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Monday, August 06, 2018

Requirements Needed For Opening A Savings Account in the Top 5 Banks in the Country



According to the Central Bank of the Philippines, the following are the top 5 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.

1. BDO Unibank Inc. —2,665,307.23 
2. Metropolitan Bank & Trust Co. —1,705,575.78 
3. Bank of the Philippines Island —1,649,267.36 
4. Land Bank of the Philippines —1,633,082.18
5. Philippine National Bank —788,835.37
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According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.
According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
1. BDO Unibank — There are six types of Peso Savings Account you may choose from;

A. Peso Passbook Savings (with or without ATM)
  • Minimum Initial Deposit — P5,000
  • Minimum MADB Requirements — P10,000
  • Minimum Balance to Earn Interest — P10,000
B. Peso ATM Debit Card (without passbook)
  • Minimum Initial Deposit — P2,000
  • Minimum MADB Requirements — P2,000
  • Minimum Balance to Earn Interest — P5,000
C. Optimum Savings
  • Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business)
  • Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business)
  • Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)
D. Junior Savers 
  • Minimum Initial Deposit — P100
  • Minimum MADB Requirements — P100
  • Minimum Balance to Earn Interest — P2,000
E. Prime Savers
  • Minimum Initial Deposit — P2,000
  • Minimum MADB Requirements — P2,000
  • Minimum Balance to Earn Interest — P5,000
F. Direct Deposit
  • Minimum Initial Deposit — P0
  • Minimum MADB Requirements — P0
  • Minimum Balance to Earn Interest — P5,000
How to Open a Savings Account in BDO and what are the requirements
  • Visit BDO Branch near you
  • Present the original copy of at least two valid IDs
  • Prepare the minimum initial deposit
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According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:



A. Passbook Savings Account

  • Minimum initial deposit — P10,000
  • Minimum maintaining balance — P10,000
  • Balance required to earn interest —P10,000

B. Metrobank Debit or ATM Savings Account

  • Minimum initial deposit — P2,000
  • Minimum maintaining balance — P2,000
  • Balance required to earn interest — P10,000

C. Fun Savers Club

  • Minimum initial deposit —P100
  • Minimum maintaining balance — P500
  • Balance required to earn interest —P4,000

D. OFW Peso Savings Account
  • Minimum initial deposit — P0
  • Minimum maintaining balance —P0
  • Balance required to earn interest — P10,000
How to apply for Metrobank Savings Account?
  • Phone Call — +632-8700-700 or 1-800-1888-5775
  • Face to Face — Visit the nearest Metrobank branch!
Requirements:
  • 3 copies of pictures
  • The government issued valid ID card
  • Initial deposit
  • Proof of billing

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According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
3. Bank of the Philippine Island (BPI)

A. BPI Padala Moneyger
  • Required Initial Deposit — P0
  • Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year
  • Required Daily Balance to Earn Interest —P5,000
B. Jumpstart Saver
  • Required Initial Deposit — P100
  • Required Minimum Monthly ADB — P1,000
  • Required Daily Balance to Earn Interest —P2,000
C. Kaya Savings
  • Required Initial Deposit — P200
  • Required Minimum Monthly ADB — N.A.
  • Required Daily Balance to Earn Interest —P1,000
D. Express Teller Savings
  • Required Initial Deposit — P500
  • Required Minimum Monthly ADB — P3,000
  • Required Daily Balance to Earn Interest —P5,000
E. Passbook Savings
  • Required Initial Deposit — P10,000
  • Required Minimum Monthly ADB — P10,000
  • Required Daily Balance to Earn Interest —P25,000
F. BPI Advance Savings Account with Passbook 
  • Required Initial Deposit — P100,000
  • Required Minimum Monthly ADB — P100,000
  • Required Daily Balance to Earn Interest —P100,000
G. Maxi-Saver(4) Savings with Debit Card (ATM Card) 
  • Required Initial Deposit — P50,000
  • Required Minimum Monthly ADB — P50,000
  • Required Daily Balance to Earn Interest —P50,000
H. Maxi-Saver(4) Savings with Passbook
  • Required Initial Deposit — P75,000
  • Required Minimum Monthly ADB — P75,000
  • Required Daily Balance to Earn Interest —P75,000
Requirements and How to Apply for BPI Savings Account
Visit the nearest branch in your area and bring the following;
  • Valid, unexpired, photo-bearing Identification Card (ID) with signature
  • Initial deposit
According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
4. Land Bank of the Philippines

A. ATM Savings Account 
  • Required Initial Deposit — P500
  • Required Minimum Monthly ADB — P500
  • Required Daily Balance to Earn Interest —P2,000
B. Easy Savings Plus (ESP)
  • Minimum Initial Deposit— P20,000
  • Required Minimum Monthly ADB—P20,000
  • Required Daily Balance to Earn Interest — P20,000
C. Regular Passbook Savings Account
  • Minimum Initial Deposit — P10,000
  • Required Minimum Monthly ADB — P10,000
  • Required Daily Balance to Earn Interest — P10,000
Requirements and How to Apply for Landbank Savings Account
  • Visit the nearest Landbank Branch in your area
  • Bring at least one Valid ID
  • Initial deposit
According to the Bangko Sentral ng Philippines, the following are the top 10 Best Performing Banks in the Philippines based on their assets. These banks are not just the best but also the biggest banks in the country.  1. BDO Unibank Inc. —2,665,307.23      2. Metropolitan Bank & TCO —1,705,575.78     3. Bank of the Philippines Island —1,649,267.36  4. Land Bank of the Philippines —1,633,082.18 5. Philippine National Bank —788,835.37  Interested to save in these banks? Here are the following requirements if you are interested in opening a savings account in the top five best bank in the country.  1. BDO Unibank — There are six types of Peso Savings Account you may choose from;  A. Peso Passbook Savings (with or without ATM) Minimum Initial Deposit — P5,000 Minimum MADB Requirements — P10,000 Minimum Balance to Earn Interest — P10,000  B. Peso ATM Debit Card (without passbook) Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  C. Optimum Savings Minimum Initial Deposit — P30,000 (Personal); P50,000 (Business) Minimum MADB Requirements — P30,000 (Personal); P50,000 (Business) Minimum Balance to Earn Interest — P30,000 (Personal); P50,000 (Business)  D. Junior Savers  Minimum Initial Deposit — P100 Minimum MADB Requirements — P100 Minimum Balance to Earn Interest — P2,000  E. Prime Savers Minimum Initial Deposit — P2,000 Minimum MADB Requirements — P2,000 Minimum Balance to Earn Interest — P5,000  F. Direct Deposit Minimum Initial Deposit — P0 Minimum MADB Requirements — P0 Minimum Balance to Earn Interest — P5,000  How to Open a Savings Account in BDO and what are the requirements Visit BDO Branch near you. Present the original copy of at least two valid IDs Prepare the minimum initial deposit  2. Metrobank Savings Account — the following are the various types of Savings Account offered by Metrobank:  A. Passbook Savings Account Minimum initial deposit — P10,000 Minimum maintaining balance — P10,000 Balance required to earn interest —P10,000  B. Metrobank Debit or ATM Savings Account Minimum initial deposit — P2,000 Minimum maintaining balance — P2,000 Balance required to earn interest — P10,000  C. Fun Savers Club Minimum initial deposit —P100 Minimum maintaining balance — P500 Balance required to earn interest —P4,000  D. OFW Peso Savings Account Minimum initial deposit — P0 Minimum maintaining balance —P0 Balance required to earn interest — P10,000  How to apply for Metrobank Savings Account? Phone Call — +632-8700-700 or 1-800-1888-5775 Face to Face — Visit the nearest Metrobank branch!  Requirements: 3 copies of pictures The government issued valid ID card Initial deposit Proof of billing  3. Bank of the Philippine Island (BPI)  A. BPI Padala Moneyger Required Initial Deposit — P0 Required Minimum Monthly ADB — Waived. As long as there are 4 remittance transaction in a year Required Daily Balance to Earn Interest —P5,000  B. Jumpstart Saver Required Initial Deposit — P100 Required Minimum Monthly ADB — P1,000 Required Daily Balance to Earn Interest —P2,000  C. Kaya Savings Required Initial Deposit — P200 Required Minimum Monthly ADB — N.A. Required Daily Balance to Earn Interest —P1,000  D. Express Teller Savings Required Initial Deposit — P500 Required Minimum Monthly ADB — P3,000 Required Daily Balance to Earn Interest —P5,000  E. Passbook Savings Required Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest —P25,000  F.  BPI Advance Savings Account with Passbook  Required Initial Deposit — P100,000 Required Minimum Monthly ADB — P100,000 Required Daily Balance to Earn Interest —P100,000     G. Maxi-Saver(4) Savings with Debit Card (ATM Card)    Required Initial Deposit — P50,000 Required Minimum Monthly ADB — P50,000 Required Daily Balance to Earn Interest —P50,000  H. Maxi-Saver(4) Savings with Passbook Required Initial Deposit — P75,000 Required Minimum Monthly ADB — P75,000 Required Daily Balance to Earn Interest —P75,000  Requirements and How to Apply for BPI Savings Account Visit the nearest branch in your area and bring the following; Valid, unexpired, photo-bearing Identification Card (ID) with signature Initial deposit  4. Land Bank of the Philippines  A. ATM Savings Account  Required Initial Deposit — P500 Required Minimum Monthly ADB — P500 Required Daily Balance to Earn Interest —P2,000  B. Easy Savings Plus (ESP) Minimum Initial Deposit— P20,000 Required Minimum Monthly ADB—P20,000 Required Daily Balance to Earn Interest — P20,000  C. Regular Passbook Savings Account Minimum Initial Deposit — P10,000 Required Minimum Monthly ADB — P10,000 Required Daily Balance to Earn Interest — P10,000  Requirements and How to Apply for Landbank Savings Account Visit the nearest Landbank Branch in your area Bring at least one Valid ID Initial deposit  5. Philippine National Bank (PNB) Savings Account  A. PNB Superteller ATM Initial Deposit — P3,000 Minimum Maintaining Balance — P3,000 Minimum ADB to Earn Interest — P10,000  B. PNB Passbook Savings Initial Deposit —P10,000 Minimum Maintaining Balance—P10,000 Minimum ADB to Earn Interest—P15,000  C. Direct Deposit Program Initial Deposit — P100 Minimum Maintaining Balance—P100 Minimum ADB to Earn Interest— P5,000  D. PNB Prime Savings Account Initial Deposit—P50,000 Minimum Maintaining Balance—P50,000 Minimum ADB to Earn Interest —P100,000  Requirements and How to Apply for PNB Savings Account Visit the nearest PNB Bank in your area Bring at two IDs 2 ID pictures (1x1 or 2x2) Initial deposit Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form  Requirements for Opening a Savings Account in BDO, Metrobank, BPI, Landbank, and PNB
5. Philippine National Bank (PNB) Savings Account

A. PNB Superteller ATM
  • Initial Deposit — P3,000
  • Minimum Maintaining Balance — P3,000
  • Minimum ADB to Earn Interest — P10,000
B. PNB Passbook Savings
  • Initial Deposit —P10,000
  • Minimum Maintaining Balance—P10,000
  • Minimum ADB to Earn Interest—P15,000
C. Direct Deposit Program
  • Initial Deposit — P100
  • Minimum Maintaining Balance—P100
  • Minimum ADB to Earn Interest— P5,000
D. PNB Prime Savings Account
  • Initial Deposit—P50,000
  • Minimum Maintaining Balance—P50,000
  • Minimum ADB to Earn Interest —P100,000
Requirements and How to Apply for PNB Savings Account
  • Visit the nearest PNB Bank in your area
  • Bring at two IDs
  • 2 ID pictures (1x1 or 2x2)
  • Initial deposit
  • Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form
Looking for the best bank in terms of interest rate? Read: 10 Best Banks to Open Savings Account in the Philippines

This article is filed under savings account, best bank to open a savings account, deposit account, bank interest, assets, minimum deposit, bank loans, and interest rate.

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Looking for a house and lot or a vacant lot where you can build your house? Check the following list of foreclosed properties from East West Bank for this month of August 2018. The lowest price of these properties is P70,000. So if you are looking for bankruptcy house or foreclosed house to buy for your family or for investment? Check it on the list below! Note: Jbsolis.com is not affiliated with EastWest Bank and this post is not a sponsored. If you are interested in any of these properties, contact directly with the bank's branches in your area.

If you are the "manager" of remittances sent by an Overseas Filipino Worker (OFW), this savings account is designed just for you. With the BPI Padala Moneyger, you can effectively budget and save for your family's future. Remittances are sent directly into your account in a safe and very convenient way.

According to the World Bank Global Financial Inclusion Database, only 31.3 percent of Filipino adults have a formal account in the bank. Are you one of them or are you with the bigger population that chooses to save money on their own homes?  There are many reasons why Filipinos are not keen on opening a bank account. Few of these are the cost, lack of money, lack of documentary requirements and perceived low utility of a bank account. To solve this problem, the Monetary Board of the Banko Sentral ng Pilipinas, approved a new Circular that sets out the framework for banks to offer a basic deposit account to promote ownership among the unbanked population.


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