Smart Checking

Settling your financial obligations can be simple and effortless with BDO.

BDO Smart Checking Account gives you the benefits of a Peso Checking Account while allowing your funds to earn interest. It comes with a BDO EMV Debit Card to give you access to ATMs.

You have the option to open an account with an Electronic Statement of Account (e-SOA) or a passbook. Both offer helpful ways in monitoring your transactions.

 

FEATURES Statement Passbook(5)
Minimum Initial Deposit

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Minimum MADB Requirement (1)

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Minimum Balance to Earn Interest

Php 15,000.00 (Personal)

Php 25,000.00 (Business)

Php 25,000.00 (Personal)

Php 50,000.00 (Business)

Gross Interest Rate Per Annum 0.25% 0.25%

(1) MADB – Monthly Average Daily Balance

 

FEES & CHARGES Statement Passbook
Account Closure (2) Php 300.00 Php 300.00
Falling Below Minimum Balance (3) Php 300.00 Php 500.00
Account Dormancy (4) Php 30.00(4) Php 30.00(4) 
Withholding Tax for Interest Earned 20% 20%
Checkbook

Php 250.00(6) (Personal)

Php 500.00(6) (Business)

Php 250.00(6) (Personal)

Php 500.00(6) (Business)

SPO Application/Filing Php 200.00 Php 200.00

(2) Account Closure Fee will be collected if account is closed within 30 days from account opening.
(3) Falling Below Minimum Balance Fee will be collected if account falls below the required minimum MADB for two consecutive months.
(4) Account Dormancy Fee will be collected if account is dormant and falls below the minimum MADB.

  • A checking account is dormant if it has no client-initiated activity for one (1) year.
  • Collection will start five (5) years after the last client-initiated activity date.
  • The revised collection and dormancy fee is effective April 25, 2017.
(5) New - as of August 15,2017.
(6) The revised Checkbook Fee is effective January 1, 2018.

 

How to Open an Account

Opening a deposit account with BDO is easy and stress free.

Learn More

 

BDO EMV Debit Card

The BDO EMV Debit Card is the perfect banking companion wherever you go.

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How to Enroll in Online Banking

Enroll in Online Banking in 3 easy steps.
 

Learn More

 

 

Member: PDIC. Maximum Deposit Insurance for Each Depositor P500,000.