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