BPI Save-Up account

Posted by Fitz Villafuerte under Banking, Investing on June 18, 2012

BPI is offering 2 variants of Save-UP accounts..Has anyone tried opening the Save-UP with higher interest rates account??can anyone tell me how much should I deposit in order to open one?? or explain how this certain account works??
-I do have the other one though (save-up with Life Insurance)

Many Thanks!!




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One Response to “BPI Save-Up account”

  1. ForsakenOne says:

    Haven’t tried it (because I personally dont like it).

    The only one i know with Save-Up has the (original?) one with life insurance. Which, as you probably know, works something like:
    salary is credited to your payroll
    a fixed amount of oyur choosing is automatically trasferred to save-up
    it doesn’t earn interest (which is why i hate it; i have my own piggy bank at home, thank you), but you do get life insurance.

    I beleive the new version (with interest) works the same way though. And neither requires an initial deposit,

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