Let us teach our children the value of money and the importance of saving by opening an account of their own. The best way to give them a head start on banking.
Features
Initial Deposit Requirement:
Php 100.00
Minimum Monthly ADB Requirement:
Php 100.00
Minimum Balance to Earn Interest:
Php 500.00
Interest Rate per Annum:
1.0%
Transaction Record:
Passbook
Service Fees & Charges
Account Closure Within 30 Days:
Php 100.00
Below Minimum Balance:
Php 100.00
Withholding Tax for Interest Earned:
20%
Requirements
1 Valid ID
1 Latest 1x1 Picture
Deposits are insured by PDIC up to P500,000 per depositor.