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

PSBank savings account for december 2022 in the Philippines

PSBank
Open a savings account at PSBank. On 03.12.2022 there are 5 options available to you.

Offers: 5

Updated:
19.10.2022
09:22
Peso OFW ATM savings
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 ₱5,000
USD passbook savings
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 $500
Peso passbook savings
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 ₱10,000
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!

Peso personal ATM savings
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 ₱5,000
Kiddie and teen savings
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 ₱2,000

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
PSBank savings account for december 2022

With a PSBank savings account, you can keep your money secure while still having access to it when needed.

Types of PSBank savings account

The bank has five different savings accounts, they are:

  • PSBank kiddie and teen savings. Your kids can start saving a little with PSBank kiddie and teen savings because these accounts do not need an initial deposit or a minimum level to maintain. Aside from the safety of banking with PSBank, your kids are also secured by AXA Philippines' free private accident insurance. Your youngster might receive insurance coverage worth five times their estimated average balance. The PSBank kiddie savings account is for children aged 0 to 12, while the PSBank teen savings account is for adolescents aged 13 to 17. For each of your kids, you may create an in-trust-for (ITF) bank account, a joint account, or a personal account with PSBank. The average everyday balance required to earn interest is ₱2,000.
  • PSBank peso personal ATM savings. The PSBank peso personal ATM savings account allows you to earn a set interest rate and manage your account at any time of day through PSBank, Metrobank, and BancNet ATMs countrywide, as well as Mastercard ATMs abroad. You can also utilize BancNet's electronic payment capability to pay your utility and credit card bills and do cashless shopping. Register for an account at any location, and you'll receive your customized, ready-to-use ATM card right away. There is no need to return to the branch to obtain your ATM card. The minimum maintenance amount is ₱2,000, with an average daily balance of ₱5,000 required to generate interest.
  • PSBank peso passbook savings. This account provides a set interest rate as well as an easy tool to track transactions. Saving for an investment, a particular event, or an emergency fund is all possible with the Peso passbook savings account. Complete their account opening papers and produce at least two good picture IDs. You can create an account and actually earn interest on your savings with a minimum daily balance of ₱5,000. They have designated a spot on the passbook where you can record data of your transactions in order to monitor your account conveniently. To earn interest, this account must have an average daily balance of ₱10,000.
  • PSBank USD passbook savings. This bank account is a US dollar-denominated savings account that allows you to build your money while also providing you with the comfort of a conventional passbook for easy transaction tracking. To earn interest, you must have a minimum deposit of $500 and an average daily balance of $500.
  • PSBank peso OFW ATM savings. This savings account pays a set rate of interest and requires no initial investment. It includes a customized and ready-to-use ATM card, which you may acquire immediately when creating an account. This allows you to bank at any time of day or night using PSBank, Metrobank, and BancNet ATMs statewide and Mastercard ATMs globally. You can also withdraw cash from any PSBank branch, pay your utility bills without trouble, and undertake cashless purchasing at any BancNet-affiliated institution. The minimum necessary maintenance amount is ₱1,000, with an average daily balance of ₱5,000 required to generate interest.

How to apply for the PSBank savings accounts?

Application is only made offline at any PSBank branch. Visit the premises, go to the customer service unit and tell them the exact savings account you are interested in opening. Do not forget to go with the minimum requirements for the account. Depending on the time you arrive at the bank, the account can be ready in a day.

Requirements

Below are the required documents to open a savings account with the bank:

  • Completed bank documents, including individual customer information sheets (CIS), signature cards, signing instructions, and confirmation of receipt forms.
  • At least one valid/acceptable ID with picture and signature; a list of valid government-issued IDs is provided below:

    • SSS ID card

    • GSIS ID card

    • PRC ID card

    • Driver's license

    • OWWA or OFW e-card

    • PWD ID card

    • Voter’s ID

    • Resident retiree's VISA or SRRV ID card

    • Philippines national ID

Pros and cons

Before applying for a PSBank savings account, consider the following honest pros and cons.

Pros

  • There are several savings bank accounts available to choose from.
  • The interest rate is better compared to competitors.

Cons

  • The only foreign account by the bank is the US dollar savings account.
  • The application is only made in-branch, which may be a bit stressful.

FAQ

How do I receive a copy of my PSBank savings account statement?

To obtain a copy of your account statement, you can go to any PSBank branch near you or communicate directly with them by phone or e-mail. Download the PSBank app and sign in to view your transactions anytime and wherever you choose.

What alternatives do I have for monitoring the amount of my PSBank savings account?

Download the PSBank app to control your accounts while on the go. You can also check your account balance at an ATM close to you.