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Priority One Checking Account

Product Features

  • Interest Earning Account
  • Free Personalized Checkbook
  • Free MasterCard ATM card

Requirements for Account Opening:

  • 2 photo-bearing government issued IDs (e.g., driver’s license, SSS/ GSIS ID, voter’s ID, PRC license, passport)
  • 2 ID pictures (1x1 or 2x2)
  • Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form

Required Initial Deposit: Php 25,000.00

Priority One Checking Account Fees and Charges

Balance Requirement
Initial Deposit Php 25,000.00
Minimum Maintaining Balance Php 25,000.00
Minimum ADB to Earn Interest Php 30,000.00
Interest Rate
Effectivity Date: February 1, 2015
0.100% p.a.
Dormancy 1 year
Dormancy Fee Php 300.00
Priority One Debit MasterCard Card Validity Period 10 years
Local Transaction Charges
Withdrawal on PNB ATM None
Inquiry on PNB ATM None
Withdrawal on Other Bank's ATM Php 11.00
Inquiry on Other Bank's ATM Php 2.00
BancNet POS None
Fund Transfer to Other Banks through BancNet (IBFT) Php 25.00
International Transaction Charges using Priority One Debit MasterCard*
Withdrawal Php 150.00
Inquiry Php 75.00
MasterCard POS None

* All transactions made in foreign currencies will be automatically converted to Philippine Peso on the transaction dates at the prevailing exchange rate applied by MasterCard. A fee of up to three percent (3%) will be imposed by the Bank on the converted amount which represents our service fee and other charges related to the transaction.

Other Charges
Checkbook cost Php 175.00
Card Replacement Php 100.00
Average Daily Balance (ADB) of the account falls below the required minimum monthly ADB for at least two (2) consecutive months. Php 300.00
Interbranch/interoffice deposit/withdrawal transactions Free