BDO Peso Savings Account Initial Deposit and Maintaining Balance

Banco de Oro (BDO) is one of the famous banks in the Philippines with many branches spread all over the country. It is a part of SM group of companies.

BDO was a recipient of various local and international awards and recognitions related to banking and finance. It has plenty of products and service caters for its customers such as savings account, credit cards, UITF, checking account, loans, remittance services, insurance, wealth management and Internet banking.

If you are planning to open an account in BDO, you can see the initial deposit and maintaining balance requirements per each type of savings account.

Account Type

Minimum Initial Deposit Minimum MADB* Requirement Minimum Balance to Earn Interest Service Charge for Falling Below Minimum MADB Requirement Dormancy

Fee

Peso Passbook Savings Account (with or without ATM) Php 10,000.00 Php 5,000.00 Php 5,000.00 Php 200.00 Php 200.00
Peso ATM (without passbook) Php 2,000.000 Php 2,000.00 Php 5,000.00 Php 200.00 Php 200.00
Kabayan Peso Savings Account Php 50.00 0.00 Php 5,000.00 N/A Php 200.00
Peso Savings Account Payroll Php 100.00 0.00 Php 5,000.00 N/A Php 200.000
Junior Savers Club Php 500.00 Php 100.00 Php 500.00 Php 200.00 Php 200.00
Power Teens Club Php 2,000.00 Php 2,000.00 Php 2,000.00 Php 200.00 Php 200.00
Club 60 Peso Php 5,000.00 Php 5,000.00 Php 5,000.00 Php 200.00 Php 200.00
Direct Deposit Peso Savings Account Php 0.00 Php 0.00 Php 5,000.00 N/A Php 200.00
Smart Guarantor Php 60,000.00 Php 5,000.00 Php 5,000.00 Php 200.00 Php 200.00
Optimum Savings Account – Personal Php 30,000.00 Php 30,000.00 Php 30,000.00 Php 200.00 Php 200.00
Optimum Savings Account-Commercial Php 50,000.00 Php 50,000.00 Php 50,000.00 Php 200.00 Php 200.00
Super Savings Php 100,000.00 Php 100,000.00 Php 100,000.00 Php 200.00 Php 200.00
Super Savings – ATF Php 100,000.00 Php 100,000.00 Php 100,000.00 Php 200.00 Php 200.00

 

BDO can be one good choice when applying for a savings account since it has plenty of branches around the Philippines and they have longer banking hours compared with other banks. In addition, you can also see it all SM malls making it very accessible for customers like you.

19 thoughts on “BDO Peso Savings Account Initial Deposit and Maintaining Balance

  1. hi . i want to open an account for myself .i am a 20 year old girl .would you mind telling me about the Direct Deposit Peso Savings Account or Peso Savings Account Payroll please . thank you .

    • Hi Erma,

      Definitely, you can withdraw your initial deposit but you should add money in the future to make it above the maintaining balance.

  2. hello.good day po..ang alam ko po kelangan ng to valid id.pero isa lng po ang valid id ko pero meron po akong nbi..pwd napo ba un..mag oopen po kc ako account sa inyo kaso i just have 1 valid id

  3. how long would it take for one to be penalize if below maintaining balance. is it as soon as u gone below maintaining balance or after some days?

  4. I have a BDO $ account with 700 dollars in it. I only deposit 100 dollars once a year. Is that enough? My friend told me to up the savings or the bank will close it???? Dat true???

  5. Hi,

    Just wanted to inquire what’s the requirement for joint account.. Me and my FiancĂ© want to open one, thanks!

  6. little advice to please update your system.. i went to bdo just to inquire about opening an account.. as you said here the initial deposit and maintaining balance is 5,000 pesos and now its already 10,000 pesos. i was shocked because i thought its only 5,000 php. Anyway thank you, . God bless.

  7. Hi ask ko lang po,pwedi ko rin po bang gawing savings ung kabayan passbook ko? I mean pwedi po ba akong mag deposit sa kabayan passbook ko as my savings? Hope a positive response from u…thanks

  8. Hi, I’m just 15 years old. Turning 16 this year. And I want to open a Power Teen Club Savings Account. Can I ask? How much is the minimum deposit will I give? I don’t mean the 2,000 but the minimum deposit. Thanks

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