Financial Management Blog

19 Responses to “BPI Time Deposit Interest Rates”

1. jenn Says:
   November 18th, 2010 at 18:31

   Whats the difference with BPI & BPI Direct Savings? I have a BPI savings acct, I want to try time deposit thru bpiexpress online, which from table will i get the rate?
   Thanks

   [Reply]

   

   Gil Reply:
   November 19th, 2010 at 13:11

   Hi,

   BPI Direct is a subsidiary of BPI. If you have BPI savins account, you should look at BPI table.

   [Reply]

2. reaze Says:
   January 24th, 2011 at 08:37

   hi,
   im planning to open a savings account and wanted also to try time deposit. i can’t decide it it will be BPI or BPI family bank. can u tell me the advantage of opening an account in BPI family bank over BPI.
   thank you!

   [Reply]

   

   Gil Reply:
   January 24th, 2011 at 12:53

   Hi Reaze,

   I think BPI Family has lower initial deposit than BPI but the services are the same.

   [Reply]

3. nina Says:
   January 25th, 2011 at 12:06

   hi,paano po mg apply ng time deposit?but mayron na po akong saving account,paano po ba?thanks…

   [Reply]

   

   Gil Reply:
   January 26th, 2011 at 12:06

   Hi Nina,
   Just go to your branch and ask the teller you want to invest in time deposit.

   [Reply]

4. jez Says:
   January 26th, 2011 at 12:28

   gil ask ko lang pano ba mag invest sa mutual funds at ano ang maganda pano sumali at requirements nila magkano din ang required salamat po

   [Reply]

   

   Gil Reply:
   January 26th, 2011 at 12:30

   Hi Jezz,

   See my posts here to know more about MF: http://learnfinancialeducation.com/category/mutual-funds/
   Minimum Deposit in MF: PHP 5,000
   Suceeding deposit: Min. P1,000

   [Reply]

5. Lianne Says:
   April 13th, 2011 at 12:31

   So that P83.90 from your computation is the interest gain overall? Or is it monthly interest gain? Thanks.

   [Reply]

   

   Gil Reply:
   April 13th, 2011 at 22:56

   It is annual gain. It is based on assumption but TD has really low gain unless you have millions in TD.

   [Reply]

6. sob Says:
   April 14th, 2011 at 07:12

   Are the rates shown above stay the same as of 2011 2nd quarter? Thanks.

   [Reply]

7. Serge Says:
   April 18th, 2011 at 03:23

   Hi Gil. Thanks for being helpful. I have a question about time deposit; so if for example I’d like to open one for 100K, can you please provide a sample computation for it? I did my own but given that I don’t trust my math skills, I’d like to confirm it with you if I’m right:)

   Thanks for any help.

   [Reply]

   

   Gil Reply:
   April 18th, 2011 at 22:56

   Hi Serge,

   Learn more about TD here:http://learnfinancialeducation.com/category/time-deposit/

   [Reply]

8. Serge Says:
   April 20th, 2011 at 19:45

   Thanks Gil for the reply. I hope you won’t mind me shooting another question:)

   So in the example above, the P85 profit is the clean amount you can earn from your TD, as in if you’d like to withdraw that amount you can get it as P85?

   Thanks again for any help.

   Regards

   [Reply]

9. Shawn Says:
   May 14th, 2011 at 14:47

   Good Day Gil!! I want to ask a favor.I want to invest my 500,000 pesos in an TD account in PSBank.Last time I checked,they offer 3.000% for 30days.

   so my computation:

   500,000 x 3.000% = 15,000 pesos
   – 20% tax
   = 12,000 pesos every 30 days

   Is this Correct?..I don’t want to do the long calculation since I’m into the 30day-maturity.

   I will have 12,000 pesos every month?..correct me if I’m wrong.

   Thank you for your response

   [Reply]

10. Shawn Says:
    May 15th, 2011 at 09:14

    Ahhh..Maliit lan pla. I finally get it.Thank you!
    http://www.pinoymoneytalk.com/calculate-time-deposit-interest/#disqus_thread

    [Reply]

11. Smart Guy Says:
    May 30th, 2011 at 18:41

    @shawn are you serious 500k wont give you 12k itll give you less than 2k so better have a business or work!!!

    [Reply]

12. Shervin Says:
    July 19th, 2011 at 06:30

    To Shawn;
    3% is for annual interest, in fact all figure shown by any bank in terms of time deposit rates are all annual rates. So, 500,000 x .03/12 x .80 = 1000 every 30 days.

    [Reply]

13. Visitor Says:
    October 7th, 2011 at 10:19

    thank you. this is useful information

    [Reply]

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