BPI's Maxi Saver?

[helenoftroy2013]

Grabe ang baba na ng interest rate ng BPI Maxi-saver at Advance. Ang Maxi-saver 0.25% nalang plus 0.5% tapos ang Advance 0.75%. Halos parehas na sila ng rate ng regular savings account.

http://info.bpiexpressonline.com/bpiprod/produpd.nsf/Deposit+Rates/DepositRates1

[momentum]

Finally took half of my savings in Chinabank (kung saan nabubulook at inaamag dun) and put it in here sa Maxi Saver. Sabi sakin, within a year 1% daw interest, which is .5% the usual per annum interest tapos kapag walang withdrawal another .5% kaya nagiging 1% siya. Well, better naman kesa sa lecheng Chinabank na yan. since 2010 pa pera ko dun pero amag na amag na!! walang pagbabago! sana dito ko nalang nilagay, malamang marami na sana na-gain  Oh well

Dito ko muna nilagay habang naghahanap ako ng mas ok. Better than BDO.

[marssie]

Instead of Maxi-Savers, I am more interested in BPI Direct Save-Up account with Insurance.  I hope someone can share his/her experience with this kind of savings account. Advantage/disadvantage.

[ann08]

^^ nakakarelate sis, same sentiments. Sa chinabank stagnant or ganun ata kapag regular savings? Even TD is not reasonable sa baba. Sample nalang yung 500k for 5 mos 5K interest or malaki pa yun? :/

[momentum]

I pulled out my BPI maxi savers 2 weeks ago. why? because the stup*d woman who attended to me said after a week of opening it is nag-iba na daw yung maintaining balance..from 50k it is now 75k sa passbook  wtf...she asked me kung gusto ko ba daw atm nalang,mas mababa daw maintaning balance nun, sabi ko, hindi bale na!

now my money is back in my bulok chinabank passbook savings 

[ikaela]

marssie: I've said this many times on these boards, but, yes, okay yung BPI Direct Save-Up. If you're like me who needs to keep a large emergency fund and revolving cash, that account is a good place to keep your money.

PROS:
- Maintaining is only 1000
- You get free basic life and accidental death insurance equal to 5 up to 10 times your average balance over three months
- Interest rate is a little better than regular saving accounts

CONS:
- Only accessible through online and mobile banking; no ATM or over-the-counter transactions
- Insurance coverage is only up to 4M, so anything beyond 400k does not come with free insurance
- Getting this just for the insurance might not be a good idea because BPI can revoke that "promo" anytime

[marssie]

^sis, thanks a lot for the info. 


PROS:
- Maintaining is only 1000
Bakit nung naginquire husband ko ang sabi 25K daw ang maintaining?

CONS:
- Only accessible through online and mobile banking; no ATM or over-the-counter transactions
Sorry i didnt understand this, are you referring to the deposit or withdraw or both? Para kasi sa parents ko sana ang account kung sakali, kung online and mobile banking, mukhang pahirapan pa para maturuan ko sila since wala naman ako sa pinas to guide them.


- Getting this just for the insurance might not be a good idea because BPI can revoke that "promo" anytime
Since getting insurance is too expensive na sa age nila, i will just take advantage of this "promo" habang meron

[ikaela]

^Isang Google lang, makikita mo dito yung actual maintaining balance: https://www.bpidirect.com/page/view/savings-and-checking-rates
Siguro yung tinutukoy nung nag-inquire ka, yung BPI Get Started savings account nila. Refer to the "with life insurance" part of this chart: http://info.bpiexpressonline.com/bpiprod/produpd.nsf/Deposit+Rates/DepositRates1

Yes, yung BPI Direct Save-Up account, hindi ka pwede mag-deposit or mag-withdraw over-the-counter. You have to use BPI's mobile or online banking if you need to transfer money to and from your BPI Direct account to a regular BPI savings account. Hassle nga kung tuturuan mo pa parents mo. Baka pwede yung traditional banking ways sa BPI Get Started account, kasi may passbook and/or ATM yun. Baka masbagay yun sa parents mo.

[marssie]

^Yes, yung BPI Get Started savings account  nga yung nadiscuss sa husband ko, Iba din pala yang Direct-Save Up account kaso ang hassle nga para sa mga matatanda.  Thanks

[crzysxycl]

agree with sis helenoftroy2013, liit na talaga ng interest kaya nakakawalang gana na. Balak kong mag withdraw sa account ko dito at ilipat sa iba.

[kami_ni_boi]

mga sis nagbackread ako and naengganyo ako magopen na ng maxi saver, pero etong natapos ko na basahin ang thread nagdadalawang isip na ko kung itutuloy ko pa.ang baba narin kasi ng interest.

[minnie99]

Nag-open ako dito nung March. Hehe. Incentive kasi sakin na hindi galawin yung pera yung bonus interest rate. LOL. It's not much, pero much better than my regular savings account which I use as an emergency payment option.

Akin ay thru BPI Direct. Hehe. What I like about this is while ang BPI direct account transaction ko is with Kalayaan branch, mas malapit ang Maginhawa (BPI Family). Since both naka-enroll online, sa Family ako nagde-deposit saka ko na lang nililipat. But thinking of opening a UITF or MF, para "diversified". Haha.

QUESTION:
Monthly pala ang interest dito. May nabasa ako (sa Advanced ata yun) na binabawi yung BONUS interest (pag walang withdrawal) pag nag-withdraw ka? Sa Maxi-Saver kaya ganun din?

[mxherr5]

No, walang bawian 

Based on personal experience.

[dainejen]

mga sis nagbackread ako and naengganyo ako magopen na ng maxi saver, pero etong natapos ko na basahin ang thread nagdadalawang isip na ko kung itutuloy ko pa.ang baba narin kasi ng interest.

same here pero mukhang ituloy ko na pagopen ng maxi saver try lang

[dulcette]

i have a maxi saver acct, currently at 600k yung laman, monthly almost ~P300 yung interest. minsan hindi maiwasan nagtatransfer ako ng amount sa ATM (counted as withdrawal), bumabalik sa ~P150 yung interest.

when i withdraw, passbook lang naman ang dinadala ko no need for an ID, o baka dahil kasi kilala na ko sa branch since halos 2x a week ako mag deposit

[ann08]

Hi sisses, alam natin na medyo mababa na ang maxi saver interest sa ngayon, san po nyo plan itransfer yung funds nyo if ever, aside sa mga short term stock investments?

[smile22]

^ oo sis kasi initial deposit required ata yung 25k pag less than 25k walang interest. kaya ako. yung Emergency Fund ko ang nandito, the money that i will and should not spend. para hindi ako mattempt na magwithdraw.

https://info.bpiexpressonline.com/bpiprod/produpd.nsf/Deposit+Rates/DepositRates1

[ampere]

mga sis who has BPI Direct Save Up here? i can't find in EOL kung paano palitan yung monthly amount na natatransfer it's like i dont have a control over the account wala din sya sa scheduled transfer ng nominated account paano kung gusto mo ng i-stop yung automatic transfer. i already emailed them days ago to inquire about it pero till now wala pa din silang reply, their FB page isn't helpful either.

[ikaela]

^Tumawag pa ako sa kanila to have that changed. You can also have them call you if you don't want to wait around on a phone. Text CALLBACK <space> full name <space> contact number <space> preferred date and time to call <space> details of request and send to 0917 891 0000. Tumatawag naman sila. Matagal talaga sila mag-reply sa email, pang-non-urgent matters lang yun.

[ampere]

^thanks sis. im currently out of the country    sa December ko na lang mapapapalitan when i'll have my vacation. planning to close my Maxi Saver also kasi pareho na lang sya ng interest sa express teller direct savings tapos ang taas pa ng maintaining balance eh minsan di ako nakakapagpigil mag-transfer sa COL account ko pag red ang market humihiram muna ako sa maxi-saver account ko pag di maantay ang sahod