ATM Savings
A convenient way to save and access your money.
BDO ATM Savings Account offers the simplicity and convenience you need every single day. Enjoy the convenience of withdrawing cash and paying bills via ATMs, cashless shopping and dining, and secured fund transfer using BDO Online Banking facility.
| FEATURES | ||||
|---|---|---|---|---|
| Minimum Initial Deposit | Php 2,000.00 | |||
| Minimum MADB Requirement (1) | Php 2,000.00 | |||
| Minimum Balance to Earn Interest | Php 5,000.00 | |||
| Gross Interest Rate Per Annum | 0.125% | |||
(1) MADB - Monthly Average Daily Balance
| FEATURES | ||||
|---|---|---|---|---|
| Account Closure (2) | Php 300.00 | |||
| Falling Below Minimum Balance (3) | Php 300.00 | |||
| Account Dormancy (4) | Php 30.00 (4) | |||
| Withholding Tax for Interest Earned | 20% | |||
(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 savings account is dormant if it has no client-initiated activity for two (2) years.
- Collection will start five (5) years after the last client-initiated activity date.
- The revised collection and dormancy fee is effective April 25, 2017.
BDO EMV Debit Card
The BDO EMV Debit Card is the perfect banking companion wherever you go.
Deposits are insured by PDIC up to P500,000 per depositor.