What is Metrobank Fun Savers Club?

Jumpstart your kids’ savings accounts with Metrobank’s Fun Savers Club, a savings account for kids that you can open with an initial deposit of PHP100. The account has a maintaining balance of PHP500, a Minimum to Earn Interest of PHP4,000, and an Interest Rate of 0.0625 percent per annum.

What is the maintaining balance for Metrobank savings account?

No initial deposit required. *PHP 500 required maintaining balance starts on the 12th month from the time of account opening.

What is a Junior Savers account?

The BDO Junior Savers is a deposit account for children ages 0 to 12 years old. With an initial deposit of Php 100.00 and a Monthly Average Daily Balance (MADB) requirement of Php 100.00, you can start saving for your child’s future.

Which bank is best for savings account in Philippines?

The Best Savings Accounts In The Philippines

  • CIMB Bank GSave.
  • CITIBANK Peso Bonus Saver Account.
  • BDO Optimum Savings Account.
  • Security Bank eSecure Savings Account.
  • BPI Family Savings Bank Advance Savings Account with Passbook.
  • Security Bank Premium Build Up Savings Account.
  • Sterling Bank of Asia Bayani OFW Savings.

What happens if you don’t maintain minimum balance in Metrobank?

Any account that falls below its minimum balance requirement for two consecutive months receives a service charge. Metrobank sets interest rates, minimum ADB for earning interest, minimum balance requirements, and service charges, and it informs customers through its communication channels when there are adjustments.

Can a child have ATM card?

ATM/International Debit Card will be issued in your child’s name with your permission. Your child can withdraw Rs. 2,500 at ATMs and spend Rs. 10,000 at merchant locations per day.

Which bank offers account for kids?

1. Bank of America Child Savings Accounts. Bank of America offers two options for kids: a Minor Savings Account and a Custodial (UTMA) Savings Account.

What is the best savings account for a child in Philippines?

The RCBC GoSavers is ideal for kids and teen savings accounts. ​It comes with free comprehensive insurance for both the parent/s and the child. Also, comes with an ATM Card and Passbook. ​This Peso or US Dollar Savings Account is good for kids and teens aged 19 years old and below.

What type of savings account is best for kids?

The Best Savings Accounts for Kids for 2022

  • Best Overall: Capital One’s Kids Savings Account.
  • Best for Young Children: USAlliance Financial’s MyLife Savings for Kids.
  • Best for Teens: Alliant Credit Union’s Kids Savings Account.
  • Best for Maximizing Interest: Spectrum Credit Union’s MySavings Youth Account.

What are the requirements to open Metrobank fun Savers Club account?

In the previous years, there were more requirements to open a Metrobank Fun Savers Club account. The child must produce a Birth Certificate certified by the NSO, a valid ID, a parent’s valid ID, and two 2×2 photos But my husband said that the staff told him that they have a new list of requirement which only includes:

Does Metrobank fun Savers Club require birth certificate from PSA?

In the previous years, there were more requirements to open a Metrobank Fun Savers Club account. The child must produce a Birth Certificate certified by the NSO, a valid ID, a parent’s valid ID, and two 2×2 photos But my husband said that the staff told him that they have a new list of requirement which only includes: A birth certificate from PSA.

Why open a savings account with Metrobank?

Make your future a bright one by opening a savings account with Metrobank. Here are great reasons to open an account. Your money is always safe. Only you have access to your accounts. The longer you keep your money, the more you let it earn. Fulfill your goals by saving the way you want.

Why choose Metrobank over Banco de Oro?

We originally opened a bank account for him at Banco De Oro but found Metrobank more convenient, so we transferred his savings. We observed how approachable and helpful Metrobank staff are. They even let the kids use their private restroom once while we were waiting in line to deposit Pablo’s check.