PNB Savings Account

When you open a savings account, you are helping yourself become financially independent. You can access the funds at any time. You can accumulate funds for times of emergencies and you can also start saving for future investments. You get attractive interest rates. PNB also lets you open a foreign currency savings account.

Features and Benefits

The following are the various features and benefits of PNB Savings Account:

• You get attractive interest rates.
• Your deposits are insured under PDIC. You get insurance up to P500,000.
• You can transfer funds, make the payments online, withdraw cash from ATMs, purchase goods through Bancnet accredited merchants, etc.
• You can open foreign currency accounts.
• The interest is auto compounded.
• The account can be monitored through passbook.
• You get a PIN-based ATM card.
• The interest rates for certain types of savings account are tiered and is based on the amount deposited.

Types of PNB Savings Account

The following are the various types of Savings Account offered by PNB:

1. Super Teller ATM

   This account comes with a PIN-based ATM card and it is an interest-earning account. You can check your balance, make cash deposits at PNB ATMs, withdraw cash, pay bills online, transfer funds, purchase goods through Bancnet accredited merchants, and pay bills through local ATMs. The ATM card can be used at local ATMs, Bancnet online transactions, PNB’s mobile, phone, and internet banking, and Bancnet merchants nationwide.

   Initial deposit requirement	P3,000
   Minimum maintaining balance required	P3,000
   Minimum average daily balance required to earn interest	P10,000
   Maximum withdrawal limit per day	P50,000
   Maximum limit per transaction	P10,000
   Maximum POS usage in a day	P50,000

2. Debit MasterCard

   You get a PIN-based ATM card. The card is accepted across the globe. This is an interest-earning account. You can check your balance, make cash deposits at PNB ATMs, withdraw cash, transfer funds, pay bills online, purchase goods through Bancnet accredited merchants, and pay bills through local ATMs. The ATM card can be used for local and international transactions.

   Initial deposit requirement	P3,000
   Minimum maintaining balance required	P3,000
   Minimum average daily balance required to earn interest	P10,000
   Maximum withdrawal limit per day	P10,000
   Maximum limit per transaction	P50,000
   Maximum POS usage in a day	There is no limit.

3. TAP MasterCard

   This account offers TAP MasterCard which makes purchasing items easier as you have to just tap the ATM card at the PayPass-enabled machine. The card can be used to check your balance, withdraw cash, purchase goods and services, etc. This is an interest-earning account. The ATM card is PIN-based. You get an online copy of statement through internet banking. The card is accepted at Expressnet, Megalink, and Bancnet ATMs in the Philippines. You can use the card for local transactions, international transactions, and at boutiques and stores that have PayPass-enabled machines.

   Initial deposit requirement	None.
   Minimum maintaining balance required	None.
   Minimum average daily balance required to earn interest	P10,000
   Maximum withdrawal limit per day	P10,000
   Maximum limit per transaction	P50,000
   Maximum POS usage in a day	There is no limit.

4. Passbook Savings

   This is an interest earning account. You can monitor the account with the passbook. You can make withdrawals and deposits at branch network nationwide.

   Initial deposit requirement	P10,000
   Minimum maintaining balance required	P10,000
   Minimum average daily balance required to earn interest	P15,000

5. SSS Pensioners Account

   This account lets you receive and secure your SSS pension every month. You can withdraw cash from the PNB ATM account. This is an interest-earning account. The account can be monitored with the passbook. The ATM card can be used to withdraw cash, check the balance, transfer funds, make deposits, pay bills, and purchase goods and services. This account is applicable to SSS Pensioners account holders who have passbook access.

   Initial deposit requirement	P100
   Minimum maintaining balance required	P100
   Minimum average daily balance required to earn interest	P5,000

6. Direct Deposit Program

   This is an interest-earning account. You can monitor the account through your passbook. The account can be opened in Peso or Dollar. This program offers you the service where the pension benefits of US Federal Agencies are credited directly to the account maintained with PNB. The withdrawals can be made with the maintaining branch. You are not allowed to open a joint account. The account can only be opened under the name of the eligible customer.

   Initial deposit requirement	Peso – P100 Dollar – USD200
   Minimum maintaining balance required	Peso – P100 Dollar – USD200
   Minimum average daily balance required to earn interest	Peso – P5,000 Dollar – USD1,000

7. Prime Savings Program

   This account offers a higher interest rate. The interest rates are tiered. You can make deposits at any time. You are allowed to make 2 withdrawals in a month. The account can be monitored through the passbook.

   Initial deposit requirement	P50,000
   Minimum maintaining balance required	P50,000
   Minimum average daily balance required to earn interest	P100,000

8. Dollar Savings Account

   This is an interest-bearing deposit account that can be opened with Dollar. The transactions are recorded in a passbook. This account is available at select PNB branches.

   Initial deposit requirement	USD500
   Minimum maintaining balance required	USD500
   Minimum average daily balance required to earn interest	USD1,000

9. Euro Savings Account

   This is an interest-bearing Euro account. The account can be monitored by updating your passbook. You can make deposits and withdrawals at PNB branch network. This account is available at select PNB branches.

   Initial deposit requirement	EUR500
   Minimum maintaining balance required	EUR500
   Minimum average daily balance required to earn interest	EUR500

10. Renminbi Savings Account

    This is a Renminbi-denominated, passbook based savings account. You can monitor the account with your passbook. This account is available at select PNB branches.

    Initial deposit requirement	CNY2,500
    Minimum maintaining balance required	CNY2,500
    Minimum average daily balance required to earn interest	CNY2,500

11. Japanese Yen Savings Account

    This is a Japanese Yen-denominated, passbook based savings account. The account can be monitored with passbook. This account does not offer interest. This account is available at select PNB branches.

    Initial deposit requirement	JPY50,000
    Minimum maintaining balance required	JPY50,000
    Minimum average daily balance required to earn interest	NA

12. PNBig Savings Account

    This is a special savings account where you get a higher rate of interest than regular savings account. You can monitor your account with the passbook. The interest rate is tiered and is based on the term. The interest is auto compounded and is credited on the maturity.

    Initial deposit required	P25,000
    Holding period	Minimum – 30 days Maximum – 360 days

    The interest rates for private PNBig Savings Account offered are as follows:

    Amount	30 days	60 days	90 days	180 days	1 year and above
    P10,000 – P49,999	0.25% p.a.	0.25% p.a.	0.25% p.a.	0.25% p.a.	0.25% p.a.
    P50,000 – P249,999	0.375%p.a.	0.375%p.a.	0.375%p.a.	0.50% p.a.	0.50% p.a.
    P250,000 – P499,999	0.50% p.a.	0.50% p.a.	0.50% p.a.	0.625% p.a.	0.625% p.a.
    P500,000 – P999,999	0.625% p.a.	0.625% p.a.	0.625% p.a.	0.75% p.a.	0.75% p.a.
    P1 million – P4.9 million	0.75% p.a.	0.75% p.a.	0.75% p.a.	0.875% p.a.	0.875% p.a.
    P5 million and above	0.875% p.a.	0.875% p.a.	0.875% p.a.	1% p.a.	1.125% p.a.

    The interest rates for government PNBig Savings Account offered are as follows:

    Amount	30 days	31 days – 90 days	91 days – 1 year
    P10,000 – P499,999	0.375% p.a.	0.375% p.a.	0.5% p.a.
    P500,000 – P1,999,999	0.5% p.a.	0.5% p.a.	0.75% p.a.
    P2 million and above	0.75% p.a.	0.75% p.a.	0.875% p.a.

PNB Savings Account Eligibility Requirements

The PNB savings account can be opened by:

• Resident.
• Individual.
• Senior citizens.
• Resident foreigners.

Documents Required for PNB Savings Account

You will have to submit the following documents:

• Driver’s license.
• GSIS ID.
• SSS ID.
• Voter’s ID.
• Passport.
• PRC license.
• 2 ID pictures.
• Account information form.
• Client information form.
• Conditions form.
• Signature card.
• Direct Deposit program - US Social Security I, USTW Checks, and Letter from the US Federal Agencies. 

PNB Savings Account Interest Rates

The following are the interest rates offered for the various Savings Account:

Fees and Charges

The following are the applicable fees and charges:

How to apply for PNB Savings Account?

You can apply for a PNB Savings Account through the following ways:

• Phone: You can call +632-526-3131 to 70 or 891-6040 to 70, +632-573-4580 to know more about the account and find out the process to apply and initiate it.
• You can download the application form and take the duly filled form to the bank.
• Face-to-face: You can find the closest PNB branch on the PNB website and visit the branch where you can meet with the bank representative and learn more about the account before applying for it.

PNB Savings Account Hotline Number

You can reach PNB at +632-526-3131 to 70 or 891-6040 to 70, +632-573-4580. You can also send an email to customercare@pnb.com.ph.

PNB Savings Account FAQs

1. Can I open a foreign currency savings account?

   Yes, you can open a foreign currency savings account with PNB.

2. How can I monitor the savings account?

   You can monitor the savings account by updating your passbook, phone banking, internet banking, and mobile banking.

3. Can I apply for the savings account online?

   You can download the application form online and submit it to the closest PNB Branch.

4. Do I get an ATM with my savings account?

   Yes, you will get a PIN-based ATM card with your savings account.

5. How is the interest calculated?

   The interest is calculated on the amount in your account on a monthly basis. Some savings account offers tiered interest rates.