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A time deposit that earns higher than a regular savings deposit over a fixed term period of up to one (1) year.
Min. Placement Amount
Php500,000
Term of Placements
30, 60, 90, 180 or 360 days
Proof of Ownership
Solo Savings Plus Passbook
Pre-termination
Subject to pre-termination charges
Interest Rate
See deposit rates
Account Access
Over-the-counter transactions (branch of account)
Detailed Issuance
Issuance of a time deposit certificate with details of its placement amount, interest rate, term, and maturity date.
Secured Investment
A secured investment as the expected income is committed by the bank
Comes with Special Savings Account Passbook
Issuance of a passbook to record all your placement amount and applied interest rate.
Interest Rate
As of November 29, 2019
How Do I Apply
Requirements
For Resident Citizen, Non-resident Citizen and Resident Alien
1 original valid photo-bearing government-issued ID
Passport and Alien Certification of Registration (ACR)
Card or Alien Employment Permit (AEP)
1
Complete the Account Opening Online Form
2
Wait for the reference number sent to you through SMS
3
Visit your selected branch and deposit the specified opening balance
Bank on-the-go
Make transactions on-the-go with Sterling Bank’s mobile app, available on iOS and Android.
Online Banking