Advisory National Observances for the Month of May. Read here.

Young Earner’s Savings Account

PESO ACCOUNT

  • Peso or US Dollar Savings Account for kids and teens aged 19 years old and below
  • Low initial deposit that allows a one (1) year grace period from account opening which builds-up the balance up to the required ADB to earn interest
  • Hiigher interest rate than a regular savings account
  • Initial deposit of P100 or US$50
During Build-Up Period
Initial DepositP100.00
Minimum Daily Balance RequirementP100.00
ADB to earn interestP1,000.00
After Build-Up Period
Initial Deposit
Minimum Daily Balance RequirementP1,000.00
ADB to earn interestP1,000.00

US DOLLAR ACCOUNT

During Build-Up Period
Initial Deposit$50.00
Minimum Daily Balance Requirement$50.00
ADB to earn interest$100.00
After Build-Up Period
Initial Deposit
Minimum Daily Balance Requirement$100.00
ADB to earn interest$100.00

DBP Deposit Requirements and Bank Service and ATM-Related Charges

Applicable Final Tax on Interest on Deposits

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Would you like to inquire further about these products and services?
Call Customer Service at (02) 683-8324 or Email: customerservice@dbp.ph

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