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Jhensele S. Esportuno: Bank Taglines and Comparison of Their Accounts

The document summarizes key information about several major Philippine banks - Metrobank, BPI, BDO, RCBC, and LBP. It provides their taglines and compares their savings account products, including interest rates, minimum initial deposits, and balance requirements to earn interest. The accounts generally have interest rates around 0.25% and require minimum initial deposits ranging from P500 to P10,000 to open.

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Jhensele S42no
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0% found this document useful (0 votes)
53 views2 pages

Jhensele S. Esportuno: Bank Taglines and Comparison of Their Accounts

The document summarizes key information about several major Philippine banks - Metrobank, BPI, BDO, RCBC, and LBP. It provides their taglines and compares their savings account products, including interest rates, minimum initial deposits, and balance requirements to earn interest. The accounts generally have interest rates around 0.25% and require minimum initial deposits ranging from P500 to P10,000 to open.

Uploaded by

Jhensele S42no
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Jhensele S.

Esportuno

Bank taglines and comparison of their accounts:

Metrobank
“You’re in good hands with Metrobank”

Bank of the Philippine Islands (BPI)


“We’ll take you farther”

Banco de Oro (BDO)


“We find ways.”

Rizal Commercial Banking Corporation (RCBC)


“Moving Forward”

Land Bank of the Philippines (LBP)


“Ang Bangkong May Damdaming Bayan”

Comparison of their accounts:


Metrobank

Product Name Interest Rate Initial Deposit

Metrobank SSS Pensioner Passbook Savings Account 0.25% 100

Metrobank Passbook Savings Account 0.25% 10,000

Metrobank OFW Passbook Savings Account 0.25% 0

Metrobank SSS Pensioner Debit/ATM Card Savings Account 0.25% 100


BPI

Product Name Interest Balance to


Rate Earn Interest

BPI Pamana Savings Account with Life Insurance


0.25% 75,000
(Passbook)

BPI Pamana Savings Account with Life Insurance


0.25% 25,000
(Debit/ATM Card)

BPI Passbook Savings 0.25% 25,000

BPI Maxi – Saver Savings with Passbook 0.25% 75,000

BDO

Minimum Initial Deposit Php 5,000.00

Minimum MADB Requirement Php 10,000.00

Minimum Balance to Earn Interest Php 10,000.00

Gross Interest Rate Per Annum 0.25%

RCBC
Minimum Initial Deposit Php 10,000

Minimum Maintaining Balance Php 10,000

Minimum Average Daily Balance to Earn Interest Php 50,000

Interest Rate 0.15% per annum

LBP
Minimum Initial Deposit P500

Required Daily Balance to Earn Interest P2,000

Interest Rate (per annum) 0.10%

Maximum ATM Withdrawal P 50,000/day

Point-of-Sale (POS) - Cashless Payments P50,000/day

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