Time Deposit Accounts
Product Features
Time Deposit Accounts
Product Features
| Short Term Deposits | |
|---|---|
| Minimum Deposit | ₱ 5,000 |
| Term | 30, 60, 90, 180 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 |
| 1 – Year TD | |
|---|---|
| Minimum Deposit | ₱ 50,000 |
| Term | 1 year |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Optional monthly crediting to affiliate savings account
Optional – Interest Paid in Advance |
| 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 | |
|---|---|
| Minimum Deposit | ₱ 50,000 |
| Term | 5 years and 1 month |
| 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 +graduated w/tax + graduated documentary stamp tax |
Time Deposit Rates
As of November 23, 2018
Time Deposit Rates
As of November 23, 2018
| Amount | 30 to 180 days | 1 year | 2 years | 5 years & 1 month (Tax Free) |
|---|---|---|---|---|
| ₱ 5,000 – 49,999 | 2.35% | |||
| ₱ 50,000 – 99,999 | 2.50% | |||
| ₱ 100,000 – 499,999 | 3.90% | |||
| ₱ 500,000 & up | 4.25% | |||
| ₱ 50,000 – 249,999 | 4.50%* | |||
| ₱ 250,000 & up | 5.00%* | |||
| ₱ 100,000 – 499,999 | 5.50% | |||
| ₱ 500,000 & up | 6.00% | |||
| ₱ 50,000 – 499,999 | 6.00%** | |||
| ₱ 500,000 & up | 7.00%** |
* 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
