How to Open a BPI Automatic Savings Account

by Gily Tenorio on June 12, 2010

in Banking


Bank of the Philippine Islands (BPI) is one of the leading banks in the Philippines and has been awarded by international organization for being one of the best bank in Asia. I personally like BPI because of its convenient online banking and good customer service. My wife and I opened our savings account in BPI and will continue to use BPI as our primary bank.

There are many good features and services offered by BPI such as bills payment through online banking and automatic saving by BPI Direct Save-Up. I also use BPI to add funds to my Citiseconline account. If you want to open an automatic saving account through BPI Direct Save-Up, you need to do the following.

1. Prepare all needed documents before you go the BPI branch of your choice. Normally, in order to open a savings account in all banks, they require you to bring two (2) valid and recent ID. It can be your company ID, passport, PRC ID, Driver’s license, GSIS/SSS ID, Postal ID and other ID with your name and picture on it.

2. You need also to bring proof of billing indicating your present address. This can be your Meralco bill, Water bill, Phone Bill or Credit card bill. In order to be sure that you have complete requirements, just make 2 photocopies of your IDs and proof of billing.

3. Visit your BPI branch of choice, then go to new account desk.

4. Bring your money for initial opening deposit. Minimum deposit is P500 for BPI Express Teller savings ATM account. For BPI savings account with passbook, P10,000.

5. Tell the account officer that you want also to apply for online banking. He/she will be the one that will apply for it. You can’t do it online, you must first request it to your BPI branch.

6. After you requested for BPI online banking application, bank officer will give you your password. You will be required to designate a user name as you apply for BPI online banking.

7. Once you finished applying and you already have your user name and password for BPI online banking, you need to log-in and change your current password to your preferred password. You need to remember it since you need it every time you will log-in to your BPI online banking.

8. You can now apply online for BPI Direct Save-up by logging in to your BPI online banking account. You need to register and enroll to BPI Direct Save-up.You must decide how much and the frequency of transfer from your current savings account to your BPI Direct Save-up account.

9. If you already have BPI savings account from your company, it is best to apply it for BPI online banking and then apply for BPI Direct Save-up. Every month a certain amount will be transferred from your BPI salary account to your BPI Direct Save-Up. Just nominate how much and frequency of transfer. Minimum amount is P250.

10. Don’t forget your user name and password for your BPI online banking. Caution: don’t try to log in for 3 consecutive fail log in, your online banking account will be disabled.

I think it is very effective way to save money when you have an automatic savings account. Remember you need to pay yourself first and you can do this by automatic saving. Is this blog helpful? Just leave your comments below or subscribe to the RSS feed.

Comments on this entry are closed.

euri March 19, 2012 at 11:32

I recently made some inquiries in another bank.They told me that I also need to secure SSS and TIN before opening an account,does this rule also apply in BPI?I really need to open an account ASAP and SSS takes forever in processing and issuing the documents needed.

learnfe March 19, 2012 at 11:50

Hi Euri,

Actually, you only need one ID to open an account as per regulation from Bangko Sentral ng Pilipinas. You can see this post to learn more:

euri March 19, 2012 at 15:34

Is that so?So there’s no need to pursue the SSS application.Thank you very much for your reply. 😀

Inaho February 29, 2012 at 04:42

What if I have only a postal id? Can I use barangay clearance in opening an account or NSO livebirth?

learnfe March 1, 2012 at 06:18

Hi Inaho,

Actually, one ID is enough but most banks still require two IDs. maybe you can use that> see this post:

Marlyn_salvador February 25, 2012 at 20:58

I have online banking with BPI but I can’t seem to find the option “change address” . There is this provision for change of billing address for credit card facility but not for current account.

thank you

Oliver_capitan February 9, 2012 at 05:13

you said 2 valid ID, what about picture?

learnfe February 12, 2012 at 00:42

Hi Oliver, yes you need two 1×1 ID picture.

Shany_vill February 6, 2012 at 03:38

hi. i had this problem ever since i signed up for your Save Up Account. why can’t i access my UN and PW? i tried to dial ur toll free no. but it seems like it’s incorrect no. why can’t u just make it easy for us? it’s not only me, but my friends too. we encounter the same problem. i tried to go into ur respective branches but none of those staffs seemed like they did not know what they were asked for. can u help me out??

learnfe February 12, 2012 at 00:38

Hi Shany,

Do you already have a BPI express online? You can access your BPI Save-up Account through BPI EOL.

[email protected] February 1, 2012 at 16:49

hello pwd ba NBI clearance lang at TIn ID ung valid ko dto pwd na po ba un?

learnfe February 5, 2012 at 12:42


A valid ID should have your photo and name on it and it must be recent, not old one.

Ojlcorr January 10, 2012 at 06:03

Hello. Good day. Can i subsequently change online the amount to be transferred from my savings account to direct save-up account that i previously nominated?

Charm Salvador January 5, 2012 at 13:51

Hello. Im planning to open an account in BPI but I wanna know the charge if someone from abroad will deposit from my account.

learnfe January 10, 2012 at 09:04

Hi Charm,

The only charge when someone deposit money from abroad will be the remittance fee.

Mayrvillacorta January 3, 2012 at 13:05

how much po ba magopen ng savings acct?
3k po b o 500 lng?

learnfe January 5, 2012 at 12:31

Hi Mayr,
P500 initial deposit for ATM account, 3k for maintaining balance. So you can open an account for as low as P500 but you need to add more money to cover up the 3k maintaining balance.

layne January 2, 2012 at 15:10

ok so my mum did withdraw some money on her atm and left 214 pesos to keep it open but I tried to log in online but it says that the acct was dissabled. what the hell is wrong with the acct? Its giving me such a headache really. thanks for your help in advance.

learnfe January 5, 2012 at 12:28

Hi layne,

The account was disabled because it has no enough maintaining balance. Every month, bank will charge any account that falls below MB. If there’s no enough money for the monthly charge, bank will close that account.

Jo_gando December 28, 2011 at 07:52

hi,good pm! We already have a problem with regards to the BPI direct save up because na disabled na yata siya and i forgot the user id and password as well.will you pls kindly help us!!!we would like to stop the save up due to financial difficulties.

learnfe December 29, 2011 at 12:41

Hi Jo_gando,

You can call BPI at 89-100 or visit directly your branch. You can also withdraw the money from your savings account before it will transfer the money to your save-up account.

Renz November 3, 2011 at 07:57

Very helpful!

Glenn Grey October 17, 2011 at 13:16

hi! ask ko lang kung kailan ba dalawang saving account ang iopen ko? isang saving account na nagagalaw at isang saving account na hindi nagagalaw? ano po sa tingin nyo?

rhian December 16, 2011 at 03:13

time deposit mo na lng yung isa. pra higher interest.

Nengee October 13, 2011 at 17:13

Hi! ask ko lang, kailangan po ba yung proof of billing sayo nakapangalan?

GUEST October 20, 2011 at 21:26

actually they should not require a proof of billing. tell them its a BSP rule. :p

Vheca_bianca October 3, 2011 at 10:38

hi..ask k lng pano b mag open ng account sa bpi..kc magoopen atm kc un husband ko dun cya magpapadala from australia..pano po un?tnx

Jerry October 5, 2011 at 14:01

dala ka ng one valid govt issued ID. prepare P500 initial deposit. go ka sa nearest branch sayo 🙂 tell them na its a regular remittance card, maybe they can offer something better….. 🙂

Jerry September 30, 2011 at 07:23

BPI ATM Savings Account:
1.) Regular ATM - P500 initial deposit; 3k Maintaining balance
2.) Easy-Saver ATM - P200 initial depl NO MAINTAINING BALANCE.

well the difference is, Easy-Saver has a P5 withdrawal fee while Regular has none. 🙂

Bhaby_mile0611 October 19, 2011 at 03:59

paano kung hindi saken nakapangalan ung proof of billing?

Spour3126 September 24, 2011 at 09:56

how much is the initial deposit for BPI Express Teller savings ATM account.

Gretchenugayan September 20, 2011 at 10:00

kainis gling ako knina s bpi open sana accnt kya lng di ako tinangap kala ko ba ok lng pag isa lng id tpos with birthcrtifcte nlang kainis syang lang pamashe ko,,,ngtanong n me dito sbi mo pwd

Jerry September 30, 2011 at 07:24

anung branch yan miss? dapat 1 ID lang

Naysayjessie August 17, 2011 at 00:44

where can i get this card not an atm..a bpi direct save up account + insurance..i have apply a bpinoy account already.

Anonymous August 18, 2011 at 22:45

Hi you can appy a BPI savings account and after that you can apply for BPI Direct save-up+ Insurance.

Jerry September 30, 2011 at 07:25

If ordered via BPI Direct (Online), Save-UP info card will be delivered to address. IF sa branch, they will give it instantly. 🙂

Laila August 11, 2011 at 00:08

how much is the maintaining balance for bpi automatic savings account?

Anonymous August 14, 2011 at 04:21

Hi Laila,
BPI automatic SA has P1,000 maintaining balance.

Maelie August 2, 2011 at 14:00

Hi.. I haven’t used my atm card and deposited any amount on my account. Can I still use the card?

Anonymous August 6, 2011 at 03:02

HI Maelie,

If you didn’t use it for a long time, I think it is not active. But if your account is still on the maintaining balance, maybe it is active, just check if you can still use your ATM card.

Lerhroy July 14, 2011 at 00:41

Hi Gil;
I can not access my online accounts. Whats the right way to log in?

Anonymous July 27, 2011 at 09:04

Hi Lerhoy,

Just visit and then click the Personal login at the right side of the page. Enter your correct log in user name and password.

Tash June 17, 2011 at 08:16

hi! is it true that if a person is a credit card defaulter, he/she cannot open an account in BPI? Thanks!

Gab May 20, 2011 at 10:35

hi Sir..

i have an online banking account on bpi..but i cannot find where to change my mailing address.. only e-mail address change is available.. could you tell me where exactly it is?? thanks! ^_^

Gil May 20, 2011 at 23:54

Hi Gab,

You cannot change your mailing address online, You should call your branch to change it.

Yan April 21, 2011 at 15:17 u have any idea on how to change the address for the account? Thanks

Gil April 22, 2011 at 03:45


You should call or visit your branch. If you have online baking, you can change your address by logging on it.

cathy April 20, 2011 at 09:15

I would like to open an account in BPI
but the problem is we don’t have branch yet here
in my province,is there any other way so i can open an account from that online??
thank you so much..pls send me an answer

Gil April 21, 2011 at 03:30

Hi Cathy,

You can open an account in BPI online using BPI direct..

salvie March 15, 2011 at 22:02

Hi there, i’m planning to open a new account(Savings-Deposit),obviously, i’m a Filipino but i’m now residing in Zürich my question is how can i submit the present address billing such as meralco,waterbill, etc. if i’m not living anymore in the philippines? is it possible to give my billings from my present address instead?Please give me clues on this matters.Many Thanks.Send me your reply also in my e-mail add: [email protected]

Gil March 16, 2011 at 13:01

Hi Salvie,

Most of the banks don’t allowed someone out of the country to open a bank account.
You need to go personally to the bank for privacy and bank laws. But try to open an account online at BPI direct if it is possible for you.

Erwn February 17, 2011 at 12:00

Is it possible to deposit cash in any bpi branch for bpi direct savings?
Why is it that they (bpi) dont accept cash deposit for bpi family acct?

lala February 1, 2011 at 14:25

Hi Gil,

Thank you for the info. Aside from the initial minimum deposit of 500 pesos, how much is the payment fee to open a new account for ATM?


Girlie January 11, 2011 at 01:15

Hi Gil,

I now reside in another country but my family are all in the Philippines. How easy or how hard it is to open an new account for myself and my husband that we can easily access to our country of resident now. I refuse to have a joint account with my family in the Philippines. Appreciate sending me your response to my e-mail. Thank you for your help.

Gil January 12, 2011 at 11:13

Hi Girlie, it’s hard to open a bank account if you’re outside Phil. But BPI Direct has online application if you are located in these countries: Bahrain, Hong Kong, Italy, Spain, UAE and US.

If you are outside Phil and you ahve bank account, simply enroll it to online banking to access your account anywhere.

Lani September 29, 2010 at 14:22


My name is Lani I just wan’t to make inquarrie.
is it when you make internit Banking DO you have to pay?
And if so how much?
Please send me a message at my email that probive

Thanx Lani

Gil October 4, 2010 at 03:27

You don’t need to pay for internet banking in ANY bank.
It’s free, you just need to apply for it in the bank or online.

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