BPI Family has different types of Savings account (Maxi-saver, Jumpstart, Savings Account w/ life insurance & Express Teller) and each type has it's own requirements. If you are asking about Express Teller Savings, the required monthly ADB is Php1,000.00. To earn interest, the required daily balance is Php3,000.00. Hope this info helps.
For BPI Easy Saver's Account -> no maintaining balance. For BPI Savings Account (Regular)-> Php.3,000 maintaining balance
You'd be charged a certain fee for going below the maintaining balance.
A Minimum Balance Fee is a payment made to your bank for not having enough money in your savings account, checkings account, ETC.
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
One benefit of using a high rate savings is having low to no minimum balance so one does not need to worry about maintaining a certain balance in the account. The main benefit of this type of account, however, is the high interest rate on the account which means one's money will generate more interest than in regular savings accounts.
They're accounts that yield higher rate than a regular savings account. There are some minimum requirements to open a high interest savings account, such as maintaining a balance and depositing a minimum amount to open the account.
For a savings account without a checkbook, Rs500 is the minimum balance required to open and maintain the account. For a savings account with a checkbook, the minimum balance doubles to Rs1,000.
For BPI Easy Saver's Account -> no maintaining balance. For BPI Savings Account (Regular)-> Php.3,000 maintaining balance
You'd be charged a certain fee for going below the maintaining balance.
No, most banks in UAE do not ask for an minimum balance in a savings account. However, you must check with your bank for exact details.
A Minimum Balance Fee is a payment made to your bank for not having enough money in your savings account, checkings account, ETC.
A Minimum Balance Fee is a payment made to your bank for not having enough money in your savings account, checkings account, ETC.
Rs. 250
It depends on the type of account you have. For ex:For a regular savings account you need a quarterly minimum balance of Rs. 10000/-For a Salary account - it is '0'For a Savings account with a Gold Debit card - it is Rs. 50000/- quarterly balanceEtc.
An orange account earns high interest, there are no fees attached and you do not need a minimum balance in your account. Most regular savings accounts have a minimum balance and really low interest rates.
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
One benefit of using a high rate savings is having low to no minimum balance so one does not need to worry about maintaining a certain balance in the account. The main benefit of this type of account, however, is the high interest rate on the account which means one's money will generate more interest than in regular savings accounts.