How to Add Another Account in Bpi Online
BPI easy saver savings account will let you have a savings account in BPI with just P150.00! Plus it doesn't have a maintaining balance. Whoa! It's a great deal for Pinoys who want to start saving their money.
It is a great option if you want to open a savings account with very low initial deposit and NO maintaining balance.
You heard it right kabayan! You don't need to worry about 'closed account due to not sufficient balance' because BPI easy saver does not require any single centavo maintaining balance.
All you need to know about BPI easy saver savings
This short article will share easy steps and requirements you need to know how to open a BPI easy saver savings account here in the Philippines.
Update: Easy Savers hold the 5 Pesos as a "maintaining balance" so you will see a discrepancy in your account, and if you withdraw everything in your ATM with an Easy Savers account, it will go to a negative balanced state which will close your account.
BPI easy saver savings account Requirements
- 2 valid IDs (original and photocopy)
- Billing statement – Latest Meralco or Maynilad bill will do(doesn't need to be under your name but address should be the same as your current address)
- 2 copies of 2×2 or 1×1 photos
- P150.00 initial deposit
*New requirement:
- TIN number (in earlier part of 2016, almost all establishments doing financial transactions ask to require TIN numbers from their clients/customers)
4 Easy steps to open BPI easy saver savings account
1. Go to the nearest BPI branch in your area. Tell the banker that you're going to open a BPI easy saver account.
2. Fill up the application form and submit all necessary requirements advised by the bank teller. Make sure to double check all the information.
3. The bank teller will process your application. Once done, they will give you your BPI easy saver ATM card.
4. Change the PIN of your BPI easy saver ATM and you're done!
You have now your BPI easy saver account. The P200.00 initial deposit will not immediately reflect on your balance. You can check that later on.
Benefits of BPI easy saver account
Here are some of the benefits you'll have when you open a BPI easy saver.
- Low initial deposit (P150.00)
- NO maintaining balance
- Works as a regular savings account
- ATM card (convenient to use anywhere)
- You can enroll in BPI online banking
Fees of BPI easy saver account
- P5.00 fee every withdraw from your account
- P100.00 fee for every over the counter withdrawal in BPI branch
- P1.75 fee for balance inquiry in non-BPI banks
- P15 fee when withdrawing to non-BPI ATM machines (same as other banks/ATM)
Update: Easy Savers hold the 5 Pesos as a "maintaining balance" so you will see a discrepancy in your account, and if you withdraw everything in your ATM with an Easy Savers account, it will go to a negative balanced state which will close your account.
Some FAQs about BPI easy saver
Can I enroll BPI easy saver account to BPI online banking?
Yes. You can follow the steps here.
Will my money earn interest in this account?
Yes. The required daily balance to earn interest is P1000 and the interest rate is 0.250% per annum.
Can I use this ATM card when shopping?
Yes. It works like a normal ATM card/debit card that can be used for accredited stores.
Can my family/friends abroad remit money thru this account?
Yes. My brother from UAE is sending money to my BPI easy saver.
Can I link it to Paypal?
Yes. But like other banks, there is a certain charge. If I'm not mistaken, it's P150 per transaction.
BPI Easy Saver Infographic
BPI easy saver Review and Conclusion
Based on personal experience, the BPI easy saver account is a good alternative. It can serve as your emergency fund savings account or can be your savings account itself.
I'm using my BPI easy saver for online transaction and it really helps a lot. This is our alternative aside from other BPI savings account I have which my company provided for our salary.
I can transfer money back and forth from this account to our other BPI account online and I'm not worried about maintaining any balance since it's not required. I also didn't experience any issue with my BPI easy saver account.
If you're looking for a savings account with NO maintaining balance and low initial deposit in a good and stable bank, BPI easy saver might be the best option for you.
Update: Easy Savers hold the 5 Pesos as a "maintaining balance" so you will see a discrepancy in your account, and if you withdraw everything in your ATM with an Easy Savers account, it will go to a negative balanced state which will close your account.
You may also like.
- BDO Savings account
- Regular BPI savings account
I hope this short article helped you. If you got any questions, please comment below and I will do my best to answer them using my experience with BPI easy saver account.
How to Add Another Account in Bpi Online
Source: https://www.thinkpesos.com/how-to-open-bpi-easy-saver-savings-account/
0 Response to "How to Add Another Account in Bpi Online"
Post a Comment