Push Admin

BPI unveils new saver plus account after changes in Maxi-Saver policy

Article (news)

ABS-CBN News

<p>MANILA - The Bank of the Philippine Islands said Friday a new type of savings account would be available in June with a maintaining balance of P50,000. </p><p>The new BPI Saver Plus savings account will be available starting June 1, the bank said in an advisory. </p><p>This came as BPI announced that it would raise the minimum daily balance of its Maxi-Saver to P2 million from P50,000 and P75,000 for both debit card and passbook. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/04/15/21/bpi-bank-maxi-savers-minimum-daily-balance-2-million-effective-june-1-2021">Enrolled in BPI Maxi-Saver? By June, your minimum balance should be P2 million</a></li></ul><p>For the Saver Plus savings account, the average daily balance is set at P50,000. Likewise, the required daily balance to earn interest is also set at P50,000.</p><p>The new savings platform is exclusive for Debit Card only, BPI said.</p><p>There is no limit to the amount of withdrawal that can be made monthly but an P18 fee will be charged for every withdrawal or debit transaction, the lender said.</p><p>A P300 fee will be imposed if the client&#x27;s balance falls below the average daily balance required by the bank, it said.</p><div><strong>RELATED VIDEO: </strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1662920" width="100%"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

<p>The Bank of the Philippine Islands said Friday a new type of savings account would be available in June with a maintaining balance of P50,000. </p>

The Bank of the Philippine Islands said Friday a new type of savings account would be available in June with a maintaining balance of P50,000.