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