Time Deposit Accounts
Product Features
Time Deposit Accounts
Product Features
| Short Term Deposits | |
|---|---|
| Term | 30, 60, 90, 180 days |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Monthly Interest Crediting |
| Pre-termination Charges | Penalty + w/tax + documentary stamp tax |
| 1 – Year TD | ||
|---|---|---|
| Term | 1 year | |
| Evidence of Deposit | Certificate of Time Deposit | |
| Interest Payment |
|
|
| Pre-termination Charges | Penalty + w/tax + Documentary stamp tax |
| 5-Year TD(tax free) | |
|---|---|
| Term | 5 years and 1 month |
| Evidence of Deposit | Certificate of Time Deposit |
| Interest Payment | Monthly Interest Crediting |
| Pre-termination Charges | Penalty + withholding tax + Documentary stamp tax |
Time Deposit Rates
As of April 1, 2024
Time Deposit Rates
As of April 1, 2024
Bank with High Interest Rate
| Amount | 30 to 60 days | 90 days | 180 days | 1 year | 5 years & 1 month(Tax Free) |
|---|---|---|---|---|---|
| ₱5,000–49,999 | 1.50% – 1.85% | ||||
| ₱50,000 – 99,999 | 1.75% – 1.90% | ||||
| ₱100,000 – 499,999 | 3.00% – 3.50% | ||||
| ₱500,000 – 4.99M | 5.00% | ||||
| *₱5M and above | 5.35% | ||||
| ₱15,000 -4.99M | 5.00% | ||||
| *₱5M and above | 5.50% | ||||
| ₱50,000 – 99,999 | 2.625% | ||||
| ₱100,000 – 499,999 | 3.25% | ||||
| ₱500,000 – 4.99M | 5.00% | ||||
| *₱5M and above | 5.75% | ||||
| ₱30,000 – 4.99M | 5.50% | ||||
| *₱5M and above | 6.00% | ||||
| ₱50,000 and above | 6.50% | ||||
| SPECIAL TD RATES | |||||
| *₱10M and above | 5.85% | ||||
| *₱10M and above | 6.00% | ||||
| * in aggregate |
* Interest Monthly Crediting
Corporate accounts are taxable.
RATES ARE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE
Deposits are insured by PDIC up to P500,000 per depositor.
