Choose a country
Philippines
Select a city
Select a city
Additional Information
English (PH)
Select country
Choose a country
Philippines
Canada
España
México
Philippines
United States
Việt nam
Казахстан

City Savings Bank savings account for december 2022 in the Philippines

City Savings Bank
Open a savings account at City Savings Bank. On 03.12.2022 there are 1 options available to you.

Offers: 1

Updated:
20.10.2022
07:32
Savings account
Rating by Finanso®
i

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

from ₱3,000
Rate
i

Effective interest rate on the product

0.25% per annum
Open a savings account on favorable terms!
Open a savings account on favorable terms!

Use the system for selecting the most profitable savings account online!

Other types of savings accounts

How to open a savings account

Fill out your application
Fill out your application

On our website you can fill out a short application form for a savings account.

Send your application online to the suggested banks
Send your application online to the suggested banks

After the parameters being checked, you will be able to send your application to the appropriate companies.

Wait for a response from the bank
Wait for a response from the bank

If necessary, a bank specialist will contact you to clarify the details.

Open your account!
Open your account!

Sign the contract and open your account online or at the bank's branch.

Apply Your data is securely protected

BillEase
5
Albert T
Albert T
02.12.2022 at 09:25
The best interest – lower than other companies. I've been using Billease for 2 years, and want to say thanks. You may use it with no fear to pay for you smartphone or smth.
Review
TALA
2.6
Allan P
Allan P
01.12.2022 at 09:55
With Tala I forget about banks and offices. Everything is in mobile, I could control my money and loan. Choose limit. I just needed driving license and phone number to register account...
Review
BillEase
4.2
Marvin T
Marvin T
27.11.2022 at 13:25
Billease is for you when you need to buy a new gudget but can't afford it, you may pay by parts. And I don't even need a credit card...
Review
TALA
3.2
Joan T
Joan T
24.11.2022 at 19:07
Tala is an option if you need cash quickly. I urgently borrow money I needed. Downloaded the app, apply and it take 5 min to get my cash. App is essy, interface is comfy.
Review
BillEase
4.2
Evelyn M
Evelyn M
22.11.2022 at 10:10
Fast approval and great app. It is easy even for me and I'm not good with technology. I apply, approved and get my Php 2000 in 30 minutes.
Review
BillEase
3.2
Erwin P
Erwin P
17.11.2022 at 13:05
I decided to get a second loan, bigger one. But it takes me ages to apply. They already had my info and acc. Why so long? My sis says its the best lender… I dont know.
Review
City Savings Bank savings account for december 2022

You can keep your funds safe while still having access to it with a City Savings Bank savings account. Opening a savings account with the bank is easy and affordable, according to them.They require an opening balance of ₱3,000 and a maintaining balance of ₱3,000 To earn interest, you must have at least a balance of ₱3,000, and the interest rate per annum is 0.25%. There is also an option to have a passbook only, or an ATM card only, or both passbook and ATM card.

How to apply for a City Savings Bank savings account?

The City Savings Bank savings account can only be opened in person. You must ensure that you fulfill all qualifying conditions and that you have the required papers. Please, bring it to your nearest City Savings Bank branch and explain to a customer care representative that you are coming to apply for a savings banking account.

Requirements for the City Savings Bank savings account

You must fulfill all eligibility conditions and have the essential papers to be eligible for an account. They are listed below.:

For individuals

  • Have at least two valid government-issued identification cards.
  • Possess one signature card.
  • Have the account opening form, which must be obtained at any of the City Savings Bank branches.
  • Must accept the conditions and terms for an ATM card or a passbook.

For sole proprietorship

  • Have at least two valid government-issued identification cards that must have a proprietor or any authorized signatory on it.
  • Possess one signature card.
  • Have the account opening form, which must be obtained at any of the City Savings Bank branches.
  • Have a certificate of business name registration from the Department of Trade and Industry of the Philippines.
  • Have a mayor's permit.

  • Possess an application for business name registration with the Department of Trade and Industry of the Philippines, in case the certificate of registration has not yet been issued.

  • Have a current and notarized special power of attorney. This is applicable if another individual (other than the sole proprietor) is permitted to administer the business or sign on its behalf.

For partnership

  • Must be in possession of at least two genuine government-issued identity cards.
  • Required to have one signature card.
  • Must have an account opening form, which is available at any City Savings Bank branch.
  • Must have the articles or proof of co-partnership on hand.
  • Must have a certificate of registration of the articles of partnership obtained from the securities and exchange commission of the Philippines.
  • Must have a resolution of authorized signatures from the partnership.

Pros and cons of the City Savings Bank savings account

These honest perks and drawbacks will help you decide whether or not this is the right savings account for you.

Pros

  • The bank’s savings account interest rate is higher than so many competitors’.
  • The requirements are much lower than that of some competitors too.

Cons

  • The application is done only in-branch.
  • The bank offers just one savings account.

FAQ

When will my City Savings Bank account become inactive?

An account might be termed inactive after two years of no deposit or withdrawal activity.

What is the process for obtaining a copy of my City Savings Bank savings account statement?

To obtain a copy of your account statement, you can go to any City Savings Bank branch near you or reach them by phone or e-mail. You can also use your ATM card to view your transactions at any time and from any location.

How can I find out the balance of my City Savings Bank savings account?

You can check your balance at any local ATM, or even better, go to a CitySavings location near you.

Can I register a City Savings account if I live in a country other than the Philippines?

Yes. You can open an account if you are a Filipino citizen. However, keep in mind that the account must be used within two years or it will be considered inactive.