Details about the BPI Pamana Savings Account
BPI PAMANA SAVINGS ACCOUNT – Here is a guide for the clients of the Bank of the Philippine Islands on its features and benefits.
Are you one of the overseas Filipino workers (OFWs) who wish to start saving for your family’s future? Or you might be one of the family members of an OFW who wish the same thing? For such pursuit, one of the banks that you may turn to is the Bank of the Philippine Islands or more popularly called BPI.
The Bank of the Philippine Islands is one of the most popular and trusted banking entities in the country. When it comes to savings accounts, it has several offers including the BPI Pamana Savings account.
The BPI Pamana Savings Account is a card-based or passbook savings account with insurance offers for the account-holders. Here are the features of this savings account offer:
- Required Initial Deposit — Php 25,000
- Required minimum monthly ADB — Php 25,000
- Required daily balance to earn interest — Php 25,000
- Interest rate per annum — Php 0.0625%
Interest on funds. You can earn interest on your savings in your BPI Pamana savings account.
Free life insurance. Under this BPI savings account offer, you will get a free life insurance that is worth 3x your average account balance up to P2 million. There is no premium payment and medical check-ups required.
Flexible access. You can use your debit card to access BPI’s 24/7 banking channels.
If you are interested to open a Pamana Savings account, worry no more as you can do it online. You save not just time but as well as money and energy. Here are the steps on how to open an account online:
1. Select “Open a New Account.”
2. Tap “Open another deposit account.”
3. Tap “Open account now.”
4. Choose “PHP” as currency.
5. Choose “Pamana Savings.”
6. Read and agree to the terms and conditions.
7. Tap “ Confirm.”
8. You may now fund you Pamana Savings account.
Aside from savings accounts, the Bank of the Philippine Islands (BPI) also offer loans. These offers are open for both locally-employed and self-employed individuals. Here are the loans offered by the bank: