Guide on BPI Jumpstart Savings Account Eligibility Requirements
BPI JUMPSTART SAVINGS ACCOUNT – Here is a guide on the eligibility requirements set by the Bank of the Philippine Islands (BPI) in applying for it.
One of the best things to teach your kids while growing up is saving money. It may not do much while they are young but it can really impact their lives when they start to work or earn on their own.
If a kid knows how to save money, he or she will realize both its value and as well as the benefits of having something to turn to when financial emergencies take place.
You can teach your kid through a piggy bank but there is another excellent way to do it – through a savings account. If if reaches the amount required by the bank, it may grow through interest while it is being kept.
The Bank of the Philippine Islands or more commonly called as BPI is one of those that offer a savings account for kids. It is the BPI Jumpstart Savings Account.
Who are eligible to apply for the BPI Jumpstart Savings Account?
According to BPI, this savings account offer is open for teenagers between 10 to 17 years of age. It comes with excellent features such as the following:
- protected minimum balance not withdrawable by the child
- access for mobile phone reload through your account
- allows money or allowance transfer
To apply, you may visit the branch of BPI nearest to you. Prepare valid identification cards (IDs) of your child.
Thank you for visiting our website. We hope we have helped you with regards to the requirements you need to prepare in opening a savings account in the Bank of the Philippine Islands.
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