PNB Prime Savings Account is savings account that allows clients to enjoy higher interest rates on a tiered basis. Clients can deposit anytime and are allowed to withdraw a maximum of 2 withdrawals per month without incurring services fees. It is evidenced by a specially designed passbook.
Product Features:
- Interest-earning account*
- Monitor account by updating the passbook
- Deposit/Withdraw at PNB’s extensive branch network nationwide
*ADB must be Php 100,000.00 to earn interest
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 (1×1 or 2×2)
- Accomplished Client Information Form, Account Information Form, Signature Card and Conditions Form
Required Initial Deposit: Php 50,000.00
PNB Prime Savings Account Fees and Charges
| Balance Requirement | |
|---|---|
| Initial Deposit | Php 50,000.00 |
| Minimum Maintaining Balance | Php 50,000.00 |
| Minimum ADB to Earn Interest | Php 100,000.00 |
| Interest Rate | Balance of Php 100,000.00 to 499,999 – 0.125% p.a. Balance of Php 500,000.00 and up – 0.250% p.a. |
| Dormancy | 2 years |
| **Dormancy Fee | Php 30.00 |
| Record of Transactions | Upon request |
| Other Charges | |
|---|---|
| Passbook 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 transactions Except transactions made between and among the following branches –
|
Free Php 100.00 |
|
Interbranch/interoffice withdrawal transactions Except transactions made between and among the following branches –
|
Free Php 200.00 |
** Dormancy fees on a dormant deposit accounts shall be collected when:
– 5 years after the last activity and
– If the balance falls below the required minimum maintaining balance.
The PNB Prime Savings Account is available at all PNB branches nationwide.