Banco Popular de Puerto Rico
Home PREMIA® Terms and Conditions

PREMIA® Terms and Conditions

The PREMIA® Program ("Program") offers all clients of Banco Popular of Puerto Rico, as well as those of any other affiliated entity that may offer the Program to its clients from time to time (jointly referred to as "Popular"), the opportunity to earn points. The accumulated points may be redeemed in exchange for rewards through transactions or activities determined by Popular from time to time.

The Program is based on a metered point system ("Points"). These Points are property of Popular. Accrued Points don't have any monetary value and may not be transferred by operation of law to any entity or individual, except as established in section E. 3.

A. MEMBERSHIP 

Registering in the program and eligibility to participate

Cost of Membership


Ownership of Membership


B. EARNING POINTS

Maximum Accrual of Points


Point Expiration


Premia® Point Accreditation Cycle


Cycle Products or Services Registration of Points
Daily Credit card purchases
ATH® purchases
TelePago Popular®
Will be credited on the day the transaction is received from the business where the purchase was made.
Will be credited on the day the payment transaction is processed, once a month per paid business.
Per cycle Deposit balance in checking and savings accounts. Will be credited on the next business day after the closing date for the corresponding monthly statement (cycle).
Monthly Opening IRA accounts
Direct Payment
Popular Securities
Auto loans or leases with Popular AutoSM
Mortgage loans with Popular MortgageSM.
Personal loans.
Will be credited within the first 10 days of the next month after the date of the transaction.

C. PURCHASE OF PREMIA® POINTS

D. REDEEMING POINTS FOR REWARDS

E. TERMINATION OR CANCELLATION

F. ADDITIONAL GENERAL INFORMATION ABOUT THE PROGRAM