Guide on BPI Savings Account Features & Application
BPI SAVINGS ACCOUNT – You can check here the features of the savings account of the Bank of the Philippine Islands and how to apply for it.
Are you one of the people who want to save your money in a bank savings account? Undeniably, more and more people nowadays realize the benefits of keeping your money in a bank than putting them in your wallet where it may not earn an interest.
Saving money in a bank is also a preference of a lot of individuals who are not ready to risk their hard-earned money on businesses and investments. They would rather have it earning an interest than with the possibility of instantly growing big but also the risk of losing them all.
In the country, one of the entities that you may turn to for a savings account is the Bank of the Philippine Islands.
More popularly called BPI, the Bank of the Philippine Islands is one of the most popular banking entities in the country. The bank has several branches across the nation thus its offers are really accessible to the public.
BPI got different bank account offers, BPI credit cards, BPI loans, and a lot more finance products and servings. With regards to your saving money pursuit, you can have the BPI Savings Account that comes with several benefits.
Through its savings account offer, you can secure, manage, and grow your money conveniently.
- Online banking convenience — you can do your banking transactions anywhere you are, you can also keep track of your savings online as well as the in and out of your money
- earn from your savings — enjoy a bonus of 0.125% per annum if there is no bank withdrawal made within the month
In this article, let us talk about the Regular BPI Savings Account. Here are its important features:
- Required initial deposit — Php 3,000
- Required minimum monthly ADB — Php 3,000
- Required daily balance to earn interest — Php 5,000
- Interest rate per annum — 0.0625 %
To open a BPI savings account, you may visit a branch of the bank personally with at least two (2) valid IDs or you may also do it online. Here are the steps if you want an online account opening to BPI:
1. Download the BPI Online app;
2. Tap “Open a New Account”.
3. Tap “Open another deposit account”.
4. Tap “Open account now”.
5. Choose “PHP” as currency.
6. Choose “Regular Savings with Debit Card”.
7. Read and agree to the terms and conditions.
8. Tap “ Confirm”.
9. You may now fund your Regular Savings account.