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Showing posts with label savings account for kids. Show all posts
Showing posts with label savings account for kids. Show all posts

Tuesday, July 17, 2018

10 Best Banks to Open Savings Account in the Philippines

Saving money in a bank is considered to be the easiest and safest way to save money. Banks offer different types of savings accounts where you can save money while earning a small interest. Aside from this, you can be so sure that your money is safe at the bank because they are insured by the PDIC to a certain amount.
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Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
Here in the Philippines, although many people save, only a few put their savings in a bank. According to the latest survey from Bangko Sentral ng Pilipinas, seven out of ten Filipinos don't have savings in a bank. Are you one of them? If so, then it's time to head to the bank. 
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To make it easy for you to choose which bank to go to, we have made a comparison among 10 banks in the Philippines starting with the highest interest. Included in the list are savings account for kids, OFWs as well as personal accounts. 

Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
1. Tanay Rural Bank Savings Account
  • Interest — Up to 1.75%
  • Initial Deposit — P500
  • Balance to Interest — P500
  • High-interest savings account for as low as ₱500 initial deposit
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
2. Security Bank eSecure Savings Account
  • Interest — Up to 1.20%
  • Initial Deposit — P500
  • Balance to Interest — P5,000
  • Higher-earning savings account designed to get you more from your savings
Security Bank Regular Build Up Savings Account
  • Interest — Up to 50%
  • Initial Deposit — P5,000
  • Balance to Interest — P10,000
  • Earn higher interest with no lock-in or fixed minimum term.
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
3. Equicom Savings Bank Kiddie Builders Savings Account
  • Interest — Up to 1.00%
  • Initial Deposit — P500
  • Balance to Interest — P1,000
  • An interest-bearing passbook savings product designed for kids with a high-interest rate.
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
4. Sterling Bank of Asia Bayani OFW Savings Account
  • Interest — Up to 1.00%
  • Initial Deposit — P0
  • Balance to Interest — P2,000
  • Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)
Sterling Bank of Asia Solo Savings Account
  • Interest — Up to 0.50%
  • Initial Deposit — P5,000
  • Balance to Interest — P5,000
Sterling Bank of Asia Neo Savings Account
  • Interest — Up to 0.38%
  • Initial Deposit — P0
  • Balance to Interest — P2,000
  • A special savings deposit account for kids ages 17 and below. 
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
5. BPI Direct Savings Direct Express Teller Savings
  • Interest — Up to 0.50%
  • Initial Deposit — P500
  • Balance to Interest — P500
  • Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels
BPI Direct Savings BPInoy Savings
  • Interest — Up to 0.50%
  • Initial Deposit — P0
  • Balance to Interest — P500
  • Receive remittances fast and safe with your Bpinoy Savings Account
BPI Direct Savings Save-Up Automatic Savings + Insurance
  • Interest — Up to 0.50%
  • Initial Deposit — P0
  • Balance to Interest — P1,000
  • A savings account that comes with free life insurance coverage
BPI Family Savings Save-Up Automatic High Savings
  • Interest — Up to 0.50%
  • Initial Deposit — P0
  • Balance to Interest — P3,000
  • Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance
BPI Family Savings Jumpstart Savings
  • Interest — Up to 0.50%
  • Initial Deposit — P100
  • Balance to Interest — P1,000
  • Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving
BPI Family Savings Easy Saver
  • Interest — Up to 0.50%
  • Initial Deposit — P200
  • Balance to Interest — P1,000
  • Open your own savings account for only ₱200
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card

6. RCBC Savings Bank Dragon All-in-one - Personal Account
  • Interest — Up to 0.38%
  • Initial Deposit — P25,000
  • Balance to Interest — P25,000
  • Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
7. BDO Prime Savers
  • Interest — Up to 0.25%
  • Initial Deposit — P2,000
  • Balance to Interest — P5,000
  • Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.
BDO Power Teens Club
  • Interest — Up to 0.25%
  • Initial Deposit — P2,000
  • Balance to Interest — P2,000
  • Savings account for kids age 13-19 y/o which they can open with an ATM Card
BDO Peso Passbook Savings Account
  • Interest — Up to 0.25%
  • Initial Deposit — P5,000
  • Balance to Interest — P10,000
  • Enjoy the security of a passbook and earn fixed interest on your savings.
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
8. BPI Kaya Savings
  • Interest — Up to 0.25%
  • Initial Deposit — P200
  • Balance to Interest — P1,000
  • Savings account with no maintaining balance and with a minimal fee for withdrawal transactions
BPI Pamana Padala
  • Interest — Up to 0.25%
  • Initial Deposit — P500
  • Balance to Interest — P5,000
  • Savings account specially designed savings account for Overseas Filipino Remitters
BPI Save-Up Automatic Savings + Insurance
  • Interest — Up to 0.25%
  • Initial Deposit — 0
  • Balance to Interest — P5,000
  • A savings account that comes with free life insurance coverage
BPI Jumpstart Savings
  • Interest — Up to 0.25%
  • Initial Deposit — 100
  • Balance to Interest — P2,000
  • Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving
Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
9. Maybank Classic Savings Account
  • Interest — Up to 0.25%
  • Initial Deposit — 10, 000
  • Balance to Interest — P10,000
  • Regular passbook savings account that comes with a free ATM card
Maybank IM Teen Savings Account
  • Interest — Up to 0.25%
  • Initial Deposit — P500
  • Balance to Interest — P5,000
  • Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17Saving money with a bank considered to be the easiest and safest way to save money. With banks, it offers a different type of savings account where you can save money at the same time earns interest. Aside from this, you can be so sure that your money is safe at the bank because they cannot be lost or stolen. But here in the Philippines, although many people save, only a few put their savings in the bank. According to the latest survey of Bangko Sentral ng Pilipinas, seven out of 10 Filipinos don't have savings in the bank. Are you one of them? If you are looking for a bank that will value your money in a savings account you may check the following comparison of savings account from 10 banks in the Philippines.   1. Tanay Rural Bank Savings Account Interest — Up to 1.75% Initial Deposit — P500 Balance to Interest — P500 High-interest savings account for as low as ₱500 initial deposit  2. Security Bank eSecure Savings Account Interest — Up to 1.20% Initial Deposit — P500 Balance to Interest — P5,000 Higher-earning savings account designed to get you more from your savings  Security Bank Regular Build Up Savings Account Interest — Up to 50% Initial Deposit — P5,000 Balance to Interest — P10,000 Earn higher interest with no lock-in or fixed minimum term.  3. Equicom Savings Bank Kiddie Builders Savings Account Interest — Up to 1.00% Initial Deposit — P500 Balance to Interest — P1,000 An interest-bearing passbook savings product designed for kids with a high-interest rate.  4. Sterling Bank of Asia Bayani OFW Savings Account Interest — Up to 1.00% Initial Deposit — P0 Balance to Interest — P2,000 Account intended to support the requirement and needs of Overseas Filipino Workers (OFWs)  Sterling Bank of Asia Solo Savings Account Interest — Up to 0.50% Initial Deposit — P5,000 Balance to Interest — P5,000  Sterling Bank of Asia Neo Savings Account Interest — Up to 0.38% Initial Deposit — P0 Balance to Interest — P2,000 A special savings deposit account for kids ages 17 and below.  5. BPI Direct Savings Direct Express Teller Savings Interest — Up to 0.50% Initial Deposit — P500 Balance to Interest — P500 Monitor and manage your accounts anytime, anywhere easily with superior electronic banking channels  BPI Direct Savings BPInoy Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P500 Receive remittances fast and safe with your Bpinoy Savings Account  BPI Direct Savings Save-Up Automatic Savings + Insurance Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P1,000 A savings account that comes with free life insurance coverage  BPI Family Savings Save-Up Automatic High Savings Interest — Up to 0.50% Initial Deposit — P0 Balance to Interest — P3,000  Savings account that comes with a free life insurance equivalent to up to 5x your savings account balance  BPI Family Savings Jumpstart Savings Interest — Up to 0.50% Initial Deposit — P100 Balance to Interest — P1,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  BPI Family Savings Easy Saver Interest — Up to 0.50% Initial Deposit — P200 Balance to Interest — P1,000 Open your own savings account for only ₱200  6. RCBC Savings Bank Dragon All-in-one - Personal Account Interest — Up to 0.38% Initial Deposit — P25,000 Balance to Interest — P25,000 Enjoy higher interest rates than regular savings account while enjoying unlimited access to your accounts via ATMs and RCBC branches  7. BDO Prime Savers Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P5,000 Savings account for individuals 60 years old and up. who wants to enjoy special forex rates and priority service.  BDO Power Teens Club Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P2,000 Savings account for kids age 13-19 y/o which they can open with an ATM Card  BDO Peso Passbook Savings Account Interest — Up to 0.25% Initial Deposit — P5,000 Balance to Interest — P10,000 Enjoy the security of a passbook and earn fixed interest on your savings.  8. BPI Kaya Savings Interest — Up to 0.25% Initial Deposit — P200 Balance to Interest — P1,000 Savings account with no maintaining balance and with a minimal fee for withdrawal transactions  BPI Pamana Padala Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account specially designed savings account for Overseas Filipino Remitters  BPI Save-Up Automatic Savings + Insurance Interest — Up to 0.25% Initial Deposit — 0 Balance to Interest — P5,000 A savings account that comes with free life insurance coverage  BPI Jumpstart Savings Interest — Up to 0.25% Initial Deposit — 100 Balance to Interest — P2,000 Savings account specially designed for children age 10-17 y/o, for them to get the best out of saving  9. Maybank Classic Savings Account Interest — Up to 0.25% Initial Deposit — 10, 000 Balance to Interest — P10,000 Regular passbook savings account that comes with a free ATM card  Maybank IM Teen Savings Account Interest — Up to 0.25% Initial Deposit — P500 Balance to Interest — P5,000 Savings account with a personal accident and medical reimbursement benefit for individuals aged 13 to 17  10. Metrobank Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P2,000 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card  Metrobank OFW Debit/ATM Card Savings Account Interest — Up to 0.25% Initial Deposit — P0 Balance to Interest — P10,000 Perform your transactions at any ATM Metrobank terminal using your ATM card
10. Metrobank Debit/ATM Card Savings Account
  • Interest — Up to 0.25%
  • Initial Deposit — P2,000
  • Balance to Interest — P10,000
  • Perform your transactions at any ATM Metrobank terminal using your ATM card
Metrobank OFW Debit/ATM Card Savings Account
  • Interest — Up to 0.25%
  • Initial Deposit — P0
  • Balance to Interest — P10,000
  • Perform your transactions at any ATM Metrobank terminal using your ATM card

SEE MORE
For as low as P36,000 you can buy a foreclosed properties from Metrobank this July 2018! So if you are looking for bankruptcy house or foreclosed house to buy or for investment, Metrobank has many acquired properties for sale in their foreclosure auction this month of July. In real estate foreclosure listings below from Metrobank, you can find foreclosed homes or house and lot, vacant lot and any other properties. If you are lucky enough, you may acquire one of this properties at a cheap price compared to those in the other market!  Note: Jbsolis.com is not affiliated with Metrobank 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. Thank You.
The following are used cars for sale from Security Bank. These are bank-repossessed cars or pre-owned vehicles for sale that come from the Bank's Auto Loan Borrowers who defaulted in their loan obligation. According to the bank's website, these cars are affordable and high quality used cars for sale. Interested buyers can choose from different brands like Ford, Kia, Hyundai, Toyota, Nissan, Mitsubishi.
In spite of earning big while working abroad, there are times that Overseas Filipino workers (OFWs) fall short of their finances. As a breadwinner an OFW, be it land-based or sea-based carries if not all, almost all financial worries of the family. These include the basic and daily needs of the family, tuition fees of the children, emergencies and other things that may drain the savings.  And because of this getting a loan is also an option to OFWs. And if you are looking for an easy and affordable way of getting extra cash on hand, the Bank of the Philippine Island (BPI) has something to offer — the BPI Personal Loan! According to the bank's website, BPI Personal Loan comes with "fixed interest and longer payments period that offers OFWs strong flexibility when it comes to finances."  BPI Personal Loan is designed for land-based and sea-based workers, which means, whatever types of OFW you are, there is a loan applicable to you!  For Sea-based Overseas Filipinos  Fast cash up to P300,000 with minimal requirements only: 1. Two (2) valid government-issued photo-bearing IDs 2. Proof of income documents:     - Latest and unexpired signed POEA contract; OR     - Employment contract with boarding date  Affordable monthly payments with no pre-termination fees

©2018 THOUGHTSKOTO

Wednesday, March 08, 2017

For Your Kids Savings Account, This 17 Banks Offers P100 Only as Opening Amount

As parents, we should teach our children values like on how to save, and it should start while they are young.

As a verse in the Book of Provers that says “Train up a child in the way he should go: and when he is old, he will not depart from it.”
As parents, we should teach our children values like on how to save, and it should start while they are young.  As a verse in the Book of Provers that says “Train up a child in the way he should go: and when he is old, he will not depart from it.”


(Photo Credit:mymomfriday.com)
Frugality is a value that is needed to be taught to children today. Just like saving money in a piggy bank.

But to make kids saving safe, why not put it in a savings account in a bank under their names?

Yes, this is now possible since more banks now offer a Kiddie Accounts. This program will be expanded to cover teenagers as well.


The program was launched last March 8.
According to Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco, Jr., 19 years old and below will be able to open a savings account with a participating bank for just P100.


The accounts will not have any minimum maintaining balance required. 
Kiddie Accounts were converted to regular savings accounts when the account holder reached 13 years old.
Now, there are 17 banks that joined the program.

    Tetangco added, "Aside from targeting a wider market of savers, we also wish to help those who have started the habit of saving sustain it until they have graduated and started working," 

    Kiddie Accounts were first introduced in 2011 to help teach young Filipinos good money habits.


    These banks are: 

    1. Banco de Oro - BDO Junior Savers
    Feature
    • Minimum Initial Deposit Php 100.00
    • Minimum Monthly Average Daily Balance Requirement Php 100.00
    • Minimum Balance to Earn Interest Php 2,000.00
    • Gross Interest Rate Per Annum 0.25%
    Service Fees and Charges
    • Account Closure - Php 300.00Falling Below Minimum Balance - Php 300.00
    • Account Dormancy - 300.00
    • Withholding Tax for Interest Earned - 20%

    Requirements


    A. If account will be under the name of the child.
    Present any of the following: (Original copies must be presented
    for verification)

    • Passport
    • School ID signed by the principal/school head
    • Birth Certificate issued by Local Civil Registry or NSO
    B. If account will be under the name of the parent/guardian (parental account).

    • At least two (2) IDs of the parent/guardian.
    • Any of the child's ID/document as indicated in above (passport, school ID)
    • Adoption papers - applicable if the account is to be opened by the adoptive Parente
    • Guardianship documents - applicable if the account to be opened is by the Legal Guardian.
    2. & 3. Bank of the Philippine Island and BPI Family Savings Bank-BPI Jumpstart Savings Account
    • Minimum initial deposit - P100 pesos
    • Maintaining average daily balance - P500 for a BPI Family account - P1,000 for a BPI account
    • Minimum average daily balance to earn interest is P1,000 for a BPI Family account - P2,000 for a BPI account
    Requirements
    • At least two valid IDs
    • Birth Certificate

    4. China Bank Savings - Easi-Save for Kids
    • Passbook
    • For kids 12 years old and younger
    • In-trust-for accounts or ITF accounts are opened  for children below 7 years old
    • Initial deposit is 500 pesos
    • Minimum Balance to Earn Interest is 500 pesos

    5. Development Bank of the Philippines - DBP - Young Earners' Savings Accounts (YES)
    • For kids ages 12 years and below
    • Minimum initial deposit of 500 pesos
    • DBP In Trust For (ITF) Savings Opened by parents on behalf of their children younger than 18 years old
    6. EastWest Bank
    • Minimum Initial Deposit:P 2,000.00
    • Maintaining ADB:P 2,000.00
    • Interest Earning Balance:P 2,000.00
    • Interest Rate:.25% p.a.
    • Withholding tax:20%
    • Fund Access:Over-the-counter/
    • Internet Banking Facility/Mobile Access
    • Transaction Record:Passbook

    7. Maybank Philippines - Yippie Savings Account

    • Be covered with free personal accident insurance 24 hours a day, 7 days a week with coverage equal to 5 times the previous month’s ADB or up to a maximum of Php 500,000.
    • Free medical reimbursement benefit equal to 10% of the personal accident insurance coverage.
    • Monitor the funds through a passbook and access them with a regional ATM card which you can use at any Maybank ATMs in Malaysia, Singapore, Cambodia and Brunei free of charge!
    Interest rate*
    • 0.250% for balances of Php 5,000 to Php 199,999.99
    • 0.500% for balances of Php 200,000 and above
    Requirements

    • For In-Trust-For (ITF) account, the birth certificate of the child is required to be presented.
    • Any valid IDs for parents/guardian
    • For Minors or student who are not yet of voting age: School ID (photo-bearing and signed by the Principal or Head of Schools)
    • Birth Certificate
    • Library ID
    • IDs must be current and unexpired.

    8. Metrobank - Fun Savers Club

    Requirements and features

    • Child's NSO Birth Certificate
    • Student's ID duly signed by School Principal or Head of School (for student)
    • Two 1x1 recent ID pictures
    • Php 500.00 initial deposit (this is also the required maintaining balance)
    • Balance to Earn Interest - P4,000
    • Interest Rate (per annum or year) - 0.25
    • Service Fee for Accounts Falling Below Maintaining Balance (for 2 consecutive months) -P300

    9. Philippine National Bank 



    10. Philippine Savings Bank 



    Requirements


    Completely filled-out bank forms:
    • Customer Information Sheet (CIS) for Individual Clients
    • Signature Card
    • Signing Instructions and Acknowledgement of Receipt Form
    • Fully accomplished Interbank Fund Transfer (IBFT) Enrollment form if parents and guardians want to avail of automatic intra-bank fund transfer service
    • Quit Claim / Waiver signed by the parent or guardian (only for PSBank Kiddie Savers and Teen Savers Accounts with PSBank Debit Mastercard)
    Additional requirements for legal guardians opening an ITF account:
    • Customer Information Sheet (CIS) for Beneficiaries and Beneficial Owners
    • A Court Order is required as proof of authority to open and operate an ITF account on behalf of the ward/s
    • Valid IDs
    Parents / Legal Guardians:
    • At least one primary ID or two valid secondary IDs, one of which with photo and signature
    Child/ren or Ward/s
    • Birth Certificate issued by the NSO or Certified True Copy issued by the Local Civil Registrar
    • Passport or School ID (photo bearing duly signed by the principal or head of the school)

    11. Philippine Veterans Bank 



    12. Rizal Commercial Banking Corp. and 13. RCBC Savings Bank

    RCBC- Wise Investors Save Early (WISE) Savings Account

    • For children younger than 7, parents can open a WISE account as an In-Trust-For (ITF) account
    • Minimum initial deposit is 500 pesos
    • Maintaining balance is 1,000
    • Balance to earn interest is 5,000
    • Annual interest rate of 0.5 %, subject to the 20% withholding tax
    • Can be purely a passbook account, or a passbook account with ATM
    • Free one-year personal accident insurance worth 20,000 pesos each for parent and child upon


    14. Security Bank - Junior One Account


    • Opening Balance P100
    • Minimum Balance to
    • Earn Interest P5,000
    • Maintaining Balance P5,000
    • Interest Rate* (p.a.) 0.5%

    Requirements

    For Resident Citizen, Non-Resident Citizen and Resident Alien:
    • 1 primary valid ID or 2 secondary valid IDs
    • Available for children aged 18 years and below. For children under 5 years old, a parent or legal guardian has to be a joint account holder


    15. Sterling Bank of Asia -Neo Savings Account

    • For kids ages 17 years old and younger
    • Initial deposit: any amount
    • No maintaining balance requirement
    • Minimum balance to earn interest is 2,000 pesos
    • Annual interest rate is 0.375%
    • Passbook and Visa debit card


    16. United Coconut Planters Bank and 17.UCPB Savings Bank

    UCPB Kiddie Max Account

    • For children 18 years old and younger
    • Passbook or ATM card
    • Minimum initial deposit is 500 pesos
    • Minimum ADB to earn interest is 10,000 pesos
    • Annual interest rate is 0.25%
    • Can be funded from parents' UCPB accounts via online or phone banking
     Thriftiness should be a practice of everyone, not just for children but above all for adults. Because how can we teach our child to save when as the parents we don't have savings? It is important also so that in times of emergency we have money to use.

    This article is filed under: bank, Bank Account, Bank Account Philippines, Banking, banking needs, banks savings account, best bank for savings account, banks savings account, banks, savings account for kids, 

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    ©2017 THOUGHTSKOTO