BPI's Maxi Saver?

[CmomS]

^ last week ako sis nag inquire kay BPI Family and sabi sa akin is 1.1% yung interest plus yung 1% kapag di nagwithdraw. Kay BPI direct naman is 1.25% plus 1% kapag di nagwithdraw

[+aeon_flux+]

i have an International account with BPI Family and planning to open a Maxi-Saver account. based sa website kasi ng BPI:

Maxi-Saver with ATM BPI Direct:
50K-299,999 = 1% Interest rate (per annum)
300K-499,999 = 1.125% Interest rate (per annum)
500K-999,999 = 1.25% Interest rate (per annum)

Maxi-Saver with ATM BPI Family:
25K-299,999 = 1.125% Interest rate (per annum)
300K-499,999 = 1.25% Interest rate (per annum)
500K-999,999 = 1.375% Interest rate (per annum)

lahat sila with 1% BONUS p.a. if no withdrawal within a month.

when i inquired at BPI Direct Enterprise Center last week to confirm, tama naman yung rates na sinabi nila. try ko rin mag inquire sa BPI Family to confirm the rates.

[CmomS]

^ talaga sis? Mas ok yun since may BPI Family Account na ko. Good news to me. Kaso bakit kaya sabi ng teller sa akin is 1.1% lang si Family

chineck ko ulit yung internet today kaso 1.250 rin ang nakita kong rate ni BPI DIrect for 25,000 - 299,000

Nakakalito naman

[+aeon_flux+]

naku sis, my mistake. di pala BPI Direct yung rates ko sa taas, BPI lang sya.

i correct ko lang, for Maxi-Saver with ATM BPI Direct:

Maxi-Saver with ATM BPI Direct:
25K-299,999 = 1.25% Interest rate (per annum)
300K-499,999 = 1.375% Interest rate (per annum)
500K-999,999 = 1.5% Interest rate (per annum)

lahat sila with 1% BONUS p.a. if no withdrawal within a month.

question ko lang is saan ba pwede mag inquire for BPI Direct? Wala akong makitang branches e. Interesting kasi mataas ang p.a. interest sa Direct.

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to answer my question, virtual bank lang pala ang Direct. pwede din pala ako maginquire sa BPI na mismo.

Does BPI Direct have branches?

Being a virtual bank, BPI Direct does not have any brick and mortar branch.  We operate online and over the phone.  However, we are also supported by the branches of BPI.  Like when you opened your BPI Direct account, you were requested to nominate your Branch of convenience.   This is the branch where you will present your identification papers, sign your account opening documents and pick-up your BPI Direct Express Teller ATM Card. This branch will also service your over-the-counter transactions like deposits and withdrawals when amounts exceed the ATM withdrawal limits.

[electricpink17]

mga sis.. pwede kaya convert ang regular SA to maxi saver? sayang kasi interest, dadagdagan ko sana savings ng mom ko pero gusto ko naka maxi saver na sya. tia!

i think they'll close your savings tapos open ka ng maxi saver account.

meron din akong ganito and okay na din siya kesa naman ibulok ang money ko sa regular savings na .5% (?) , basta less than 1% lang ang interest. atleast additional 1% every month pag walang withdrawal.

[geliq]

I'm confused... which is better, BPI Family or BPI Direct?  Not just for Maxi Saver, but in general?  Is BPI Direct a risk because it does not have a physical branch? Parang mas ok kasi yung interest rates, ADB nila eh...

[CmomS]

^ ang explanation sa akin sis ng teller dun sa BPI, mas mataas daw ang interest rates ni Family and Direct kasi SAVINGS BANK sila. Yun yung pinaka-inooffer ng mga bank na un unlike si BPI na may iba pang inooffer na products.

[prinzesin]

ive started last december 2010 with inital deposit of 90k then now, ive 200k, my interest is almost 4800. super liit pero ok na rin at least safe ang savings mo.

[prettychestnut]

^ wow. good job. at least meron. =)

[marssie]

Yung "1% BONUS p.a. if no withdrawal within a month" naguguluhan ako, kunyari nagopen ako last August, september, october wala pa ring withdrawal,  then by November nagwithdraw naman ako..entitled parin ba ako sa 1% per annum?

[mxherr5]

Yes, its + 1% per annum or year but is credited monthly.

Simplistic example

Let's say you have 50k

At the end of Month 1 if you have no withdrawals you'd get
75 pesos which is computed by
getting the annual interest rate of 2.25% dividing it by 12
which gives you roughly 0.1875% per month
Take out 20% as withholding tax, then multiply it by 50,000.

If at the end of Month 2 you deposited 1k then promptly took out
in the same month, that means you won't be getting the 1% bonus
So you'd get 41.6 pesos which is computed in the same manner
above but instead of 2.25%, you use 1.25%

I hope that made sense

[Dhee-Dhee]

i think they'll close your savings tapos open ka ng maxi saver account.

thanks sis!

mga sis, ok lang bang lumagpas ng 500k yung nasa maxi saver ko? kasi diba kung sakaling magkaron ng problem ang BPI, ang insured lang is 500k? ibig sabihin ba nun yung sobra sa 500k possible na di makuha or pahirapan before makuha? sorry, noob question.

[marssie]

^^mxherr5, thanks bro 

[mxherr5]

@ marssie, no prob.

@dhee, as far as I know, what happens is PDIC would
liquidate all of the banks assets, pay off debts, etc.
And if there's still money left, its divided among those
depositors that had over 500k.

So, its still possible to recover your money even if
its over 500k

[Dhee-Dhee]

^nice.. thanks for the info.

[marssie]

^

Opo pwede pero the point is, with a court order, halos lahat rin
ng mga properties mo ay magagarnish.. 

Nye ngayon ko lang nabackread to.. Medyo OT pero since opening of account sa BPI and purpose ko, patawad na rin 

so pag may court order, pwedeng magarnish ang account sa bank pag may utang ang husband mo (even before marriage?) Pero nagbibigay ba ng court order ang bank sa mga may unpaid CC? Diba tinatransfer na nila to sa mga  collection agency.

[beach]

PDIC coverage is 500k per person per bank. So if you have a Maxi-Saver na 500k and another Savings with BPI also na 250k, you are still only covered ng 500k. Kasi per person per bank sya, not per account.

What my Dad did was to put some of his money in my name para covered... true enough, nag-close yung bank na yun, pero nakuha nya lahat ng pera nya through PDIC kasi he put the amount beyond 500k under my name.

[sheng_kah]

san po mag oopen ng direct maxi savet? d ko po kasi alam kung saan

[babae_po_ako]

Any bpi branch medyo malaki n opening ngayon 50k atm and 75k passbook

[summersunder]

i inquire kanina sa bpi, 50k atm then 75k passbook. then sabi same lang daw interest rates ng bpi or bpi family.

san ba mas ok? totoo ba yun?