Are you planning to open a BPI Savings Account?
If yes, don’t worry because today I’ll share with you the 2 EASY STEPS on how to apply for your BPI Savings Account.
This guide will show you how easy it is to open or apply a BPI savings account just like your other savings account with other banks assuming you already have one.
Keep in mind that before you can open an account, you should have the necessary requirements ready before you go to your nearest BPI bank.
STEP 1:
Prepare the requirements for BPI Savings Account Application
- You need to have a Valid ID with picture and affix your signature
- 1×1 ID picture
- Initial Deposit
- Utility Bill with your address
Initial deposit varies depending on the type of BPI Savings Account that you’re going to open or apply for. You may visit this site for reference.
For example, for BPI Jumpstart Savings Account, the initial deposit is Php 100 only and maintaining balance should be Php 500.
For BPI Passbook Savings Account, the initial deposit is Php 10,000 and maintaining balance is Php 10,000.
For Utility Bill, it doesn’t need to be under your name, as long as it has the same address, it’s already valid.
STEP 2:
Go to the nearest BPI Branch.
Once you have the requirements ready then you can now visit your nearest BPI branch. You should advise the teller that you’ll be opening a BPI savings account and choose which savings account you prefer.
See? It’s very easy to open a BPI Savings Account as long as you have the necessary requirements.
Now, if you have no idea on what type of BPI Savings account you want to open, here’s the list of the BPI Savings Account with its features.
List of BPI Savings Account that you can choose from:
ADVANCE SAVINGS
This savings account allows you to earn your interest ahead of time on every deposit you made.
- Enjoy faster returns on deposit.
- Higher interest rates than a regular savings account.
- You earn in advance for every deposit made.
- You can monitor statements through passbook or BPI Express Online.
EASY SAVER
This is the standard savings account that you can use.
- You only need to pay 200 pesos to open an account.
- No maintaining balance.
- Fees
– 5 pesos per withdrawal in any BPI Express Teller ATMs.
– 50 pesos for the Express Teller Card fee.
– 100 pesos for withdrawals done over-the-counter in any BPI Branch.
BPI EXPRESS TELLER
It’s an ATM savings account that can be accessed in any BPI ATMs nationwide. It can also be used as debit card to pay your bills.
- Initial Deposit is 500 pesos
- Maintaining balance is 3,000/month
- Required balance to earn interest is 5,000 pesos
- Interest rate is 0.250% per annum
SAVE-UP
This savings account will automatically deduct a nominated amount from your ATM account to your Save-Up account.
You may check the complete details here Save-Up Product Features.
JUMPSTART
This savings account let your kids build a habit of saving at early age. Applicable only for ages 10 to 17 years old.
- Protect your child’s funds from unplanned withdrawals.
- You can schedule your child allowance to his/her jumpstart account.
- Cell phone reloading using other savings account or BPI Express Online account.
MAXI-SAVER
This savings account gives higher interest than regular account.
- You’ll get 0.5% p.a. if no withdrawal is made within the month.
- Can be accessed to funds via ATM, passbook, and BPI Express Online.
BPI PAMANA SAVINGS
This BPI savings account is good for those with families or the bread winners. You will you get FREE Life Insurance that’s worth 3x your account balance, that will give your family peace of mind in case something happens.
You may check the complete details here BPI Pamana Savings.
BPI PASSBOOK SAVINGS ACCOUNT
This savings account is the best way to keep your money safe.
- Initial Deposit is 10,000 pesos
- Required Maintaining balance is 10,000/month
- Required balance to earn interest is 25,000 pesos
- Interest rate is 0.250% p.a
FOREIGN CURRENCY SAVINGS
This savings account will let your foreign currencies grow with foreign currency savings account.
You may check the complete details here Foreign Currency Savings. (Source: BPI Savings)
Tip: Choose the type of BPI Savings Account that suits your needs and that’s within your current resources.
When you’re ready, go right ahead to the nearest BPI branch to finally open your desired BPI Savings Account.
Please allow a day to have your BPI savings account activated. The ATM and Passbook will be given right away.
I hope you found this article helpful.
Do you have questions or suggestions? Let’s talk at the comment section below!
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