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Our Peso Savings Account. Easy to access, even easier to maintain. Uncomplicated banking at its best.
Ease of account management
Access your funds, pay bills and transfer money 24/7. Enroll your account to Sterling Bank Online and manage your everyday banking needs anywhere anytime.
Saving while earning interest
An interest-bearing peso deposit account in which earned interest is credited monthly.
Cashless convenience with your ShopNPay Debit Card
Delight in exclusive perks and privileges in over 30 million Visa-affiliated merchants worldwide and 45,000 BancNet-affiliated stores locally.
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:
|
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 | 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 | Php5,000.00 | None |
| Service Fee for Falling Below ADB | Php300.00 | None |
| Maximum Balance | None | |
| Maintenance Fee | None | Php 300.00/month if: a. ADB is less than Php5,000.00; and b. No account movement for the last 6 months |
| Interest Earning Balance | Php5,000.00 | |
| Interest Rate | 0.50% | 0.25% |
| Dormancy Fee | Php30.00 | None |
| Other | With Passbook and ATM Card | ATM Only (Subject to the requirement that the account must have at least a balance of Php1000.00 upon card application.) |
| Book an Appointment | Open an Account | |
Deposit Rates Comparison
As of November 29, 2019
Bank on-the-go
Make transactions on-the-go with Sterling Bank’s mobile app, available on iOS and Android.
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