Time Deposit Accounts
Product Features
Time Deposit Accounts
Product Features
| Short Term Deposits | |
|---|---|
| Minimum Deposit | ₱ 5,000 |
| Term | 30, 60, 90 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 and 90 days | ||
| 5,000-49,999 | 1.25% | ||
| 50,000 – 99,999 | 1.75% | ||
| 100,000-499,999 | 2.50% | ||
| 500,000 and above | 2.75% | ||
| 2M and up(aggregate) | 3.00% |
| 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 |
| 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 |
| 3 – Year TD | |
|---|---|
| Minimum Deposit | ₱ 20,000 |
| Term | 3 years |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Optional monthly crediting to affiliate savings account
Optional – Interest for 1 year paid in advance and every year thereafter |
| 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 July 1, 2020
Time Deposit Rates
As of July 1, 2020
| Amount | 30 to 180 days | 1 year | 2 years | 5 years & 1 month (Tax Free) |
|---|---|---|---|---|
| ₱ 5,000 – 49,999 | 1.25% | |||
| ₱ 50,000 – 99,999 | 1.75% | |||
| ₱ 100,000 – 499,999 | 2.50% | |||
| ₱ 500,000 & up | 2.75% | |||
| ₱ 2,000,000 & up | 3.00% | |||
| ₱ 50,000 – 249,999 | 2.75%* | |||
| ₱ 250,000 & up | 3.00%* | |||
| ₱ 100,000 – 499,999 | 3.00% | |||
| ₱ 500,000 & up | 3.50% | |||
| ₱ 50,000 – 499,999 | 3.75%** | |||
| ₱ 500,000 & up | 5.00%** |
* 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
