Security Bank is one of the top banks in Philippines that offers hassle free and convenient banking solutions. The products and services provided by Security Bank come with a lot of customisation and innovation. The savings accounts offered by Security Bank are designed to meet the needs of the customers. Your money is safe with the bank and you can also earn interest on that amount.
Types of Security Bank Savings Account
There are different types of Savings Accounts offered by Security Bank.
- Easy Account
- eSecure Savings
- Build-up Savings
- Money Builder
- USD Account
- Third Currency
Features and Benefits
The Security Bank Savings Accounts come with a myriad of lucrative features and benefits that cater to all the financial requirements of the customers.
- The opening balance must be at lease Php 5,000.
- The minimum balance required to maintain the account is Php 5,000.
- In order to earn interest on your savings, the balance that must be maintained in your account is Php 100,000.
- The rate of interest that you can earn on your deposits is 0.10 percent per annum
- The low maintenance balance encourages to save your hard earned money.
- You can carry out transactions in POS terminals and ATMs, both overseas and local.
- The account opening process is extremely convenient.
- This particular savings account is specifically devised for the current Peso CASA customers.
- The rates offered with this account are high, which allows you to build your finances fasters.
- You may open up to 10 accounts. You can also keep track of all the accounts for better management of your money.
- Through the online portal of the bank, you can open an account anytime, anywhere.
- The account opening balance and the maintaining balance are quite reasonable.
- This account will offer you four times more interest than the other traditional savings accounts.
- There is no lock-in period. Thus, you can access your money whenever you want.
- You can make unlimited deposits in this account. There is no upper cap.
- In one quarter, you may deposit up to three times.
|Opening Balance||Minimum balance to earn interest||Balance to be maintained||Rate of Interest|
|Regular Build Up Savings||Php 5,000||Php 10,000||Php 5,000||0.50 percent per annum|
|Premium Build Up Savings||Php 50,000||Php 50,000||Php 50,000||1.00 percent per annum|
- The opening balance must be at least Php 10,000
- The minimum balance that must be maintained is Php 10,000
- In order to earn interest, the minimum balance must be at least Php 10,000
- Base rate of interest that can be earned on your savings is 0.10 percent per annum.
- The bonus interest rate that you can earn on a monthly basis is 0.50 percent per annum.
- The bonus rate of interest that you can earn on a quarterly basis is 0.40 percent per annum.
- This account is designed for people who travel a lot, receive or make payments in dollars, make international transactions for leisure or business, or wish to maximize the dollar exchange rate’s strength.
- The opening balance for this account must be at least USD 500.
- The minimum balance that must be maintained in the account is USD 500.
- The rate of interest that you can earn on your deposits is percent per annum.
- These accounts keep your foreign currencies safe.
- The currencies that you can choose are Hong Kong Dollar (HKD), Euro (EUR), Australian Dollar (AUD), Singapore Dollar (SGD), Chinese Yuan / Renminbi (CNY / RMB), Canadian Dollar (CAD), Japanese Yen (JPY) and Korean Won (KRW).
- You can avail a passbook to keep track of your account.
- You may choose to withdraw in a currency of your choice or in Pesos.
- There no dormancy charges associated with this account.
- The opening procedure of the account is very convenient.