BEST BANK TO OPEN A SAVINGS ACCOUNT:
WHICH IS THE BEST BANK TO OPEN A SAVINGS ACCOUNT
A Savings Account is an account created in the bank or credit union where you can deposit your money and earn some interest. Despite the low-interest rate return, it is still one of the safest places to park your money.
Here is a list of banks where you can open a savings account:
All the information, including bank requirements, initial required cash deposit, interest rates, and more, are provided below.
Today, most banks only require a government ID, and Completely filled-out bank forms to open a savings account.
[Saving account for kids Click Here] or for
[Recommended banks to open a Checking Account Click Here]
BEST BANK TO OPEN A SAVINGS ACCOUNT: SAVING ACCOUNT REQUIREMENTS
| BPI SAVINGS ACCOUNT REQUIREMENTS: |
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BPI PADALA MONEYGER:
*designed for those who receive remittances from abroad
Required Initial Deposit: NONE
Required Minimum Monthly ADB: Php1,000
Required Balance To Gain Interest: Php5,000
Interest Rate: 0.250%
BPI JUMPSTART SAVINGS ACCOUNT:
*designed for the youth, ages 10 to 17 years old
Required Initial Deposit: Php100
Required Minimum Monthly ADB: Php1,000
Required Balance To Gain Interest: Php1,000
Interest Rate: 0.250%
BPI KAYA SAVINGS ACCOUNT:
*no maintaining balance with a minimal fee for withdrawal transactions
Required Initial Deposit: Php200
Required Minimum Monthly ADB: NONE
Required Balance To Gain Interest: Php1,000
Interest Rate: 0.250%
BPI EXPRESS TELLER SAVINGS ACCOUNT:
Required Initial Deposit: Php500
Required Minimum Monthly ADB: Php3,000
Required Balance To Gain Interest: Php5,000
Interest Rate: 0.250%
BPI PASSBOOK SAVINGS ACCOUNT:
Required Initial Deposit: Php10,000
Required Minimum Monthly ADB: Php10,000
Required Balance To Gain Interest: Php25,000
Interest Rate: 0.250%
| PSBANK SAVINGS ACCOUNT REQUIREMENTS: |
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::BEST BANK TO OPEN A SAVINGS ACCOUNT::
PSBANK ATM SAVINGS ACCOUNT REQUIREMENTS:
– Completely filled-out bank forms
– 1 Valid ID
Required Minimum Monthly ADB: Php2,000
Required Balance To Gain Interest: Php25,000
Interest Rate: 0.5%
PSBANK REGULAR PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
– Completely filled-out bank forms
– 1 Valid ID
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.5%
PSBANK PASSBOOK WITH ATM SAVINGS ACCOUNT REQUIREMENTS:
– Completely filled-out bank forms
– 1 Valid ID
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.5%
PSBANK OVERSEAS FILIPINO SAVINGS ACCOUNT REQUIREMENTS:
– Completely filled-out bank forms
– 1 Valid ID
Required Initial Deposit: NONE
Required Minimum Monthly ADB: Php1,000
Required Balance To Gain Interest: Php5,000
Interest Rate: 0.5%
* For OFWs: Declaration of employer and country of employment are required.
* For OFW Beneficiaries: OFW Beneficiary has to indicate the name, relationship, contact details, country where OFW remitter works, and the employer under “Other Sources of Funds/Deposits” portion of the CIS.
PSBANK CUSTOMER HOTLINE NUMBER 845-8888
| METROBANK SAVINGS ACCOUNT REQUIREMENTS: |
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METROBANK PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
-1 valid photo-bearing ID
-Initial deposit
Required Initial Deposit: Regular Php10,000 / OFW NA / SSS PENSIONER PHP100
Required Minimum Monthly ADB: Regular Php10,000 / OFW NA / SSS PENSIONER PHP100
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.250%
METROBANK ATM CARD SAVINGS ACCOUNT:
-1 valid photo-bearing ID
-Initial deposit
Required Initial Deposit: Regular Php2,000 / OFW NA / SSS PENSIONER PHP100
Required Minimum Monthly ADB: Regular Php2,000 / OFW NA / SSS PENSIONER PHP100
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.250%
BEST BANK TO OPEN A SAVINGS ACCOUNT : SAVING ACCOUNT REQUIREMENTS
| CITYSTATE SAVINGS ACCOUNT REQUIREMENTS: |
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CITYSTATE PESO PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
-1 valid photo-bearing ID
-Initial deposit
Required Initial Deposit: Php500 Only
Required Minimum Monthly ADB: Php500
Required Balance To Gain Interest: Php1,000
CITYSTATE PESO ATM SAVINGS ACCOUNT REQUIREMENTS:
-1 valid photo-bearing ID
-Initial deposit
Required Initial Deposit: Php500 Only
Required Minimum Monthly ADB: Php500
Required Balance To Gain Interest: Php1,000
*Maximum withdrawal of P 40,000.00 per banking day
| BANK OF COMMERCE SAVINGS ACCOUNT REQUIREMENTS: |
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BANK OF COMMERCE SAVINGS ACCOUNT PLUS SAVINGS ACCOUNT REQUIREMENTS:
*ATM Card plus Passbook
Required Initial Deposit: Php10,000
Required Minimum Monthly ADB: Php10,000
Required Balance To Gain Interest: Php50,000
BANK OF COMMERCE PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php10,000
| PNB SAVINGS ACCOUNT REQUIREMENTS: |
|---|
PNB SUPERTELLER ATM SAVINGS ACCOUNT REQUIREMENTS:
– 2 photo-bearing government issued IDs
– 2 ID pictures either 1×1 or 2×2
– Accomplished Client Information Form
Required Initial Deposit: Php3,000
Required Minimum Monthly ADB: Php3,000
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.1%
PNB PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
– 2 photo-bearing government issued IDs
– 2 ID pictures either 1×1 or 2×2
– Accomplished Client Information Form
Required Initial Deposit: Php10,000
Required Minimum Monthly ADB: Php10,000
Required Balance To Gain Interest: Php15,000
Interest Rate: 0.1%
BANK OF COMMERCE PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php10,000
| UNIONBANK SAVINGS ACCOUNT REQUIREMENTS: |
|---|
UNIONBANK REGULAR SAVINGS ACCOUNT REQUIREMENTS:
– 1 VALID ID
Required Initial Deposit: Php100,000
Required Minimum Monthly ADB: Php100,000
Required Balance To Gain Interest: Php100,000
Interest Rate: 0.1%
::BEST BANK TO OPEN A SAVINGS ACCOUNT::
| BDO SAVINGS ACCOUNT REQUIREMENTS: |
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BDO PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php10,000
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.25%
BDO ATM SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php2,000
Required Minimum Monthly ADB: Php2,000
Required Balance To Gain Interest: Php5,000
Interest Rate: 0.25%
| SECURITY SAVINGS ACCOUNT REQUIREMENTS: |
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SECURITY EASY SAVINGS ACCOUNT REQUIREMENTS:
-Completely Filled Up Bank Information Forms
-1 primary valid ID or 2 secondary valid IDs
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php5,000
Interest Rate: 0.1%
| EASTWEST SAVINGS ACCOUNT REQUIREMENTS: |
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EASTWEST BASIC SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php100
Required Minimum Monthly ADB: Php100
Required Balance To Gain Interest: Php500
Interest Rate: 0.125%
*Over the Counter Fee Php100
EASTWEST PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php5,000
Required Minimum Monthly ADB: Php5,000
Required Balance To Gain Interest: Php10,000
Interest Rate: 0.125%
| UCPB SAVINGS ACCOUNT: |
|---|
UCPB WITH ATM SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php2,000
Required Minimum Monthly ADB: Php2,000
Required Balance To Gain Interest: Php10,000
* Fall Bellow MADB FEE: PHP500
UCPB PASSBOOK SAVINGS ACCOUNT REQUIREMENTS:
Required Initial Deposit: Php10,000
Required Minimum Monthly ADB: Php10,000
Required Balance To Gain Interest: Php10,000
* Fall Bellow MADB FEE: PHP500
BEST BANK TO OPEN A SAVINGS ACCOUNT:
BEST BANK TO OPEN A SAVINGS ACCOUNT:
[FOR SAVINGS ACCOUNT FOR KIDS CLICK HERE]
[FOR CHECKING ACCOUNT CLICK HERE]
[FOR MORE SAVINGS & INVESTMENTS CLICK HERE]
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