Banco Bci began to inform its customers that As of August 17, 2023, the conditions of the Open Sky and Puntos Bci programs will change.
In simple, it is a reduction in the percentage of accumulation of weights or points —according to each program— for purchases made with credit cards issued by Bci as of August. also reported the decrease in the validity of the rewards obtained by customerswith six months less for each program.
The measure is one more consequence of the decrease in exchange rates. What are they? Its about most important component of the commission that businesses must pay each time a customer makes purchases with cards through the “little machines” (POS) or online payment gateways.
If the percentage is lower by decision of the authority —as it was in this case, through a Committee that was created by law—, the issuers end up transferring this lower margin that they receive through a reduction in benefits. The other banks and commercial houses could adopt similar measures before October 26, the date on which 6 months have passed since the resolution was published in the Official Gazette on the new exchange rates.
The measures adopted by Bci refer to exclusively to national purchases, maintaining the factor of 1% for international ones in both programs. For now, no changes to the Bci AAdvantage program have been announced that allows the accumulation of miles to be used on American Airlines.
Changes in the Bci OpenSky program
In the case of credit cards linked to Open Skyan announcement was made decrease in the accumulation of “weights”. This benefit allows you to accumulate them and then use them as a co-payment in airlines, travel agencies, hotels and rent a car. The users of the program highlight the flexibility to occupy the benefits in the national and international provider that they deem convenient, and the good accumulation rate that the program offered (until now).
The most affected are customers with Visa Gold and Mastercard Gold cards, who will see their accumulation rate reduced by 50%. If until now they obtained 1% of all purchases made with their cards as a reward, now they will only get 0.5%.
Other customers harmed by the change are those who have Platinum cards associated with the Visa and Mastercard brands. If until now they accumulated 1.5% of each purchase, from August 17 they will only be able to obtain 0.8%, which represents a decrease of 46.6%.
customers with Visa Signature and Mastercard Black will see a 33% drop, going from 1.5% of each purchase to 1.0%, a percentage considered good in current times. While, the measure will have a lesser impact on Visa Infinite cardsthe top of the bank’s line, which will go from 1.5% to 1.2%, a reduction of 20%.
| Credit card type | Accumulation until August 16 | Accumulation from August 17 |
|---|---|---|
| Visa Infinite OpenSky | 1.5% of the purchase amount | 1.2% of the purchase amount |
| Visa Signature OpenSky | 1.5% of the purchase amount | 1.0% of the purchase amount |
| Mastercard Black OpenSky | 1.5% of the purchase amount | 1.0% of the purchase amount |
| Visa Platinum OpenSky | 1.5% of the purchase amount | 0.8% of the purchase amount |
| Mastercard Platinum OpenSky | 1.5% of the purchase amount | 0.8% of the purchase amount |
| Visa Gold OpenSky | 1% of the purchase amount | 0.5% of the purchase amount |
| Mastercard Gold OpenSky | 1% of the purchase amount | 0.5% of the purchase amount |
In addition, the bank reported a decrease in the validity of the accumulated OpenSky Pesos. At present they were 24 months, but from August it will be reduced to 18 months. That is, if the weights are not used within that period, they expire.
Adjustments to the Puntos Bci program
OpenSky will not be the only program that will undergo changes. Bci points will also have adjustmentsfor which the bank determined that the accumulation tables of both programs will be equated.
In this case, customers with Visa Signature and Mastercard Black cards will not see any changes. Instead, Platinum cards will reduce your accumulation by 20% and Gold and Classic cards by 50%.
| Credit card type | Accumulation until August 16 | Accumulation from August 17 |
|---|---|---|
| Visa Signature | 100 Points every $10,000 (1%) | 1% of the purchase amount |
| Mastercard Black | 100 Points every $10,000 (1%) | 1% of the purchase amount |
| Visa Platinum | 100 Points every $10,000 (1%) | 0.8% of the purchase amount |
| Mastercard Platinum | 100 Points every $10,000 (1%) | 0.8% of the purchase amount |
| Visa Gold | 100 Points every $10,000 (1%) | 0.5% of the purchase amount |
| Mastercard Gold | 100 Points every $10,000 (1%) | 0.5% of the purchase amount |
| Visa Classic | 100 Points every $10,000 (1%) | 0.5% of the purchase amount |
This program will also apply a reduction to the validity of the Bci Points obtainedgoing from 18 months to a year, starting in August.
2023-07-22 10:07:12
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