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BDO vs BPI Savings Account Products Compared


BDO vs BPI savings account
BDO vs BPI



BDO vs BPI Savings Account Products






BDO Savings Account Deposit Products

1. Peso Passbook Savings Account (With or Without ATM)

      Required Initial Deposit - P5000
      Required Minimum Monthly Balance (ADB) - P10,000
      Required Daily Balance To Earn Interest - P10,000
      Interest Rate Per Year - 0.25%
    
2. Peso ATM ( Without Passbook)

      Required Initial Deposit - P2000
      Required Minimum Monthly Balance (ADB) - P2000
      Required Daily Balance To Earn Interest - P5000
      Interest Rate Per Year - 0.25%

3. Optimum Peso Savings Account (Personal)

      Required Initial Deposit - P30,000
      Required Minimum Monthly Balance (ADB) - P30,000
      Required Daily Balance To Earn Interest - P30,000
      Interest Rate Per Year - N/A

4. Optimum Peso Savings Account (Corporate)

      Required Initial Deposit - P50,000
      Required Minimum Monthly Balance (ADB) - P50,000
      Required Daily Balance To Earn Interest - P50,000
      Interest Rate Per Year - 

5. Junior Savers

      Required Initial Deposit - P100
      Required Minimum Monthly Balance (ADB) - P100
      Required Daily Balance To Earn Interest - P2000
      Interest Rate Per Year - 0.25%

6. Power Teens Club

      Required Initial Deposit - P2000
      Required Minimum Monthly Balance (ADB) - P2000
      Required Daily Balance To Earn Interest - P2000
      Interest Rate Per Year - 0.25%

7. Prime Savers

      Required Initial Deposit - P2000
      Required Minimum Monthly Balance (ADB) - P2000
      Required Daily Balance To Earn Interest - P5000
      Interest Rate Per Year - 0.25%

8. Direct Deposit Peso Savings Account 

      Required Initial Deposit - P0.00
      Required Minimum Monthly Balance (ADB) - P0.00
      Required Daily Balance To Earn Interest - P5000
      Interest Rate Per Year - 0.25%


      Note: The following charges may be imposed upon savings 
            account deposit. (Depends On The Kind of Account)
            1. P300 - Account Closure Within 30 days.
            2. P300 - Below Minimum Balance
            3. P300 - Dormancy Fee
            4. 20% withholding tax is imposed on interest earned
               on savings account deposit.
          
                   

BPI Savings Account Deposit Products

1. BPI Advance Savings Account (With Passbook)

      Required Initial Deposit - P100,000
      Required Minimum Monthly Balance (ADB) - P100,000
      Required Daily Balance To Earn Interest - P100,000
      Interest Rate Per Year - 0.750% - P100,000 to 999,999
                               1.500% - P1,000,000 and Above

2. BPI Easy Saver
      
      Required Initial Deposit - P200
      Required Minimum Monthly Balance (ADB) - N/A
      Required Daily Balance To Earn Interest - P1000
      Interest Rate Per Year - 0.250%

3. Express Teller Savings

      Required Initial Deposit - P500
      Required Minimum Monthly Balance (ADB) - P3000
      Required Daily Balance To Earn Interest - P5000
      Interest Rate Per Year - 0.250%

4. Save-Up Automatic Savings (Plus Insurance)

      Required Initial Deposit - N/A
      Required Minimum Monthly Balance (ADB) - P1000
      Required Daily Balance To Earn Interest - P5000
      Interest Rate Per Year - 0.250%

5. Jumpstart Savings 
      Required Initial Deposit - P100
      Required Minimum Monthly Balance (ADB) - P1000
      Required Daily Balance To Earn Interest - P2000
      Interest Rate Per Year - 0.250%

6. Maxi-Saver Savings (With ATM)
   
      Required Initial Deposit - P50,000
      Required Minimum Monthly Balance (ADB) - P50,000
      Required Daily Balance To Earn Interest - P50,000
      Interest Rate Per Year - 0.250% - P50,000 - P499,999
                               0.375% - P500,000 - P999,999
                               1.000% 1 (One) Million and Above

7. Get Started Savings Account with Life Insurance (ATM)

      Required Initial Deposit - P25,000
      Required Minimum Monthly Balance (ADB) - P25,000
      Required Daily Balance To Earn Interest - P25,000
      Interest Rate Per Year - 0.250%

   Get Started Savings Account with Life Insurance (Passbook)

      Required Initial Deposit - P75,000
      Required Minimum Monthly Balance (ADB) - P75,000
      Required Daily Balance To Earn Interest - P75,000
      Interest Rate Per Year - 0.250%

8. Passbook Savings

      Required Initial Deposit - P10,000
      Required Minimum Monthly Balance (ADB) - P10,000
      Required Daily Balance To Earn Interest - P25,000
      Interest Rate Per Year - 0.250%

9. Foreign Currency Savings (US Dollar)

      Required Initial Deposit - 500
      Required Minimum Monthly Balance (ADB) - 500
      Required Daily Balance To Earn Interest - 500
      Interest Rate Per Year - 0.250%

How is ADB or average daily balance computed?

ADB = (Day 1 ending balance + Day 2 ending balance… + Day 30 or 31 ending balance) 
                          No. of days in the month (i.e 30/31 days)

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Bigwas

I'm Bigwas, It is just an Alias. I have a degree in Criminology. I'm a blogger who loves to write about anything that cross my mind. I hope you learn something from my blog.

1 comment to '' BDO vs BPI Savings Account Products Compared "

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  1. BDO is much better than BPI, BDO is open upto 7pm in SM malls,
    BPI, managers i met are arrogant specially here in General santos city and its not safe
    to withdraw large amout in BPI, BDO withdrawal in SM mall is more safe.

    ReplyDelete

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