If you have an existing ATM based BPI account enrolled in BPI Express Online banking facility, saving regulary would be easy with BPI Direct Save-Up.
This offering will let you decide how much you want to save on a regular basis. The amount you want to save will be deducted to your BPI ATM-based savings account and will be transferred to your BPI Direct Save-Up account. Frequency may be weekly, bimonthly or monthly basis depending on what you desire.
To secure your savings, BPI Save-Up does not come with an ATM card. With this, it will refrain you from withdrawing in your Save-UP account. However, you can still monitor and keep track of your Save-Up account via BPI Express Online.
With no initial deposit, 1,000 Php minimum monthly ADB* and 5,000 required ADB* to earn 0.250% annual interest rate, BPI Direct Save-Up also comes with a FREE BPI-Philam Life Insurance.
*ADB – Average Daily Balance
account. No medical check-ups or premium payments required. The amount of your
coverage is equal to as much as 10x your account balance* up to PhP 4
You will receive a BPI Direct Save-Up Info Card via mail once your Save-Up account has been created. This info card also serves as a proof of your FREE life insurance coverage.
BPI Direct Save Up Requirements
Existing ATM based BPI account enrolled in BPI Express Online banking facility
How to Open a BPI Direct Save-Up Account
1. Go to BPI Direct Website
2. Click Open a Deposit Account.
3. Fill out the online form
*Ensure to select Save-Up Automatic Savings + Insurance
4. You will be redirected to BPI Express Online log in page.
4. Once logged-in, nominate your source account
5. Once done, click submit.
6. You will be directed to a confirmation page of your BPI Direct Save-Up account application. Once your account has been created, you will receive a confirmation mail from BPI and an Info Card will be sent to your preferred mailing address.