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 | 1.50% | ||
| 100,000 – 499,999 | 1.75% | ||
| 500,000 – 999,999 | 2.25% | ||
| 1M – 1,999,999 | 2.375% | ||
| 2M and above | 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 | Monthly Interest Crediting |
| 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 November 26, 2020
Time Deposit Rates
As of November 26, 2020
| Amount | 30 to 60 days | 90-180 days | 1 year | 2 years | 5 years & 1 month(Tax Free) |
|---|---|---|---|---|---|
| ₱5,000–49,999 | 1.25% | ||||
| ₱50,000–99,999 | 1.50% | ||||
| ₱100,000–499,999 | 1.75% | ||||
| ₱500,000 -999,999 | 2.25% | ||||
| ₱1M-1,999,999 | 2.375% | ||||
| ₱2M & above | 2.50% | ||||
| ₱50,000-249,999 | 2.000% | ||||
| ₱250,000-499,999 | 2.250% | ||||
| Fresh Funds new/old clients | 90 days | 3.00% | |||
| ₱500,000 and above | 180 days | 3.125% | |||
| ₱500,000 & up | rollovers /no fresh funds | 2.75% | |||
| ₱50,000-249,999 | 2.250% | Suspended | |||
| ₱250,000-499,999 | 2.500% | Suspended | |||
| ₱500,000 & up fresh funds | 3.50% | Suspended | |||
| ₱500,000 & up rollovers | 3.25% | ||||
| ₱500,000 & up from 1yr to 90 days | 3.00% | ||||
| ₱50,000 – 499,999 | 3.50% | ||||
| ₱500,000 and above | 4.05% |
* 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
