BDO Junior Savers

BDO Junior Savers is the best way to teach your child how to save.

Children ages 0-12 can open an account for a low as Php 100.00 initial deposit and get a free Junior Savers ID Card!

Kids 7-12 years old may opt to get an ATM Debit Card instead of Junior Savers ID Card.

Auto-transfer funds from your existing Savings Account to your child's Junior Savers Account.

>>>  https://www.bdo.com.ph/personal/accounts/peso-savings-account/junior-savers

FEATURES

Initial deposit requirement	Php 100.00
Minimum monthly ADB requirement	Php 100.00
Minimum balance to earn interest	Php 2,000.00
Interest rate per annum	0.25%

SERVICE FEES & CHARGES

Account closure within 30 days	Php 300.00
Below minimum balance	Php 300.00
Withholding tax for interest earned	20%

           
                 REQUIREMENTS: 

A. If account will be under the name of the child. (for ages 7-12 years old only)

      • Present any of the following: (Original copies must be presented for

         verification)

           1. Passport

           2. School ID signed by the principal/school head

           3. Birth Certificate issued by Local Civil Registry or NSO

B. If account will be under the name of the parent/guardian (parental account).

      • Present the following IDs/documents: (Original copies must be

         presented for verification)

          1. At least two (2) IDs of the parent/guardian

          2. Any of the child's ID/document as indicated in above item numbers

              A.1-A.3

          3. Adoption papers - applicable if the account is to be opened by the

              Adoptive Parent

          4. Guardianship documents - applicable if the account to be opened

              is by the Legal Guardian

Note:

For kids below 7 years old, the account is required to be a parental account.

Kids 7-12 years old may also choose to open a parental account. (By or ITF account)

VISIT> https://www.bdo.com.ph/personal/accounts/peso-savings-account/junior-savers

BDO Prime Savers

Enjoy a savings account that gives you priority in servicing your transactions and special forex rates. Available to individuals who are at least 60 years old.

Prime Savers   FEATURES

Initial deposit requirement	PHP 2,000.00
Minimum monthly ADB requirement	PHP 2,000.00
Minimum balance to earn interest	PHP 5,000.00
Interest rate per annum	0.25%

Prime Savers SERVICE FEES & CHARGES

Account closure within 30 days	Php 300.00
Below minimum balance	Php 300.00
Withholding tax for interest earned	20%

For more information, please feel free to call  BDO Customer Contact Center at 631-8000 or visit your preferred BDO

 Branch. 

Visit >>>   https://www.bdo.com.ph/personal/accounts/peso-savings-account/prime-savers

What is the BDO Cash Card?

A BDO Cash Card is a re-loadable prepaid electronic debit card.  Without having to open a deposit account, you can enjoy the security and convenience of an ATM card - withdraw money and pay for shopping.

What are the types of BDO Cash Card?

There are three types of BDO Cash Card:

Retail Pre-Embossed Cash Card

Retail Embossed Cash Card

Corporate Embossed Cash Card

How do you reload a BDO Cash Card?

Go to the nearest BDO branch, fill out the card sale/reload slipVia ATM, Internet Banking, Mobile Internet Banking, Phone Banking or Mobile Banking

What is the maximum balance limit for each BDO Cash Card type?

 Pre-Embossed - P10,000

Retail Embossed - P25,000

Corporate Embossed - P100,000

What are the minimum and maximum 

 reloading amounts for BDO Cash Card?

 Minimum - P100

 Maximum - Amount that will not exceed the balance

 limit of the card depending on its type.

 How can I avail a BDO Cash Card?

 Simply go to the branch and apply for the BDO Cash Card

How to open BDO PASSBOOK savings account ?

Requirements:

• 2 valid IDs and photocopy of them
• Billing statements (to verify your billing address)
• 2 copies of 1×1 photo
• *New requirement:
• TIN number (in earlier part of 2016, almost all establishments doing financial transactions ask to require TIN numbers from their clients/customers
• (*Billing statements doesn’t need to be in your name, as long as it is the same address with the address that you’re going to use)

Procedures in opening savings account in BDO.

1. Go to the nearest BDO branch in your area.

2. Advise the officer in charge that you want to open a savings account. Fill out the application form. Make sure you double check all the information before you submit. You will also provide three (3) identical signature specimens.

3. Provide the initial deposit requirement.

Php5,000 – for BDO Passbook savings account

4. Wait atleast a day or 2 to have your account activated. You may claim you ATM or Passbook kit after 5-7 banking days. You may also ask the teller.

5. They may also ask you or you can ask them to enroll your account to their online and phone banking feature. It has many advantage and very convenience if activated online.

That’s it! You now have the information on how you can open your BDO savings account. Once you have it, you can enroll your account to BDO online banking.

HOW TO OPEN A BDO ATM SAVINGS ACCOUNT?

HOW TO OPEN A BDO ATM             Savings Account?

   

REQUIREMENTS: 

Here are the requirements to open a Savings Account at any BDO branch:

1. Must be physically present at the time of account opening

2. Proof Of Billing

3. Minimum Initial Deposit

4. Monthly Average Daily Balance (MADB)

5. Present the original and submit a clear photocopy of at least two (2) unexpired valid identification

documents duly-issued and signed by an official authority, bearing the client's signature, and at least one (1) of which bearing the client's photograph.

You can present any of the following valid IDs:
a. Passport
b. Driver’s License issued by Land Transportation Office (LTO)
c. Tax Identification number (TIN) ID
d. New Social Security System (SSS) ID
e. Government Service and Insurance System (GSIS) eCard
f. Philhealth Card (digitized)
g. Professional Regulations Commission (PRC) ID).

Step-by-Step Procedure in Opening a BDO Savings Account

1. You need to personally go to the nearest  BDO branch in your place and bring the requirements with you.

2. Ask the teller to give you the APPLICATION FORM for opening a savings account. Fill out all the blanks spaces that are necessary to be filled out. Double check or even triple check everything before passing it on to the bank teller.

3. Provide the required initial deposit:

• P2,000 (BDO ATM Savings Account)

4. You need to wait for 1 to 2 days for your account to be activated. Claiming your ATM will take around a week before you can get it. Based on my experience usually, you can claim it after 5-7 banking days. You can always ask the bank teller if you got inquiries.

5. Right after applying for your savings account and get activated, enroll your account to online and phone banking feature. This is just optional but with the trend today, online transactions are very much common. Enabling your card with mobile and online banking features is becoming a primary thing.