Optimum Savings

Maximize our high interest rates and get the best out of your savings.

Saving more money today is the key to achieving financial freedom faster. BDO’s Optimum Savings Account gives you increasingly higher interest rates as you deposit additional money. You may withdraw/debit from your account, free of charge up to 3 times a month.

When you need your savings to fulfill your life’s goals, BDO will make sure you get the maximum interest for your hard-earned money.

FEATURES Personal Business
Minimum Initial Deposit Php 30,000.00 Php 50,000.00
Minimum MADB Requirement (1) Php 30,000.00 Php 50,000.00
Minimum Balance to Earn Interest Php 30,000.00 Php 50,000.00
Gross Interest Rate Per Annum Please call or visit your preferred BDO Branch for the latest interest rates.

(1) MADB – Monthly Average Daily Balance


FEES AND CHARGES Personal Business
Account Closure (2) Php 300.00 Php 300.00
Falling Below Minimum Balance (3) Php 300.00 Php 300.00
Account Dormancy (4) Php 30.00 (4) Php 30.00 (4)
Withholding Tax for Interest Earned 20% 20%
In excess of 3 client-initiated withdrawal/debit transaction per month (per excess transaction) Php 110.00 Php 110.00

(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 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 Debit Card

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

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BDO Digital Banking

Sign up to access your account anytime, anywhere.

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Here’s how to open a Passbook Savings account online:





Basic debit cards can be picked up at any BDO branch on the same day that you receive an email confirmation that your account is opened.


Personalized debit cards can be picked up at your chosen BDO branch in 3 to 5 banking days (Metro Manila) or in 2 to 3 weeks (Provinces) after you receive the email confirmation that your account is opened.


NOTE: You may be asked to submit additional documents at the BDO branch after further evaluation.

Accepted IDs for Account Opening
  1. Passport (with English characters)
  2. Driver's License issued by LTO
  3. Professional Regulations Commission (PRC) ID
  4. Unified Multi- Purpose ID (UMID)
  5. Social Security System (SSS) ID
  6. Philippine Identification System (PhilSys) ID
  7. School ID (for minors)
  8. NBI Clearance
  9. PNP Clearance with dry seal
  10. Philippine Postal ID
  11. Voter's ID
  12. Tax Identification Number (TIN) ID
  13. Barangay Certification with dry seal
  14. Government Service and Insurance System (GSIS) ID
  15. PhilHealth ID
  16. Senior Citizen ID
  17. Overseas Workers Welfare Administration (OWWA) ID
  18. Overseas Filipino Workers (OFW) ID
  19. Seaman's Book
  20. Government Office and GOCC ID (e.g. AFP, HDMF)
  21. Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
  22. Person with Disability (PWD) ID issued by National Council on Disability Affairs (NCDA)
  23. DSWD Certification
  24. Integrated Bar of the Philippines (IBP) ID
  25. Company IDs issued by private entities registered with or supervised or regulated either by BSP, SEC or IC
  26. Maritime Industry Authority  (MARINA) ID


*One (1) valid ID is acceptable if the ID is a Passport, Driver’s License, PRC ID, UMID, SSS ID, PhilySys ID or School ID (for minors).

Otherwise, please prepare at least two (2) valid IDs from the list. The chosen ID must be original and within their period of validity.