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..
For more details just log on to BPI's official website www.bpiexpressonline.com or www.bpidirect.com.
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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how to get savings account from ur end?
ReplyDeletewhat if you have already withdraw the maintaining balance Php500, what will happen?
ReplyDelete@sielthiel: your account will be closed, i think
ReplyDeleteif 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.
ReplyDelete@sielthiel: I'm not sure. Please call BPI @ 89-100 or 1800188889100
ReplyDeleteI 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).
ReplyDeleteDoes this apply to BPI Direct too?
If you withdraw all your balance through ATM, your account will automatically be closed. No extra changes.
ReplyDeleteSame is true with BPI direct.
Hi, would you know if you can use a BPI Direct Express Teller account to verify Paypal?
ReplyDeleteI heard about it, but I'm not sure how...please call BPI at (02) 89-100 for info.
ReplyDeletehi, 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...
ReplyDeletein this month and year how much is the maintaining balance on BPI bank ATM??
ReplyDeletehi. do they really not show the remaining balance in the receipt if you transacted for instance in opening your expressonline account?
ReplyDeletehow much is the maintaining balance for BPI Express teller?..
ReplyDeletewhat 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?
ReplyDeletei have my account for almost half a year with 0 maintaining balance and yet it is still usable
ReplyDeletemagandang 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.!
ReplyDeletegood eve poh ask lang poh kung open pa ba tong atm ko sa bpi
ReplyDeletekc 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.
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? ...
ReplyDeleteSalamat po sa magiging reply nyo sa akin....
for BPI Direct - 500 pesos
Deletefor ordinary BPI account - 3000 Pesos
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 :)
ReplyDeleteyes, you can
Deletegud 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...
DeleteHope 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..
ReplyDeletecheck 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:
DeleteManila: 89-100
Toll Free (non-manila): 180018889100
Is the 200 penalty every month or just once?
DeleteI think every month (not sure)
Deletegood 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. :)
ReplyDeleteno charge if used in BPI ATM Machines
Deleteeh yung billing statement ok lang po ba na ID lang? Thanks.
ReplyDeleteif representative will be the one to pick-up the atm what requirements are needed?
ReplyDeleteI'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
ReplyDeleteis 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.
ReplyDeleteBilling statement is.one of the requirement.you should.have one.
DeleteHI 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
ReplyDeleteI recommend BPI Direct Savings Account, because the maintaining balance is just 500 pesos
ReplyDeletegdevening maam.. ask ko lang na kapag mag open kanang account magkano ang entrance nyo tapos maakano din ang i deposit ko every month??????
Deletenakuha 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..
DeleteCan you convert a regular BPI savings account into a Direct Savings account?
ReplyDeleteIs it possible to open a direct savings account w/o a TIN number? Please reply ASAP.
ReplyDeleteYES YOU CAN WITHOUT TIN..JUST READ THE ANSWER FROM THE LINK = http://ph.answers.yahoo.com/question/index?qid=20100928231645AAYxtXt
DeleteHi, can you please help me in opening account in BPI, I confuse which of the two will I open in BPI DIRECT SAVINGS ACCOUNT =
ReplyDelete1.) 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
The BPI Direct Express Teller. I think they have changed the name recently
ReplyDeleteask 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
ReplyDeleteahm 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....
ReplyDeleteHi 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.
ReplyDeleteIt will be 25k x 2.25% = 562.50 earnings only. Because 2.25% is per annum or per year. NOT per month.
DeleteThis comment has been removed by the author.
ReplyDeletehow many days po mag coclose ang atm ko pag na withdaw ko na ang maintaing balance?
ReplyDeletewhat if i only have P89 in my acount?
ReplyDeletehi 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
ReplyDeleteHi. Wat is the difference between bpinoy and pbi express teller?? Which one is better? Kasi papadalhan ako galing sa ibang country?? Thanks. Plz rply.
ReplyDeleteHi im just confused? Which one is better bpi direct account or bpinoy? And what is bpinoy?? Hope to hear from you. Thanks.
ReplyDeletegudpm 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.
ReplyDeletehow much if you will open an ATM account?
ReplyDeletehow much the penalty a month
ReplyDeletePenalty 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
DeletePenalty 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
ReplyDeleteHello, 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?
ReplyDeletenot really sure what happened to your account but here's some information:
Deletetotal 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.
Ung bpi express teller poh bah ung minimum balance dpt nya eh 500
ReplyDeleteNo. That's the BPI Direct Deposit.
DeleteHello 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
ReplyDeleteGusto 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 ...
ReplyDeleteMy 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.
DeleteYung saving accounts po ba pde din gamitin as remittance tnx po
DeleteYou 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.
DeleteHello 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
ReplyDeletehello 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,,
ReplyDeletei dont think it will close for the reason you stated.
DeleteKa 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?
ReplyDeleteyes..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.
ReplyDeletehi . 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 ?
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteHello.. Anu poh ang pag kakaiba ng..
ReplyDeleteBPI Direct and ordinary BPI account
Thank you
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.
ReplyDeleteTIA
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.
ReplyDeleteGood morning po! Ask ko lang po kung anu nangyari sa savings account ko.
ReplyDeleteI 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..
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.
ReplyDelete250 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.
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.
ReplyDeleteOnline only. But you will submit the requirements at the branch
DeleteHi 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?
ReplyDeleteexpress 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
DeleteHello 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 :(
ReplyDeleteThanks po pala =)
DeleteI'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.
DeleteI think BPI express tellers ADB is 3000 pesos.
Delete