BPI Direct Account: As low as Zero maintaining balance!

Do you want have a savings account but don't want a high maintaining balance? Typically, banks require at least ~3000 pesos average daily balance (ADB) on a savings account. If the ADB falls below that, a monthly penalty amounting to around 150 pesos will be deducted from your balance. If you continue failing to meet the ADB, the penalty will soon deplete your account and eventually, it will be closed.


Well, here's a good news! Bank of the Philippine Islands' subsidiary BPI Direct is offering a savings account with a maintaining balance of as low as 0 pesos. Yes, you read it correctly.  The name of the account is BPinoy Savings. But here's a little condition. There must be at least one remittance transaction every three months.

If you can't meet that small requirement, there's another type of savings account: BPI Direct Express Teller Savings Account. The maintaining balance is 500 Pesos.

How to apply?

What makes BPI Direct really nice is that you can apply online! Also, you don't have to be in the Philippines to apply. BPI Direct accounts are specially made for workers that are far away from their families like OFWs. To apply, just log on to www.bpidirect.com or www.bpiexpressonline.com and choose BPI Direct.

Update: The online application facility is temporarily unavailable. Customers are advised to go to the nearest BPI or BPI Family Savings Bank branch..



Claiming the ATM Card

You can claim the card personally or through a representative.



For more details just log on to BPI's official website www.bpiexpressonline.com or www.bpidirect.com.

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Comments

  1. how to get savings account from ur end?

    ReplyDelete
  2. what if you have already withdraw the maintaining balance Php500, what will happen?

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  3. @sielthiel: your account will be closed, i think

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  4. if I withdraw the maintaing balance Php500, how soon should I replace it so that my account won't be closed? a day? a week? pls. let me know.

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  5. @sielthiel: I'm not sure. Please call BPI @ 89-100 or 1800188889100

    ReplyDelete
  6. I opened a BPI Express Teller account last dec. But then, my balance is below the maintained bal. what will happen?? Is it ok to withdraw all my savings through an ATM machine. Is that fine? I am quite scared that BPI might still be charging fees under my name because of improper way of closing my account (if there is such thing).

    Does this apply to BPI Direct too?

    ReplyDelete
  7. If you withdraw all your balance through ATM, your account will automatically be closed. No extra changes.
    Same is true with BPI direct.

    ReplyDelete
  8. Hi, would you know if you can use a BPI Direct Express Teller account to verify Paypal?

    ReplyDelete
  9. I heard about it, but I'm not sure how...please call BPI at (02) 89-100 for info.

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  10. hi, I'm confused, I read online that once my atm account is below minimum, every month 200 php is deducted, but when I went to the teller to ask about this, he said that, they'll only deduct the 200 once regardless of how many months it has being below minimum, the thing is, last October 2010 was the last time I had money in there, so I'd like to know what will happen if I put money in there, thank you...

    ReplyDelete
  11. in this month and year how much is the maintaining balance on BPI bank ATM??

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  12. hi. do they really not show the remaining balance in the receipt if you transacted for instance in opening your expressonline account?

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  13. how much is the maintaining balance for BPI Express teller?..

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  14. what if you have already withdraw the maintaining balance Php500, what will happen? And how to open a closed account because of having a 0 balance?

    ReplyDelete
  15. i have my account for almost half a year with 0 maintaining balance and yet it is still usable

    ReplyDelete
  16. magandang tangahli po,! nais ko lng po magtanong hinihiling ko po ang inyong kasagutan.Buwan2x po akong pinapadalahan ng pera galing qatar,ngaun po ng balance inquier po ako,ang lumabas ay temporary unable,nagun pumunta po ako ng main office BPI,nagtanong po ako kung bakit,ang sabi skin zero balance po ako kaya cia nag closed account,taz ngaun nag ok na po yung atm ko,.Ang tanong ko po automatic po bang papasok yung perang pinadala skin sa account ko ngaun na nag ok na cia,? Marami pong slamat Godbless.!

    ReplyDelete
  17. good eve poh ask lang poh kung open pa ba tong atm ko sa bpi
    kc last year 2011 pa sya wla ng depost,tas ung balance mga 1plus atah or 200 plus...till now d ko na poh sya na open. d ko na po sya an icheck....ang tanung ko if activate paba sya? last 2011 pa sya wla ng deposit mga month of apri til now .pls reply.

    ReplyDelete
  18. magadang araw po... tanong ko lang po... magkano po ba ang Daily maintaining balance?... kung P500. - nalang po ang natitira sa BPI ATM ko, ok lang po ito? Hindi po ba ito mauubos ng Tax? ...

    Salamat po sa magiging reply nyo sa akin....

    ReplyDelete
    Replies
    1. for BPI Direct - 500 pesos
      for ordinary BPI account - 3000 Pesos

      Delete
  19. gud pm poh....kung halimbawa poh may BPI Express teller na ako..pwede p poh b mag apply sa bpi direct savings account? tnx poh...God bless :)

    ReplyDelete
    Replies
    1. gud pm i open an atm zero mntaining balance today and i submit the req and the teller said to deposit any amount but i dont have the card yet she said i will get the card next week,7 days to get the card is that true thanks...

      Delete
  20. Hope you respond guys! I have my savings account and I withdraw even the maintaining balance of 500 last december2011 I guess. I am not sure if it is still open and if I will be charge for extra fees?? Please respond..

    ReplyDelete
    Replies
    1. check with BPI. They have a penalty of about 200 if you are below maintaining balance. But in your case, since you cash out everything, I'm not sure if your account is still active. Here's the contact numbers:
      Manila: 89-100
      Toll Free (non-manila): 180018889100

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    2. Is the 200 penalty every month or just once?

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    3. I think every month (not sure)

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  21. good morning po! gusto ko lang po malaman kung yung bpi express teller account po ba may bayad everytime na gagamitin kahit sa bpi na atm machines? gusto ko po kasi mag open tapos pano po kung wala ko billing statement pero may 2 ID po ako? hope for your reply... Thanks. :)

    ReplyDelete
    Replies
    1. no charge if used in BPI ATM Machines

      Delete
  22. eh yung billing statement ok lang po ba na ID lang? Thanks.

    ReplyDelete
  23. if representative will be the one to pick-up the atm what requirements are needed?

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  24. I'm not sure but I think a letter of authorization with your ID (and his/her ID as well) will do. Please check by calling 89100

    ReplyDelete
  25. is it ok if i only have 2 valid id? can i open without billing statement but my address was also written on my voters id.

    ReplyDelete
    Replies
    1. Billing statement is.one of the requirement.you should.have one.

      Delete
  26. HI POH.PLEASE HELP NAMAN.GUTO KONG MAG APPLY SA BPI NG bpi direct savings account KASO PAG TINITINGNAN Q SA WEBSITE NILA ANG DAMI CHOICES UNDER SA DIRECT SAVINGS ACCOUNT-http://www.bpidirect.com/download .WHICH ONE SHOULD I CLICK? NAGWOWORK POH KASI KOSA ODESK(SA DI NKAKA ALAM , US BASED ONLINE JOB SITE). NERERECOMMEND NLA SAKIN NA BPI DIRECT SAVINGS ACCOUNT DAW E OPEN KO..KASO NAKAKALITO DAMI CHOICES

    ReplyDelete
  27. I recommend BPI Direct Savings Account, because the maintaining balance is just 500 pesos

    ReplyDelete
    Replies
    1. gdevening maam.. ask ko lang na kapag mag open kanang account magkano ang entrance nyo tapos maakano din ang i deposit ko every month??????

      Delete
    2. nakuha q na BPI DIRECT EXPRESS TELLER quh 2 months ago.. Wla mdali lang pagkuha. school id staka branggay clearance lang pinakita quh.. Taz iba pla ang bpi kelangan 500 minnimum e withdrw..

      Delete
  28. Can you convert a regular BPI savings account into a Direct Savings account?

    ReplyDelete
  29. Is it possible to open a direct savings account w/o a TIN number? Please reply ASAP.

    ReplyDelete
    Replies
    1. YES YOU CAN WITHOUT TIN..JUST READ THE ANSWER FROM THE LINK = http://ph.answers.yahoo.com/question/index?qid=20100928231645AAYxtXt

      Delete
  30. Hi, can you please help me in opening account in BPI, I confuse which of the two will I open in BPI DIRECT SAVINGS ACCOUNT =
    1.) BPI Direct "Express Teller" Savings,
    2.) BPI Direct "BPInoy savings" Savings,
    3.) BPI Direct "Maxi-saver" Savings,
    4.) BPI Direct "Save-up automatic savings+insurance" Savings,
    WHICH IS THE FOUR CHOICES OF BPI DIRECT SAVINGS ACCOUNT= http://www.bpidirect.com/download
    ..what should i choose in order for me to transfer my earnings from odesk?and have only 500 maintaining balance..please help me

    ReplyDelete
  31. The BPI Direct Express Teller. I think they have changed the name recently

    ReplyDelete
  32. ask lang po,.,magcloclose po ba un bpi express teller ko if di ako mgdedeposit atleast 2 months na ko di nagdedeposit dun,.,.pero i have 5k dun sa atm ko...thanks po

    ReplyDelete
  33. ahm ask ko lang kapag ma open kanang account ang sabi ninyo po ai 500 ang i deposit mo. mangkano ang buwan na e deposit ko....

    ReplyDelete
  34. Hi I have a very unique question...And Ive already search all over the net and no threads regarding this matter. Anyway, I'm thinking of getting a BPI express start CC (secured credit card w/ 10k min. deposit). However, instead of having it as time-deposit, I wanted to have it for maxi-saver since 25k @ 1.25% interest + 1% bonus if no withdrawal w/n a month. So the question would be: How much will I get after a year if I can already redeem my money for a secured cc 1yr period? Am I correct with this?(25k 1.25%+1%=2.25%/month thus, 25K x 2.25% x 12mos. = 6,750? so I'll get P31,750 by then?) And second question is: Since the interest is credited monthly for maxi-saver account, will it add your 80% credit limit on your secured card account?example: 25K x 2.25%=P565.5 total 25,565.50 x 80%=P20,450 new credit line from P20K only the previous month? Please let me know if I'm correct... It's good to be sure...It seems that the BPI agent didnt get what I meant when I called.

    ReplyDelete
    Replies
    1. It will be 25k x 2.25% = 562.50 earnings only. Because 2.25% is per annum or per year. NOT per month.

      Delete
  35. This comment has been removed by the author.

    ReplyDelete
  36. how many days po mag coclose ang atm ko pag na withdaw ko na ang maintaing balance?

    ReplyDelete
  37. what if i only have P89 in my acount?

    ReplyDelete
  38. hi magdedeposit sana ko kanina sa bpi sa acct.ng asawa ko kaya lang naclosed acct.na daw dahil nagzero balance na pwede ko ba ipa re open yun kase wala dito husband ko...kailangan ko kase madeposito yung mney

    ReplyDelete
  39. Hi. Wat is the difference between bpinoy and pbi express teller?? Which one is better? Kasi papadalhan ako galing sa ibang country?? Thanks. Plz rply.

    ReplyDelete
  40. Hi im just confused? Which one is better bpi direct account or bpinoy? And what is bpinoy?? Hope to hear from you. Thanks.

    ReplyDelete
  41. gudpm po ask ko sana kung mag oopen ako ng account sa BPI magkano po ang initial na kailangan ko ihulog, and wat klaseng account po aaplyan ko, gusto ko lang sana mag ipon tru ATM or passbook sana. salamat po.

    ReplyDelete
  42. how much if you will open an ATM account?

    ReplyDelete
  43. how much the penalty a month

    ReplyDelete
    Replies
    1. Penalty a month is 300 pesos if u failed to maintain a balance of 3000 pesos. Bpi said it started last june 2012 pa daw. Sobrang laki ng maintaining balance, and laki ng charge

      Delete
  44. Penalty a month now is 300 pesos so i becAme furious when i saw that two of my accounts were charged 300 pesos. So thats a total of 600 pesos' mejo matagal din bakante yung atm card accounts q na yun. Years na pero dipa nagcclose kaya nung naisipan q magsave sa account abay nabawasan!!!! They are PG. when i contacted BPI charges daw yun dahil ang maintaining balance is 3000 pesos na. Biglang laki naman ng maintaining balance. Mga patay gutom talaga

    ReplyDelete
  45. Hello, can i ask something? im a student po, Nag open po ako ng BPI Express Teller, sabi po sa akin, bale meron daw po yung maintaining balance na 3000, since may ipon po akong 3500, pinasok ko na po yun lahat sa account ko, and then nagdeposit po dun yung tatay ko ng 2000 para sa allowance ko po, bale nagwithdraw po ako ng 500, nagguguluhan po kc ako sa total balance at available balance? Ang T.balance po kc ay 5000 at ang avail.balance ay 4500, ibigsabhin po b nito ay 4500 nalang yung mawiwithdraw ko at hindi na 5000 n kabuuan ng pera ko?

    ReplyDelete
    Replies
    1. not really sure what happened to your account but here's some information:
      total balance means your total money. This is yours.
      available balance are the money you can withdraw at the moment.

      Why the difference? I'm not sure why. Based on past experience, the available balance will eventually become the same as the total balance. Did your father deposited a check from other banks? If he was, then it should take 3 banking days of clearing before it becomes part of your total balance.


      hope this helps.

      Delete
  46. Ung bpi express teller poh bah ung minimum balance dpt nya eh 500

    ReplyDelete
    Replies
    1. No. That's the BPI Direct Deposit.

      Delete
  47. Hello po anong atm account b dpat sa pde gamitin as saving account at pede din sa remittancea...ksi nagiguluhan aq saka voyers id lang meron aq n.so ..pde din b un resibo sa pagbbyad ng motor loan ....or unmga resibo ko sa remittances kaso oldn xa..tnx

    ReplyDelete
  48. Gusto ko po kasi talaga mag open ng account kaso diko alam alin ang dpat saka mejo alanganin po aq bka nd pde ang voters at n.s.o lang ...

    ReplyDelete
    Replies
    1. My advise would be to go to the nearest BPI and ask them which account is best for your need. A simple savings account is okay for some but maybe they have better options for you.

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    2. Yung saving accounts po ba pde din gamitin as remittance tnx po

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    3. You can try BPInoy Savings. I think your NSO ID as well as Voters ID will be allowed. Just go to the branch and bring whatever bills you have and then your available IDs.

      Delete
  49. Hello po, im interested in direct express teller, do i have to deposit monthly in my acct to avoid penalty? If so, how much would it be? Is it true that if it reaches 10k then thats the only time interests will start to accumulate?ty po

    ReplyDelete
  50. hello po, is it possible that my BPI ATM card will close even if I have 100K in my accnt. because im afraid its almost 1 year and 1month that i didnt check or deposit a money in my accnt,,

    ReplyDelete
    Replies
    1. i dont think it will close for the reason you stated.

      Delete
  51. Ka aaply ko lng po this sept.nag open po ako ng atm card ko.ung 500 at ung 3000 po ay maaaring maiwidraw? At kailan PD? Pwed nga po ba maiwidraw?

    ReplyDelete
  52. yes..you can withdraw ur money anytime but your account may close if yyou didn't maintain your minimum average daily balance(adb)...if you applied for a BPI direct account the adb should be at least 500 pesos. If you apply for a regular ATM savings, the adb is 3000. If your adb falls below the limit, they will deduct a penalty of 250 pesos per month until your balance turns 0. If that happens, your account will be closed.

    ReplyDelete
  53. hi . i have this express teller account po na i got 3 or 4 years ago . it was bpi promo and the initial deposit was 250 pesos . i went to the bank earlier to ask if its still activated coz it been a year or more since i deposit money from it . i had the maintaning balance of 200 in it so it is still open . i deposit some money on it today . are they going to deduct it monthly coz its been so long since i deposit from it ?

    ReplyDelete
  54. This comment has been removed by the author.

    ReplyDelete
  55. Hello.. Anu poh ang pag kakaiba ng..

    BPI Direct and ordinary BPI account

    Thank you

    ReplyDelete
  56. Nag email na yung BPI, available for pick up yung ATM card ko (bpidirect) kaso di ko pa sya mapupuntahan, pwde kaya next month ko kunin yung ATM? Nag email din ako, di pa kc nagre2ply.
    TIA

    ReplyDelete
  57. good day, meron po akong bpinoy atm card tanong q lng po puede po bng malaman ang list of withdrawals last october 2014 knino ko po puedeng itanong.salamat po.

    ReplyDelete
  58. Good morning po! Ask ko lang po kung anu nangyari sa savings account ko.
    I check it thru ATM and online ang nkalagay sa available balance="zer(0)", at sa current balance ko ay 5000.
    I tried to widthraw thru ATM..pro "zero" pa din ang available balance.
    makukuha q pa po kaya ung mga na.deposit q?.. medyo kabado na po aq..
    pls..i really need help.. thanks po..
    ..ordinary savings po inopen q..

    ReplyDelete
  59. ung account ko zero maintaining balance.. ung BPI express teller easy savers ang tawag. pero kada withdraw may charge na 5php. pero siguro mabuti na rin un kesa macharge ng 300 dahil nagbelow maintaining balance.
    250 ang open account tapos ung amount na ipapasok nila sa account mo ay pede mo mawithdraw basta dagdagan mo lang para umabot sa 505 pesos.. 500 kasi minimum withdrawal at 5pesos ang charge.

    ReplyDelete
  60. Please reply po. Pwede po ba mag open ng bpi direct express teller sa kahit saang branch ng bpi? O sa online lng po? Please reply.

    ReplyDelete
    Replies
    1. Online only. But you will submit the requirements at the branch

      Delete
  61. Hi po..gusto kopo sanang mag open ng atm sa bpi..for savings lang po..may nagpapadala po kc sakin from manila.wich account po kaya pwede ko iopen?

    ReplyDelete
    Replies
    1. express teller, BPI direct. Newer products are available now for your specific needs, Please check out https://www.mybpimag.com/index.php?option=com_content&view=article&id=572&Itemid=696

      Delete
  62. Hello Sir, I have BPI Direct Express Teller and not used for almost 10 months and zero po yung balance ko, Nawithdraw ko kasi yung 500 na balance. Tanong ko lang , magkano fees monthly? or any additional fees? I've been searching all the net and can't find the answer. Nakita ko blog mu and buti madami din concern about this BPI . Since it's already 2015 and some questions are way back 2012 pa. Pa update naman ng tanong ko :(

    ReplyDelete
    Replies
    1. Thanks po pala =)

      Delete
    2. I'm not really sure but here's what I know. Every month that you fall below the ADB (average daily balance), you will have a penalty of 150 pesos until all funds were exhausted and then they will close your account. So maybe, the question is whether your account is still active or was already closed down.

      Delete
    3. I think BPI express tellers ADB is 3000 pesos.

      Delete

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