Opening a bank savings account? You may now compare banks in the Philippines and see which one has low maintaining balance.
Maintaining Balance Per Bank
The following are the lowest maintaining balance requirement per bank as of this writing.
Asia United Bank
BDO – BDO maintaining balance is Php 2,000 for ATM Savings
BPI – BPI minimum maintaining balance is Php 3,000 ATM account
Bank of Commerce – Php 500 is the maintaining balance of Bank of Commerce
Eastwest Bank – Php 2,000
Chinabank – Maintaining balance of Chinabank is Php 2,000 for an ATM.
Metrobank – The minimum maintaining balance of Metrobank is Php 3,000
PNB – Php 3,000
PSBank
Security Bank
UCPB – Php 2,000
Online Banks Maintaining Balance
Almost all online banks in the Philippines has no maintaining balance. This is a special feature to attract depositors.
CIMB
Uno Bank
Maya Bank
Earn Interest
Banks offer low maintaining balance but your account will not earn interest. Most of the time, there is a specific amount that you need to maintain per month in order to earn interest. This means your daily average should at leas be Php 5,000.
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