Details about the BDO ATM Savings Account Features & Application
BDO OPTIMUM SAVINGS ACCOUNT – Here are the features of this BDO Unibank Savings account offer and a guide on how to open it online.
The BDO Unibank has several types of savings account offers. If you want an account that can help speed up the growth of your savings, you can check its Optimum Savings account offer below.
BDO Optimum Savings Account
This loan offer is crafted for those who want to save money for big steps – buying a car, getting a house, preparation for the future, etc. Under it, the tiered interest rate will help grow your money faster. The required minimum initial deposit, MADB requirement, and balance to earn interest depends on the type of account you wish to open:
PERSONAL ACCOUNT:
- Minimum Initial Deposit – ₱30,000
- Minimum MADB Requirement – ₱30,000
- Minimum Balance to Earn Interest – ₱30,000
BUSINESS ACCOUNT:
- Minimum Initial Deposit – ₱50,000
- Minimum MADB Requirement – ₱50,000
- Minimum Balance to Earn Interest – ₱50,000
FEES AND CHARGES:
- Account Closure – ₱300.00
- Falling Below Minimum Balance – ₱300.00
- Account Dormancy – ₱30
- Withholding Tax for Interest Earned – 20%
- In excess of 3 client-initiated withdrawal/debit transaction per month (per excess transaction) – ₱110
How to Open BDO Optimum Savings Account?
Step 1 – Fill out the online forms. Visit the website of BDO Unibank and fill out the online forms to start your application to open this type of account.
Step 2 – Upload a photo of your two (2) valid IDs, signature, and yourself holding a valid ID. You may choose from the following:
- Passport
- Unified Multi-purpose ID (UMID)
- LTO Driver’s License
- Government Service and Insurance System (GSIS) e-Card
- Tax Identification Number (TIN)
- Philippine Identification System (PhilSys) ID
- New Social Security System (SSS) ID
- Senior Citizen ID
- PhilHealth Card
- Philippine Postal ID
- Voter’s ID
- Professional Regulations Commission (PRC) ID
Step 3 – Meet a BDO representative via Zoom video call for account opening evaluation.
Step 4 – Make your initial deposit online or at the branch.
The opening of BDO account may take just ten (10) to twenty (20) minutes. The bank will inform you when to claim your passbook.
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