Peso Savings Accounts
BDO has a range of Peso Savings Accounts to suit your needs.
BDO Peso Savings Accounts offer endless possibilities to keep and grow your money. Whether you’re saving for a long-term goal or setting aside money for upcoming commitments, there’s an option for you.
Peso Savings Accounts
Passbook Savings
Easily keep track of your account while growing your savings.
ATM Savings
A convenient way to save and access your money anytime, anywhere.
| Product | MInimum Initial Deposit |
Minimum MADB Requirement(1) |
Minimum Balance to Earn Interest |
|---|---|---|---|
| Passbook Savings | Php 5,000.00 | Php 10,000.00 | Php 10,000.00 |
| ATM Savings | Php 2,000.00 | Php 2,000.00 | Php 5,000.00 |
| Optimum Savings |
Php 30,000.00 (Personal) Php 50,000.00 (Business) |
Php 30,000.00 |
Php 30,000.00 (Personal) Php 50,000.00 (Business) |
| Junior Savers | Php 100.00 | Php 100.00 | Php 2,000.00 |
(1)MADB - Monthly Average Daily Balance
A more detailed product listing is available in all BDO branches.
Opening a BDO Account is easy!
| Accepted IDs for Account Opening* |
|
One (1) valid ID is acceptable if the ID is a Passport, Driver’s License, PRC ID, UMID, SSS ID, PhilySys ID or School ID (for minors).
Otherwise, please prepare at least two (2) valid IDs from the list. The chosen ID must be original and within their period of validity.
You may be asked to submit additional documents in compliance with bank regulatory requirements.
Deposits are insured by PDIC up to P500,000 per depositor.