• 10% Interest Savings Account

The main PSBank savings accounts in the Philippines

The PSBank ATM Savings account offers you the benefit of earning a fixed interest rate and the privilege of accessing your account anytime of the day via PSBank, Metrobank and BancNet ATMs nationwide as well as Mastercard ATMs worldwide. You can also experience hassle-free settlements of your utility and credit card bills or cashless shopping.

The three main regular type of savings accounts with PSBank are:

The PSBank Regular Passbook Savings account offers the benefit of earning a fixed interest rate and a convenient way to monitor transactions. Whether you are saving up for an investment, a special occasion, or an emergency fund, PSBank will make it simple and easy for you. Object Moved This document may be found here. Applying for a PSBank Savings Account. When you apply for an ATM savings account with PSBank, you get to enjoy the following perks and services: A very minimal account opening fee and maintaining balance of Php 2,000; An interest rate of 0.5000% per annum where interest crediting is done on a monthly basis.

PSBank ATM Savings
PSBank Regular Passbook Savings
PSBank Passbook with ATM

The PSBank ATM Savings requires a minimum maintaining balance of PhP2,000, otherwise a monthly fee of PhP300 will be charged.

The PSBank Regular Passbook Savings requires a minimum maintaining balance of PhP5,000, otherwise a monthly fee of PhP300 will be charged. To earn interest you need a minimum Daily Balance of PhP5,000.

The PSBank Passbook with ATM requires a minimum maintaining balance of PhP5,000, otherwise a monthly fee of PhP300 will be charged. To earn interest you need a minimum Daily Balance of PhP5,000.

For children there are the PSBank Kiddie and PSBank Teen Savings Account.

The PSBank Kiddie Savers Account is a savings account for children from 0-12 years old

The PSBank Teen Savers Account is for teens 13-18 years old.

Neither of these two childrens accounts require a maintaining balance, and the accounts earn interest regardless of the balance.

Source: www.psbank.com.ph

Having your personal savings account gives you a sense of security and convenience wherever you may be in the world. With the new technological and security account features offered by virtually every bank in the market today, it has become quite easy to perform personal and business to business transactions with simply the use of a debit or a credit card.

In the Philippines, one of the best savings banks in the market right now is PSBank. With over five decades of secure banking services and customer relations expertise, PSBank has rightfully earned its spot among the best in terms of savings and banking services. With currently having around 250 service branches and over 600 in-branch and off-branch ATM locations, PSBank has built on its expansive milestones and progressive products in the service of the Filipino people. If you would like to open a PSBank ATM savings account, here’s how:

Applying for a PSBank Savings Account

Applying for a PSBank ATM savings account entitles account holders to the following perks and services:

• At Php 2,000, you can easily open an ATM savings account. This is also the minimum maintaining balance to keep your account active.
• An annual interest rate of 0.5000% with monthly crediting.
• 24-hour banking services through any PSBank, Metrobank, BancNet, and Mastercard ATMs anywhere in the world.
• Pay your bills conveniently online or perform your payment transactions through any of PSBank’s service branches and PSBank’s extensive ATM network.
• Go cashless when you shop with any BancNet partner merchant stores.

Requirements:

• Any primary OR two (2) secondary valid IDs with recent ID picture and signature
  • Primary IDs:
    • Passport
    • PRC License
    • Driver’s License
    • Voter’s ID
    • Unified Multi-purpose ID (UMID)
    • Postal ID Card (PVC Plastic Card)
    • GSIS / SSS ID Card
    • Senior Citizen’s Card
  • Secondary IDs:
    • Tax Identification Number (TIN) Card
    • PhilHealth Insurance Card ng Bayan (PHICB)
    • Police Clearance
    • National Bureau of Investigation (NBI) Clearance
    • Barangay Certification/Clearance
    • City Health Card/Health Certificate Card
    • OFW ID
    • Seaman’s Book
    • Overseas Workers Welfare Administration (OWWA) ID
    • Company ID
  • The initial deposit fee of Php 2,000 for an ATM savings account
  • [Update] Tax Identification Number (TIN)

Procedures:

1. Visit the nearest PSBank service branch in your location. Be sure to have with you all the above listed account opening requirements on the day of your visit to the bank.
2. Inform the bank teller at the New Accounts section that you are going to apply for an ATM Savings account.
3. Once you have been provided with the necessary forms, completely fill them out and make sure that all the information you provide is true and accurate. Submit your application form and the required documents along with and initial deposit fee of Php 2,000 to the bank officer.
4. One your application has been reviewed, approved, and accepted in the system, you will be issued your personal ATM card and other account documents within the same day.

10% Interest Savings Account

Tip: Ask assistance from the bank officer as to how you can enroll your savings account thru PSBank’s Online and Mobile banking platforms for convenience and easier banking transactions, or if he/she can do it for you at the bank.