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solo savings
Solo Savings Account

Our Peso Savings Account. Easy to access, even easier to maintain. Uncomplicated banking at its best.

loan amount
Opening Balance Requirement

Can open an account in any amount

minimum adb requirement
Minimum ADB Requirement


interest earning balance
Interest Earning Balance


interest crediting
Interest Crediting


interest rate
Interest Rate

0.50% P.A.

account access
Account Access

Over-the-counter, ATM, BancNet Online, Sterling Bank Online

solo passbook
Ease of Account Management
Maintaining only one (1) account that has both features of a passbook and ATM savings accounts.
Saving while earning interest
An interest-bearing peso deposit account in which earned interest is credited monthly.
solo passbook
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Passbook and ATM Savings Accounts rolled into ONE

Get access to exclusive perks and promos from Visa every time you use your ShopNPay Visa debit card.

Solo Savings Account Comparison
  Account Opening at the Branch Account Opening through the Website
Eligibility Filipinos (both resident and non-resident OFWs) and Foreign Nationals (residents only)
Application Requirements

For Filipinos: 
1 original valid photo-bearing government-issued ID

For Foreign Nationals, Resident Alien or Non-resident Citizen:
1 original valid photo-bearing government-issued ID or Passport and Alien Certification of Registration (ACR) or Card or Alien Employment Permit (AEP)

Customer just needs to perform the following:

1. Fill out the online account opening form. 
2. Upload/submit a selfie with the ID, front/ back view of the ID, and a photo of the signature.
3. Attend the scheduled video interview.

Opening Balance Requirement Any amount None
Automatic Account Closure None The account will automatically close if no deposit/credit is done within two (2) months after account opening
Required Minimum Average Daily Balance (ADB) to avoid charges Php5,000 None
Service Fee for Falling Below ADB Php300 None
Maximum Balance None
Maintenance Fee None Php300/month if:

a. ADB is less than Php5,000; and
b. No account movement for the last 6 months

Interest Earning Balance Php5,000
Interest Rate 0.50% 0.25%
Dormancy Fee Php30 None
Account Access
  • Passbook
  • ATM card
  • POS terminal
  • Sterling Bank Online
  • BancNet Online
  • Branch (over-the counter)
  • ATM card only (Subject to the requirement that the account must have at least a balance of Php1,000 upon card application.)
  • POS terminal
  • Sterling Bank Online
  • BancNet Online
  • Branch (over-the counter)
  Book an Appointment Open an Account
Deposit Rates Comparison

As of November 29, 2019
how do i apply
requirements background
How Do I Apply


Filipino Citizen

1 original valid photo-bearing government-issued ID
(click here for the list of acceptable IDs)

Foreign National

Passport and Alien Certification of Registration (ACR)
Card or Alien Employment Permit (AEP)

Complete the Account Opening Online Form
Wait for the reference number sent to you through SMS
Visit your selected branch and deposit the specified opening balance
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Open a Solo Savings Account
Bank on-the-go
Make transactions on-the-go with Sterling Bank’s mobile app, available on iOS and Android.
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