BPI EXPRESS CARD CORPORATION V. CA  

292 SCRA 260

FACTS:

Marasigan was the holder of a BPI credit card.  Due to his delinquency in payment, immediate demand was given by BPI to pay account.  Marasigan issued  a  postdated  check.    The  check  was  thereafter  kept  in  custiody  by BPI  and  card  was  temporarily  suspended.    And  on  a  relevant  date, Marasigan after eating in Café Adriatico tried to use his card to pay but it was dishonored.  
 

HELD:

The issuance of the postdated check was not effective payment on the part of Marasigan and thus, the bank was justified in suspending temporarily his use  of  the  credit  card.    A  check  is  only  a  substitute  for  money  and  not money,  and  the  delivery  of  such  instrument  doesn't  itself  operate  as payment.