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
million!
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.
How long do you have to wait to get this account setup by BPI?
Hello. In my case, it took 10 days for the activation of my Save-Up account. As for the info card, I guess I received it 12 days after my application.
I just applied for BPI Direct save-up account today. Can I just get my Info card personally from the bank rather than waiting for the to mail it to me?