Time Deposit Rates

Posted By admin On 19/07/22

Online submission for Time Deposit requests. Due to the COVID-19 outbreak, we will accept your online requests to withdraw or amend your Time Deposit instructions without visiting our branches. Plus, enjoy our promotional interest rate when you apply for a SGD Time Deposit. A time deposit, or a certificate of time deposit, is an interest-bearing bank deposit that has a specified date of maturity. It is a bank account type option for customers who would like to deposit available. Greenmarket Time Deposit; Term: 30-360 days: Interest Rate: Upon Maturity: Min. Deposit: USD 1,000: What our Customers Have to Say. Thank you, PNB, for your excellent service and for being my first.

  1. Time Deposit Rates Bdo
  2. Union Bank Time Deposit Rates

Time deposits are safe

If you are looking for an investment but afraid of the risk of losing money, then time deposit is just the right investment for you.

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ICON 2018 — May 26, 2018
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What is a time deposit?

A time deposit is an interest-bearing form of bank deposit that has a specified time of maturity. It requires the customers to deposit a certain amount of money in a bank and wait for it to mature or earn interest without any withdrawals. Interest earnings are determined quarterly, monthly, or annually. Although the amount you deposited will be inaccessible until the end of your time deposit (withdrawing the amount before a specified period of time will incur certain penalties), you will still have regular cash-flow in the form of interest payments.

Leading banks

In the Philippines, there are a number of banks to consider if you want to make a time deposit. Although, for all banks it is common that your earnings are higher if you invest a higher amount for a longer period time, there are banks with relatively higher time deposit rates than others. Below is a list of the best banks to include in your bowl of choices if you ever think of putting your excess money in time deposit.

1 year (12 months) Time Deposit of Php100,000 (as of March 29, 2018)

  1. Security Bank Peso Time Deposit

  • Interest rate: 2.01%
  • Investment returns: Php1,608
  • Estimated payout: Php101,608

  1. EastWest Peso Time Deposit

  • Interest rate: 1.75%
  • Investment returns: Php1,400
  • Estimated payout: Php101,400

  1. PBCOM Regular Time Deposit

  • Interest rate: 1.50%
  • Investment returns: Php1,200
  • Estimated payout: Php101,200
Time Deposit Rates

  1. RCBC Regular Time Deposit

  • Interest rate: 1.38%
  • Investment returns: Php1,100
  • Estimated payout: Php101,100

  1. Maybank Classic Time Deposit

  • Interest rate: 1.25%
  • Investment returns: Php1,000
  • Estimated payout: Php101,000

6. Security Bank Peso Time Deposit

  • Interest rate: 1.20%
  • Investment returns: Php960
  • Estimated payout: Php100,960

7. Chinabank Diamond Savings

Time Deposit Rates Bdo

  • Interest rate: 1.00%
  • Investment returns: Php800
  • Estimated payout: Php100,800

8. UnionBank Peso Time Deposit

  • Interest rate: 0.88%
  • Investment returns: Php700
  • Estimated payout: Php100,700

9. Metrobank Peso Regular Time Deposit

  • Interest rate: 0.88%
  • Investment returns: Php704
  • Estimated payout: Php100,704

10.CTBC Peso Time Deposit

  • Interest rate: 0.85%
  • Investment returns: Php680
  • Estimated payout: Php100,680

These are only the best choices depending on the interest rates. If you have other factors to consider, such as the proximity and accessibility of the bank to your home/workplace, then your options may vary. Furthermore, some banks sometimes offer promotions including a surge of their time deposit interest rates. You may also want to watch out for these. Of course if you want growth the stock market is still the best place where you can make your money grow over the long term.

Union Bank Time Deposit Rates

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