Find the best time deposit rates from leading banks. Compare minimum deposits, terms, and interest rates to maximize your savings.
Protected up to ₱500,000
Fixed interest rates
From 30 days to 5 years
Compare trusted institutions
Showing 8 time deposit products
| Bank | Product Name | Currency | Min. Deposit | Min. Term | Interest Rate | Action |
|---|---|---|---|---|---|---|
| BDO | Peso Time Deposit | PHP | ₱1,000 | 30 days | 0.125% - 0.500% | Learn More |
| BDO | US Dollar Time Deposit | USD | $1,000 | 30 days | 0.05% - 0.15% | Learn More |
| BPI | Peso Auto Renew Time Deposit | PHP | ₱50,000 | 35 days | 0.25% - 0.75% | Learn More |
| BPI | Plan Ahead Time Deposit | PHP | ₱50,000 | 5 years | Branch-quoted | Learn More |
| BPI | Foreign Currency Time Deposit - US Dollar | USD | $1,000 | 35 days | Branch-quoted | Learn More |
| PNB | Short Term Time Deposit | PHP | ₱10,000 | 1 day | 0.125% | Learn More |
| PNB | Regular Time Deposit | PHP | ₱10,000 | 30 days | 0.125% - 0.375% | Learn More |
| PNB | PNBig Savings Time Deposit | PHP | ₱25,000 | 30 days | 0.125% - 0.375% | Learn More |
A time deposit is a savings account with a fixed term and interest rate. You deposit money for a specific period and earn guaranteed returns.
Time deposits are ideal for funds you won't need immediately, offering higher interest rates than regular savings accounts in exchange for keeping your money locked for a set term.
All time deposits in Philippine banks are insured by PDIC up to ₱500,000 per depositor, per bank, making them a safe investment option.
Interest rates vary based on:
Interest is typically computed annually but can be paid at maturity or periodically depending on the bank's terms.
Minimum deposits vary by bank, ranging from ₱1,000 to ₱50,000 for peso deposits. Foreign currency time deposits typically require higher minimums, such as $1,000 for USD deposits.
Yes, but pre-termination usually comes with penalties. You may lose part or all of your earned interest, and some banks charge additional fees. Check your bank's specific pre-termination policy before opening an account.
Interest is typically calculated on a per annum basis and may be paid at maturity or periodically (monthly, quarterly, or annually) depending on the bank's terms and the deposit term length.
Yes, all time deposits in PDIC-member banks are insured up to ₱500,000 per depositor, per bank. This means your principal and interest (up to the coverage limit) are protected even if the bank fails.
At maturity, you can: (1) Withdraw your principal and interest, (2) Renew the time deposit for another term, usually at the prevailing rates, or (3) Transfer to another account. Some banks offer automatic renewal with a grace period to make changes.
Yes, interest earned from time deposits is subject to a 20% final withholding tax, which is automatically deducted by the bank before crediting your interest earnings.