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Click on the question to get the answer.
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SPARXX provides you the means to save money at your own pace, at your own affordability level. This flexibility makes it easy to save up for helping turning your dreams into reality, from the small dreams like hosting a birthday party for your kids or the big dreams like a new home. |
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Withdrawing before the maturity age is discouraged because your kid won’t be enjoying the full benefits compared to withdrawing only upon maturity of the SPARXX account.
If you really need to withdraw before the SPARXX maturity, you can call 750-LIFE (5433) in Metro Manila or 1800-10-750-LIFE (5433) outside of Metro Manila to ask assistance. |
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Yes, SPARXX gives a guaranteed interest rate earned over the full maturity period up to 80%. The money with SPARXX earns best when it is left to mature. |
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• SPARXX cards may be bought from Pioneer branches, agents and accredited outlets.
• Or avail of SPARXX for hassle-free cardless transaction by just calling 750-LIFE (5433) in Metro Manila or 1800-10-750-LIFE (5433) outside of Metro Manila.
• SPARXX cardless top-ups may also be done through Load Central. |
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When you ADD to your initial SPARXX registration, you are actually topping up. |
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Cardless transactions or virtual transactions are processes that allow you to register and top up your SPARXX account without having to buy a SPARXX card. Firing up your big dreams is hassle-free with SPARXX cardless transactions. You can do this by:
1. Calling 750-LIFE(Metro Manila) OR 1800-10-750-LIFE(outside of Metro Manila)
| Step 1: |
Request an invoice number for a SPARXX account. |
| Step 2: |
State the amount to be added to the SPARXX account. |
| Step 3: |
Use the 12-digit invoice number given by the Contact Center and at Pioneer Life's partner banks such as BPI, BDO, Chinatrust and Unionbank or at Load Central stations like Netopia and at 7-11 outlets. |
| Step 4: |
Use the "Bills Payment Form" in the banks and indicate the company name - Pioneer Life Inc., the insured's name, the 12-digit invoice number as the reference number and the amount to be paid. |
| Step 5: |
Waiting for the notification from SPARXX. |
2. Registering online
| Step 1: |
Log on to www.sparx.com.ph/registration. |
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Fill out all the required fields for registration. |
| Step 3: |
Take note at the end of the transaction of the 12-digit invoice number that will be flashed on top of the screen. |
| Step 4: |
Use the 12-digit invoice number at Pioneer Life's partner banks such as BPI, BDO, Chinatrust and Unionbank or at Load Central stations like Netopia and at 7-11 outlets. |
| Step 5: |
Use the "Bills Payment Form" in the banks and indicating the company name - Pioneer Life Inc., the insured's name, the 12-digit invoice number as the reference number and the amount to be paid. |
| Step 6: |
Wait for the notification from SPARXX. |
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SPARXX has a life insurance component unique to the individual. Similar to other insurance policies, SPARXX does not allow for reassignment. However, because of its affordability, SPARXX can be acquired by just about anyone with income. |
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SPARXX is backed by Pioneer Life, the life insurance company of the Pioneer Group, led by Pioneer Insurance & Surety Corp., a top non-life insurer with assets close to P7 billion. |
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Yes and no.
SPARXX Â cardless transactions are available nationwide. The SPARXX Â cards, however, are available only in Metro Manila right now. |
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No, clients may only have one SPARXX account regardless of the denomination they purchased. |
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Unlike savings account, SPARXX allows you
to start your child’s savings with the easy-on-the-pocket amount of P300.00. No banking facility will allow you to start a savings account for that amount. SPARXX is also designed to help you with your medium to long term savings goal, reducing the temptation to withdraw, break the growth of the money saved and use it for something that’s not originally intended.
Unlike traditional insurance, when benefits are given only when something happens to the insured, SPARXX , being a savings instrument as well, gives benefits guaranteed at chosen maturity ages.
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