Passbook Savings

Enjoy the security of a passbook and earn fixed interest on your savings.

The BDO Peso Passbook Savings Account lets you enjoy the benefits of a typical interest-earning account with the security of a passbook. It encourages you to develop a good savings habit.

When you open an account, you are given the option to choose if you want a BDO EMV Debit Card for convenience in accessing ATMs or have the passbook alone.

 

FEATURES
Minimum Initial Deposit Php 5,000.00
Minimum MADB Requirement (1) Php 10,000.00
Minimum Balance to Earn Interest Php 10,000.00
Gross Interest Rate Per Annum  0.25%

(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.

How to Open an Account

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

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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.
 

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