A. Update on Deposits Pricing
Please be advised that effective March 3, 2014, updated pricing on Deposit Products is as follows:
Type of Deposit
Account
Savings and Checking Accounts - Balance Requirements and Interest Rates
Require d Initial
Deposit
Required
Minimum
Monthly ADB
Required
Daily
Balance to
Earn Interest
Interest Rate
(Per Annum)
From
Interest Rate
(Per Annum)
To
PESO SAVINGS ACCOUNTS
BPInoy Savings N.A. P 500 0.750% 0.500%
P 500
N.A.
(For as long as there is a remittance transaction at least once every three months)
P 500 P 500 0.750% 0.500% Express Teller
Savings
BPI Direct Stock
Trade Account
Maxi-Saver
Savings with
ATM ^
P 500 P 500
P 25,000 P 25,000
P 500
P 25,000
0.750%
Average Daily Balance:
Less than P 25,000
P 25,000 - less than P 300,000
N.A.
1.000%
0.500%
Average Daily Balance:
Less than P 25,000
P 25,000 - less than P 300,000
P 300,000 - less than P 500,000 1.125%
P 500,000 - less than 1M 1.250%
P 1M and above 1.375%
With 0.5% BONUS p.a. if no withdrawal within a month
N.A.
0.500%
P 300,000 - less than P 500,000
P 500,000 - less than 1M
0.500%
0.625%
P 1M and above 1.250%
With 0.5% BONUS p.a. if no withdrawal within a month
Save-Up
Automatic
Savings +
Insurance
Maxi-One
Checking
N.A. P 1,000
P 25,000 P 25,000
P 1,000
P 25,000
0.750%
0.500%
0.500%
0.500%
^ For Maxi-Saver Savings, if withdrawal exceeds 6 times within a month, the account will be subject to the rate that applies to the lowest interest-bearing tier. Any form of client initiated debit from the account is considered a withdrawal.
B. Service Fee for falling below required ADB is retained at Php250 (implemented on June 1, 2012).
Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000.