Time Deposit Accounts
Product Features
Time Deposit Accounts
Product Features
| Short Term Deposits | |
|---|---|
| Minimum Deposit | ₱ 5,000 |
| Term | 30, 60 days |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Optional monthly crediting to affiliate savings account |
| Pre-termination Charges | Penalty + w/tax + documentary stamp tax |
| Additional Short Term Deposit Rates | |||
|---|---|---|---|
| Amount | 30, 60 days | ||
| 5,000-49,999 | 1.25% | ||
| 50,000 – 99,999 | 1.25% | ||
| 100,000-499,999 | 2.00% | ||
| 500,000 and above | 2.25% | ||
| 2M and up(aggregate) | 2.50% |
| 1 – Year TD | ||
|---|---|---|
| Minimum Deposit | ₱ 50,000 | |
| Term | 1 year | |
| Evidence of Deposit | Certificate of Time Deposit | |
| Interest Payment |
|
|
| Pre-termination Charges | Penalty + w/tax + Documentary stamp tax |
| 1 – Year TD | ||
|---|---|---|
| Minimum Deposit | ₱ 100,000 | |
| Term | 1.5 year | |
| Evidence of Deposit | Certificate of Time Deposit | |
| Interest Payment |
|
|
| Pre-termination Charges | Penalty + w/tax + Documentary stamp tax |
| 2 – Year TD | |
|---|---|
| Minimum Deposit | ₱ 100,000 |
| Term | 2 years |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Optional monthly crediting to affiliate savings account |
| Pre-termination Charges | Penalty + w/tax + Documentary stamp tax |
| 5-Year TD(tax free) | |
|---|---|
| Minimum Deposit | ₱ 50,000 |
| Term | 5 years and 1 month |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Interest for 1 year paid in advance and every year thereafter |
| Pre-termination Charges | Penalty + withholding tax + Documentary stamp tax |
Time Deposit Rates
As of August 3, 2020
Time Deposit Rates
As of August 3, 2020
| Amount | 30 to 180 days | 1 year | 1.5 years | 2 years | 5 years & 1 month(Tax Free) |
|---|---|---|---|---|---|
| ₱5,000–49,999 | 1.25% | ||||
| ₱50,000–99,999 | 1.25% | ||||
| ₱100,000–499,999 | 2.00% | ||||
| ₱500,000 & up | 2.25% | ||||
| ₱50,000-249,999 | 2.25% | ||||
| ₱250,000-499,999 | 2.50% | ||||
| ₱500,000 & up | 2.75% | ||||
| ₱100,000-499,999 | 2.85% | ||||
| ₱500,000 & up | 3.25% | ||||
| ₱100,000-249,999 | 2.75% | ||||
| ₱250,000-499,999 | 3.00% | ||||
| ₱500,000 & up | 3.25% | ||||
| ₱50,000,000-499,999 | 3.50%** | ||||
| ₱500,000 & up | 4.50%** |
* Interest Paid in Advance
** Interest for 1 year paid in advance and every year thereafter.
Corporate accounts are taxable.
RATES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE
