These days many people are looking for a savings account with low initial deposit and no or very low maintaining balance. That’s why there are several banks respond to these needs of the people. One savings account that I would like to mentioned here is about the BPI Easy Saver account.
It is a new deposit product of BPI that can be opened by all people who want to start to save in the bank or simply just like to have a savings account of their own. It is similar with other savings account that BPI offers but there are some great features that you can find here and not in other SA.
Features of BPI Easy Saver Account
BPI Easy Saver is very good for students and people who are not employed in a company but want to get a savings account. When opening this type of account, the applicant should deposit a P200 initial balance for their account.
However, you also need to pay an additional fee of P50 for the ATM card. So all-in-all, the total amount of money you need to open easy saver account is P250. I think it is not that big amount making it more accessible or available for low salaried and common people.
Another best feature of this account is that it has no maintaining balance and your account will not be charge of any fee regardless of the balance it has. Unlike many savings accounts of BPI and other banks, you have to maintain a balance so that your account will not be charged of falling below the maintaining balance.
Fees of BPI Easy Saver Account
However, there are also downsides for this type of account. First, for every withdrawals to BPI ATM, you will be charged P5 for every withdrawal. When you withdraw to other banks’ ATM, a higher fee will be charged to you. In addition, when you withdraw your money in the bank’s teller, a P100 fee will be charged so it is better to get an ATM card.
You can use BPI Easy Saver for paying groceries in the supermarket, mart or drugstores like Mercury Drug. You can also enroll this account to BPI online banking so you can check your balance via the Internet. The fees or charges for other customer-initiated debits such as over-the-counter transactions (OTC), EPS, and/or 24/7 banking channels will be charged P5.
How to Apply for BPI Easy Saver Account
Basically, the application is simple and easy. First, you have to gather all requirements before visiting a BPI branch. Click here to learn the valid IDs that you can use for applying a savings account.
Once you have the ID and enough money (around P250), you can go to the nearest branch to apply in-person. There are several application forms and signature cards that you need to fill out and submit to the bank officer in-charge of new application.
After few days, you can get your ATM card if your application is approved. You have to ask the bank employee the date when can you pick-up the card.
BPI Easy Saver account has low initial deposit and no maintaining balance making it suitable for students and people who want to get a savings account but have no or low income. It is easy to apply for this type of account by visiting a branch nearest your area.
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{ 64 comments… read them below or add one }
I have not deposited or withdrawn from my Easy Saver account for about 6 months already. Is it still active?
Hi, I think it is still active since it has no maintaining balance requirement. If you have the ATM card, you can check it at any BPI ATM.
does EASY SAVER ACCOUNT accept CHEQUE DEPOSIT from the other banks??? thank u!
Hi enzo,
yes it can accept check deposit from other banks because it is also a bank account.
Hi can my sister deposit money in my easy saver account? She’s in the US?
Hi Yhen,
Definitely, she can do it.
Good day po, newbie lang po sa ganito, tanong ko lang po kung pede po ba itong BPI Easy Saver Account sa 17 years old na tulad ko?
at kung kagaya po ba sya ng Jumstart savings ng BPI na pede mag-shop even without carrying cash at over BPI Express Payment System stores? Kung oo may bayad din b? thanks in advanced po!
Hi tope,
Yes pede yan sa ‘yo. I think pwede rin sya as BPI EPS. You only need to deposit an initial deposit of P250.
I’m thinking of selling some things online through multiply. I’d really prefer transactions through bank account, would you suggest BPI Easy Savers or is there any other type of account that is suitable?
Hi Yard,
Yes, I think there’s no problem with BPI Easy Saver account, you can use it as a bank account.
may charge din po ba pag mag balance inquiry ka sa bpi atm using easy saver card?? mag kanu po??
@Richard,
I know it’s free if you use BPI ATM. However, if you use other bank’s ATM, there’s a charge.
hi !! nag papalano ko mag open sa easy saver account kase no maintenance ballance, and ok na din and 5 pesos na kaltas when you widraw.. compare naman sa 300 pesos na babawas sayo kada buwa… maganda sya compare to my old bank always they took 300 pesos kase below ako lage,,so..sayang sya diba? pero aksed ko lang din and easy saver ba pwede i swip when im going to shop! tnx.
@mahlen,
Yes you can use it as payment method (BPI EPS) when shopping. Your baby can have an account in her/his name but you still furnish the requirements..like your ID, birth cert., proof of billing..
hello, ask lang po sana kung may interest po ba pag nag deposit ako at magkano po if P5,000 ang dineposit ko??
Hi Jana,
Yes there’s an interest when you deposited P5,000. The normal interest is 0.25%. So for P5,000, the interest would be P12.50 in one year.
just wanna ask if i can convert my old payroll atm card into savings account? and if ever i want to open an account w/ bpi globe banko,can i deposit w/ any bpi bank or just w/ bpi globe banko?
thanks!
Hi Sasa,
Yes you can deposit to any BPI bank since it is also BPI partner bank.
Hi, magkano po maximum deposit for bpi easy saver?
Hi Rosalie,
No maximum deposit, as much as you want.
tanung lang po ulit hindi po ba pwede magdiposit sa ibang bpi branch kasi nung nasa q.c ako at nagpunta ako sa bpi dun hndi ako makakuha ng number para makapag diposit my nagpop up ng error ata un sa machine nakalagay BD00000 hndi ako pagproced kaylangan ba kung san ako nagregister na branch dun lang ako magdedeposit??
hi! tanong ko lang if paano ko makukuha ung atm card ko for the easy saver account? nagfile ako ng application, i think, last month (october) then i presented my company id and other id like alumni id, philhealth id, tin id, school id(just to support the other IDs that i have)..then tinawagan ng bpi ang employer ko pero sabi ng employer sa bpi hindi daw nila binibigay ang infos about s employees nila..so paano maapprove ung application ko for the easy saver account? i also paid the 250php for the initial deposit and atm card..hinihintay ko din n tawagan ako ng bpi pero wala parin calls from bpi..
thanks!=)
Hi Chzarina,
I suggest you go directly to the bank because you have already completed the process of application. You should get your ATM card after 3-5 days.
hi ask ko lang kung may service charge ba yan every month? na kapag open na ako ng bpi globe banko pero masyadong malaki ang withdrawal fee. ask ko lang din yung maximum withdrawal amount per transaction?maximum withdrawal transaction per day?
ask ko lang po, i’m 18 years old and currently studying. ano po ba ang mga initial requirements ng easy savers for students like me?
Hi Krizzha,
Only one photo bearing ID, billing statement and initial deposit of P250.
Pwede rin bang decit card to? Thanks in advance!
Hi K.
Yup it can be used as debit card.
gud pm,,ask ko lang kung pwede aq mag apply kung nakalagay s valid id q cainta rizal ang address pero dto n q nakatira s nueva ecija…kaya ung proof of billing q nakapangalan s biyenan q..at address ng proof of billing dito n s nueva ecija..pwede po b un?pls..help me..thanks..!!
Hi Marivic,
Yes you can use that as long as you are living there in NE. you can just explain to the bank employee.
Hi! Can I ask if I can use my school ID to apply for BPI Easy Savers?? Also, what kind of billing statement is needed?? Can you give examples? Thank you!
Hi Steph,
Yes you can use your schoold ID, billing statement like Meralco bill of your house.
good day! maganda sya, kasi pwede sa mga student na kahit minor like me. may account na po ako nyan. di palang po ako nakakapagdeposit. may minimum deposit po ba para sa easy saver? atsaka magkano rin po ang minimum na pwedeng i-withdraw? salamat po!
Hi Argel,
I know the minimum withdrawal is P500, I’m not sure about the minimum deposit, maybe P100.
Hi! Pwede ba gamitin itong easy saver para makagamit ako ng Online Banking ng BPI? hehe. I’m after kasi sa mutual fund investment eh saka iba pang investment funds hehe…
Hi Lawrence,
Yes you can use BPI easy saver account to apple for BPI express online.
Can i enroll this savers accountsa BPI expressonline so i can do internet banking as well like their regular accounts? do fund transfer and fund cash cards or myprepaid cards?
Hi Angel,
Definitely you can use it to enroll for BPI expresonline. You can make fund transfers to your prepaid cards if you have online banking.
Iinquire lang po sana ako. About po sa billing statement. Okay lang po ba kahit hindi nakapangalan sa akin yung billing statement kasi im only a student. Thank you po:)
Hi Nics,
Yes you can use billing statement of your relatives. I think there would be no problem about it.
Pwede po ba ito sa 7 months baby ko
Hi Lorena,
Yes you can apply for it for your baby. The bank will need her birth certificate and your ID and billing statement.
ask ko lng kung pede tin id card since wala akong ibang id listed http://learninterestrates.com/list-of-valid-id-for-opening-a-bank-savings-account-in-the-philippines/ voters id lng meron ako pde b ung sa tin id card or philhealth card?
Hi,
You can use your voter’s ID, in my knowledge only one valid ID is needed when applying for an account.
Ask ko lang po kse nagcheck ako ng balance gmt ung atm q na esavers sbe no account how come po?
Hi Maricar,
Maybe you choose the “Current Account”. You should choose the “Savings Account” because you said you can still use your ATM.
Hi! I just want to know if I could use my easy savers account for internet banking? like deposit money to other bpi user pero online transaction. thanks.
Hi Jam,
Definitely, you can use BPI easy saver account for online banking but if you want to deposit money, you need to go to your branch or any BPI ATM that accept cash deposit.
Pwede po ba mag deposit ng dollar sa BPI Easy saver?
Hi Erick,
I think BPI Easy Saver is only for pesos but you can use it for remittance.
ano po mga requirements pag magpapaopen ng account EASY SAVER? im only student 16 yrs old, pwede po bang SCHHOL ID and 1×1 picture. pwede po ba ung assessment form namin sa school? ty po
ano po mga requirements pag magpapaopen ng account EASY SAVER? im only student 16 yrs old, SCHoOL ID and 1×1 picture. sa billing statement pwede po ba ung assessment form namin sa school? ty po
Hi Valerine,
You can use your School ID and 1×1 picture. You may also need to bring billing statement like Meralco bill of your house.
i want to ask if i can use my BPI easy savers card for EPS even it has 3 digits deposit? my mom told me to buy something using my card asap..kea lng di ko alm kng pwede q siang gmitn w/ that kind of issue..
Hi Gabreille,
Yes you can use it provided it has enough money or above the amount you are buying.
Dapat 18 years old and above. To opeb an account.. kc sinubukan ko mag open pero Jumpstart lng ang pwede kc 15 yrs. Old lng aq.
Hi Jazeeline,
My sister who is 16 years old was able to open a BPI Easy saver last year, perhaps they have changed the rules.
Hi Sir! Anu pong difference ng mismong BPI sa BPI Family Savings Bank? Mas gusto ko po ksi ng mas mataas ang interest. Sa BPI Family Savings Bank, 0.500% ang interest rate while for BPI main is 0.250% sa Easy Saver Account nila. So saan po ako dapat mag-open ng account? Thank you po.
Hi Melvin,
BPI Family savings bank is just a subsidiary bank of BPI. Of course, you should open at BPI Family because it has higher interest.
hi po. Ask ko lang po if pwede po bang i-deposit yung check ko sa easy saver account ko pero ang date niya is 03/29/13?
May charge po ba pagka maaga ko siya i-deposit?
Saka if ever madeposit po when ko po siya magagamit?
Thanks po
Hi Irene,
If the check is PDC, you can get the money when the check is cleared normally after 3 days.
gud day,, tanong ko lang kung kasali ba sa transaction fee/withdrawal fee na 5 pesos kapag ginamit mo pang shopping ang BPI easy saver card…and lastly, may monthly deductions ba sa account mo?thanks..
pde po b gmitin ang bpi easy savers pra mtransfferan ng fund from abroad?
Hi Rose,
Yes you can use it to transfer money from abroad.