Stop guessing which bank has the better rate. Nook applies to BPI, PNB, and 12 other banks simultaneously so you can compare real offers instead of published rate sheets.
WHAT SWITCHING COULD SAVE YOU
No commitment. No credit check. Just your numbers.
Why this matters
BPI and PNB are both solid, established lenders, but they compete for very different borrowers. BPI tends to court higher-income, salaried professionals with tighter credit checks and a slightly more digital application process. PNB has historically been more flexible with OFW borrowers, self-employed applicants, and provincial properties, but that flexibility can come with slower manual processing and more paperwork requests along the way.
On rates, neither bank publishes a number that means much on its own. Both quote a range depending on your loan-to-value ratio, credit profile, and whether you're refinancing an existing loan versus buying new. Filipino borrowers who took out loans with either bank 3-5 years ago are commonly stuck paying 8% to 10%, even though refinance rates as low as 5.99% p.a. are now available in the market from other lenders entirely.
This is the part banks don't advertise: you don't have to choose between BPI and PNB in isolation. The smarter move is to let both banks (and everyone else) bid for your loan at the same time. Nook submits your application across multiple banks simultaneously, free of charge, so you end up comparing actual approved offers side by side instead of guessing from marketing rate sheets.
How it works
Enter your loan details into our calculator. Instantly see what banks are offering right now and how much you'd save each month. No personal information required.
If the numbers make sense, book a free call. Your consultant compares offers from 15+ banks — something that would take you weeks to do on your own — and recommends the best option for your situation.
We manage the entire application, documentation, and bank coordination. You sign where we tell you. Your new lower payment starts next month. Nook's service is completely free — we're paid by the receiving bank.
Common questions
Neither bank consistently wins on rate, because both price loans based on your credit profile, loan-to-value ratio, and income documentation rather than a single published number. The only way to know for sure is to get both to underwrite your actual application, which is exactly what Nook does at no cost to you.
BPI's process is generally more streamlined for salaried employees with straightforward documents, often approving within 2-3 weeks. PNB can take longer, sometimes 3-5 weeks, particularly for self-employed or OFW applicants whose income requires additional verification.
BPI tends to apply stricter income and credit score thresholds, especially for larger loan amounts in Metro Manila. PNB is often more accommodating of non-traditional income sources like remittances or business ownership, which makes it a common fallback for borrowers BPI declines.
Yes, refinancing from PNB to BPI (or the reverse) is common and often makes sense if the receiving bank offers a meaningfully lower rate on your remaining balance. You'll go through a standard refinance application with the new bank, and Nook can run this comparison for you across both plus other lenders at once.
Applying to both is a smart move since it costs you nothing and gives you real leverage to negotiate the better offer. Doing it manually means duplicate paperwork and separate bank visits, but Nook handles the parallel application process for you and surfaces whichever offer is genuinely cheapest.
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