymoons?
Uncover budget-friendly islands perfect for a romantic getaway.
Which Islands Deserve Your Visit?
Explore the most breathtaking island destinations across the Philippines.
Looking For Affordable Island Escapes?
Find hidden Southeast Asian gems that won’t stretch your budget.
What Will Your Trip Cost?
Check out a realistic breakdown of Philippines travel expenses.
Which Islands Are Driving Tourism?
Dive into the hidden gems fueling the latest travel boom.
Modifying or Stopping Your Automation
Absolute flexibility is one of the best advantages of using the BPI App Regular Subscription Plan. Finances change and your system can change too.
In case you need to increase your allocation amount because you’ve received a pay rise, or you want to temporarily stop your automatic allocation, you can go back to the Invest tab and tap Amend RSP. Thereafter, you can change the contribution amount or even end the plan without incurring early termination penalties or administrative penalties.
FAQs
What happens to my investment if my savings account is short on cash?
If your linked BPI savings account lacks the required funds on your scheduled execution date, the specific monthly transfer will simply fail to process. BPI will not impose any financial penalty or cancel your program. The system will naturally attempt to resume your next subscription transfer on the following scheduled date.
Can I run multiple automated subscription plans simultaneously?
Yes. You are allowed to run multiple distinct RSP tracks at the same time. For instance, you can run a ₱2,000 monthly subscription for a local equity fund to support your long-term wealth goals, alongside a separate quarterly subscription targeted toward a global bond fund.
What if my scheduled investment date lands on a weekend?
If your chosen subscription date happens to land on a weekend or an official non-banking holiday, the automated system will securely queue your transfer and execute the transaction on the very next banking day using that day’s closing Net Asset Value Per Unit (NAVPU).
