Fees & Charges
Tiered Saver Plus
| Service fee for falling Below Minimum ADB for 2 consecutive months – Php 300.00 per month |
| Service fee for more than 2 withdrawals per month – Php 100.00 per excess withdrawal |
| Dormancy fee – Php 30.00 per month (after 2 years of inactivity) |
| Sample Computations |
|---|
| SCENARIO 1: Starting Small (ADB: Php 50,000.00) |
| Interest Rate: 0.1500% per annum |
| Interest Earned (Gross) = Php 50,000 x 0.0015 = Php 75.00 |
| Interest earned net of 20% withholding Tax: Php 60.00 |
| SCENARIO 2: Growing Your Savings (ADB: Php 250,000.00) |
| Interest Rate: 0.2000% per annum |
| Interest Earned (Gross) = Php 250,000 x 0.0020 = Php 500.00 |
| Interest earned net of 20% withholding Tax: Php 400.00 |
| SCENARIO 3: Maximizing Earnings (ADB: Php 6,000,000.00) |
| Interest Rate: 0.3000% per annum |
| Interest Earned (Gross) = Php 6,000,000 x 0.0030 = Php 18,000.00 |
| Interest earned net of 20% withholding Tax: Php 14,400.00 |
| Interest Rates For Tiered Savers Plus | |
|---|---|
| ADB (Php) | Interest Rate (Gross) |
| 5,000.00 - 99,999.99 | 0.1500% |
| 100,000.00 - 499,999.99 | 0.2000% |
| 500,000.00 - 2,499,999.99 | 0.2250% |
| 2,500,000.00 - 4,999,999.99 | 0.2750% |
| 5,000,000.00 - 8,999,999.99 | 0.3000% |
| 9,000,000.00 - 9,999,999.99 | 0.3500% |
| 10,000,000.00 and up | 0.4000% |