As a housewife, we are tasked to create the budget for the family. It is not an easy task that’s why there should be a savings account for every home. Are you looking for a good bank to save? Let’s take a look at your options.
How to Choose the Best
The best bank for a housewife in the Philippines should have the following features:
Easy to open an account
Some of us do not have the requirements when ti comes to savings account opening. The usual documents needed are valid IDs and some proof of billing.
Has Many Branches
Of course, no matter where we live, there should be a bank nearby to access our money right?
Gives Good Interest
While we cannot rely mainly on interest rates of savings account, it is good to choose the one with the highest rate to add budget to our family.
Low Maintaining Balance
As a housewife, we should always have ready cash. With low maintaining balance for a savings account, it means we can use our budget for other things.
List of Banks
Here are some of the best banks for housewives:
BPI – Easy to open a peso savings account with minimal document
BDO – Has so many branches even inside SM Malls. You can do groceries and go to the bank at the same time.
Chinabank – Easy account opening and is also accessible in some malls.
What Account to Open
It is up to you. But the most basic is peso savings account. Usually, it has a low maintaining balance and you can earn interest with a minimum deposit.
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