BDO Deposit Accounts — Baka Maubos Imbes na Lumago

Updated May 6, 2014

Monitor your BDO savings and checking accounts, and all your other bank accounts, and make sure:

  • your accounts do not fall below the required maintaining balance
  • you do at least one deposit or withdrawal within one year for checking accounts, and within two years for savings accounts.  This is to avoid dormancy charges.

Dormant accounts below the maintaining balance will be charged 300 pesos for every month starting from dormancy until it is reactivated. Pag hindi ma-reactivate, tuloy-tuloy ang 300-peso monthly charging hanggang maubos ang account balance at ma-close na ang account.

To reactivate your dormant account, you need to present yourself at your branch with your valid IDs.

Accounts falling below maintaining balance for two consecutive months will be charged 300 pesos on the last day of the second consecutive month.

If on the 3rd month, the account is still below the maintaining balance, another 300 pesos will be deducted. The charging of 300 pesos will continue every end of the succeeding months until the account balance is wiped out, or until the account is restored to the maintaining-balance level.

Maintaining balance requirements for these BDO accounts:

ATM peso savings account — 2,000 pesos

Passbook peso savings account — 10,000 pesos

Kabayan peso or dollar savings account — None, but you need to make at least 1 remittance from abroad every 12 months.
If your account does not get 1 remittance from abroad within 12 months,
your account is automatically converted into a regular passbook account,
which requires a maintaining balance of 10,000 pesos).

Junior Savers — 100 pesos

Power Teens Club — 2,000 pesos

Prime Savers — 2,000 pesos

Optimum Savings (Personal) — 30,000 pesos

Direct Deposit Peso Savings — None

Peso checking — 5,000 pesos

Smart Checking (Personal) — 15,000 pesos

Checking Account with Automatic Transfer Facility — 25,000 pesos
(Below-maintaining-balance penalty for this account is 500 pesos)

US Dollar Savings — 500 US dollars

Prime Savers Dollar — 200 US dollars

Direct Deposit Dollar Savings — None

For above US dollar accounts, below-maintaining balance penalty is 5 US dollars.


Related Articles:

BPI, BDO, or Metrobank Fees — Why Keep Paying Them?

Ano ang Maintaining Balance? o Minimum Monthly Average Daily Balance?


Add a Comment
  1. Does kabayan po have the mastercard logo on the atm card? In how many days can I claim the card? Thanks po :) urgent po

  2. Hi Sheena, when opening your Kabayan account, request that your atm card has your name and linked to Mastercard. If you don’t make the request, usually they issue the generic card. You might be able to claim your Mastercard-linked card within 7 business days.

  3. Hi Annette, for the atm-only card, the initial and maintaining balance is 2,000 pesos. When opening, request for a Mastercard debit card because the default card is the non-Mastercard card.

  4. Hi Ms. Nora! Please advise. It’s my first time to have a savings account that’s BDO passbook with ATM. My bank accounts before were ATM only, with 2000 as maintaining balance so I’m not used to using passbook. Few days I deposited again to my passbook account and I reviewed my passbook record and I was shocked to see that there were a lot of service charges that reflected on my account. seven consecutive months of 300-peso penalty (from July 31, 2014 – January 31, 2015). But I was able to deposit 12000 on January 28, 2015 so the penalties stopped. But unfortunately I didn’t bring my passbook that time so I wasn’t able to update and wasn’t able to see that my account was having penalties. What I know is that 5000 was the maintaining balance of my account — that was what I was told when I inquired at the bank. And I found out that was wrong as when I checked the BDO website, it was 10000. If only I knew, I would have not allowed my account to have such big charges. I really feel bad about the penalties — seven consecutive months, 2100. Is there anything I can do to have the charges reversed? Additional details: I opened my account June 2013 and still a student, and I really feel so bad about the money I lost. Hope you can help me. Thanks!

  5. Hi Paul, sorry I had to translate your comments — you expressed your thoughts well — I have to comply with language rules. I feel so bad too about your lost 2,100. That’s a lot! And to think that you saved money since your student days. There were also others that commented here with the same big penalties deducted because they were unaware of the increase in the maintaining balance requirement. BDO announced its increase on its website for many months before the actual increase started on May 1, 2014.
    I don’t know if you can still get back your money, but you can try. Write a printed letter to the manager of your BDO branch. You can just write THE BRANCH MANAGER, BDO ____, address. Re: Reversal of 2,100-Peso Maintaining Balance Charges. You can write “This refers to my BDO account no. ___ with account name ___
    Please reverse the 2,100 pesos you deducted from July 31, 2014 to Jan 31, 2015 from my bank account no. ___.” (List all the charges: amounts and dates charged). Your bank failed to inform me of the increase in maintaining balance before you deducted. If I had known, I would have not allowed my account to incur such a big amount… Then cite the Bangko Sentral ng Pilipinas policy about informing clients of any change before deducting. I’ll send you the BSP policy. I hope the email address you wrote here is valid.

  6. Hello Ms. Nora! Thank you so much for your advice, appreciate it. That will help me in constructing my complaint letter. Please do send a copy of the BSP policy, Thanks again and God bless!

  7. Hi nors, I have php40,000 in my account since year 2011 and I have not checked since I left pinas. I ask if that’s still activated even if I didn’t deposit since? Thanks

  8. Hi Claire, is your account a savings account and not an auto-renew time deposit? If it’s a savings account, your account has been made dormant since 2013, meaning it was put on hold, no longer earning interest. It’s good your account balance is much higher than the maintaining balance requirement (10k for passbook account and 2k for atm account), so there should be no below-maintaining-balance penalty and no dormancy penalty. You can reactivate your account when you take your vacation because it’s required that you appear in person at your branch and present at least 2 valid photo IDs. But you can call BDO and ask if there’s a way you can reactivate your account while abroad. toll-free: (International Access Code) +800-8-6318000

  9. Hi Nora,

    Just want to inquire if there is any other way to reactivate my dormant account (optimum) apart from personal appearance since i am based overseas.Would it be possible to just make a letter of request to the opening branch to reactivate my account?

  10. Hi Ms. Nora,

    Just want to inquire if it’s possible to reactivate my dormant account (optimum) without personal appearance at the opening branch since i am based overseas?Would they accept if i will just send a signed letter of request to reactivate dormant account?Thanks in advance for your help.

  11. Hi Vanessa, I think they want you to call so they can verify your identity. Write everything about your account, such as your personal info, last deposit, balance, etc. so you can reply quickly. toll-free: International Access Code-800-8-6318000 (possibly with cost, if mobile). You can also call the hotline IAC-632-631-8000 but might be more expensive. If you want to communicate first online, use the BDO page: I hope your balance is 30k or more so there’s no penalties for dormancy and below maintaining balance

  12. Hello. Just want to ask if can I withdraw my initial deposit in my Kabayan Saving account? I deposited 500 pesos. I know there’s no maintaining balance needed. And if ever, can I use passbook only to withdraw it? Thank you! God Bless.

  13. Hi Annyka, yes, you can withdraw it, but it’s easier if you use your atm card to withdraw. You can use your passbook to withdraw, but oftentimes the line to the counter is long. Bring your ID, in case it’s required.

  14. Hi ms, may I ask about time deposit. For example, the principal is 50,000 for 365 days. How much interest will I get? Thanx.

  15. Hi marife, if you put 50k in time deposit with BPI Family for 364 days, and the interest rate is still 1%, the interest will be 400 pesos. (50,000 x 1%) – 20% tax = 400 pesos. It’s too low, and might discourage you, but think of the fact that you are saving. Save more to accumulate more. The interest rates for higher amounts are higher.

  16. Hello would like to ask since i enrolled my sisters atm to electronic banking so that she can monitor her remittance and personal money, we saw some problem. She started sending 5k plus peso as her personal savings to her kabayan (master card) account then her balance became low on 5k coz of the withdrawal of 2000 pesos. Few days later she was deducted two 300 peso which is labeled (service chg – sys gen). Is this service charge coz its the money is below 5k but i know is that kabayan savings dont have maintaining balance. Please enlighten us. Thanks

  17. Hi Ada, when did your sister open her Kabayan account? If 12 months have passed since she opened her account, and no foreign remittance was made to her account, this account has been converted into a regular passbook account, meaning it already requires a 10k maintaining balance. If her account is newly opened, your sister should call BDO or write her concern here: and ask for reversal of the deductions.

  18. Hi! I just want to ask what type of account I can open at BDO. I am just an 18 year old. Thanks!

  19. Hi Jim Ryan, you can open the regular atm savings account or the Power Teens Club account. Both of these require 2,000 pesos as maintaining balance. Penalty for not maintaining is 300 pesos per month. Bring your school ID with photo, school head’s signature plus registration card or form if you have, and 2 ID pictures.

  20. Hi ms nors, i opened an account at bdo passbook w/ atm but wasn’t able to get the atm. I want them not to activate the atm. Is that possible?

  21. Hi Cassie, did you open your account here then you went abroad without getting your ATM? I think the ATM is disposed of if not claimed in 30 days. Your proof you did not get your ATM is you did not sign any ATM issuance document. Will send you a link later

  22. Hi.i need help . My bdo junior saving account is created when im only a child and so innocent with this kind of stuff. Can you help me ny account almost 3 year inactive this year with a balance 500 i remember . Is their any charges and sue by law in the near future just asking

  23. Hi Plusle, what’s the name of your account? Is it the name of your parent and “ITF” or in-trust-for, and then your name? If there’s ITF, it means it should be your parent who should go to BDO with her/his ID and activate your account. The maintaining balance of the Junior Savers account is now 100; I think it was 500 previously, so if this amount was maintained, then your parent can activate the account.

  24. should we always update our passbook? every time we withdraw or deposit? is it always right after or once per month only?

  25. Hi Jeceebel, if you withdraw over the counter, you should always present your passbook. but if you always withdraw using your atm card, and deposit without passbook, you can present your passbook for updating maybe once a month, or once in 2 or 3 or more months, or whenever you deposit.

  26. Hello po good day ms nors just want to ask po if my kabayan savings account still active since i dont deposit for more than a year already. but i have deposit before the sum of 19k peso is it still there or can i start to deposit on january 2015? thnx a lot

  27. Hi Analiza, do you mean your last deposit was 19k pesos and this amount was not withdrawn? If yes, your account is active but it’s no longer Kabayan because you have not deposited from abroad within a year. It has been converted into a regular passbook account — this means you need to maintain 10k pesos in your account. Since you have 19k or more in your account, you have complied with the maintaining-balance requirement and your account is good. Always maintain 10k or more in your account. Yes, you can continue depositing, in Jan 2015, if that’s your plan.
    But read this about dormancy: Have 2 years passed since the date of your last deposit? I ask this because there’s a dormancy rule — the bank will put on hold your account if 2 years have passed, and you have not deposited or withdrawn. Comment again if this is your case.

  28. gud evening po. If the maintaining balance of 10k is reduced by 500 only or a few cents, will the bank account be deactivated?

  29. Hi maridel, no. Not yet deactivated. What will happen is the 300-peso penalty will be charged. But this penalty is charged only on the 2nd consecutive month that 10k is not maintained. If the monthly average daily balance (MADB) in Oct is 9,500 pesos or 9,999 pesos and the MADB in Nov is 10k, there’s no 300-peso charge because the account fell below required balance only for 1 month. If MADB in Oct is 9,500 or 9,999 and MADB in Nov is also 9,500 or 9,999, the 300-peso penalty will be charged on Nov 30, and every month thereafter until the 10k balance is maintained. Even if the difference is small, 9,500 and 9,999 are both below 10,000, so they’re both below the required balance.

  30. hi,i have a bdo dollar account and i left my passbook to my cousin,i was not able to send them money for more than 2 years,27months to be exact,recently i send them but the bank did not accepted because its already a dormant,its only a $200 dollar,is there any other way for me to reactivate my account?

  31. Hi Deborah, you need to call BDO (Intl. Access Code) +800-8-6318000. Prepare your account no., date of last deposit, ID no. (the ID you presented to them) and personal data you wrote on your form when you opened your account. If not yet able to call, you can make your inquiry here: BDO Contact Page. But contact BDO asap because your balance might have been reduced by below-maintaining-balance penalties.

  32. Hi ms nora can i am from cebu and i want to call the bdo hotline can you give me the number that i need to dial here in cebu?

  33. Hi Precy, here are the toll-free nos.:
    1-800-10-631-8000 (PLDT)
    1-800-3-631-8000 (Digitel)
    1-800-8-631-8000 (Globe Landline)
    1-800-5-631-8000 (Bayantel)

  34. for the Kabayan account, can I apply for an extra card (like child atm card) for the same account? I do not know how you call it so that’s the best I can describe it. I hope to get your response.. Salamat!

  35. Hi Ms Nora, I am OFW from Israel. I just want to know if possible that I could be able to open a cash and check deposit account at BDO or any bank in the Philippines while I am in Israel? and how? it is possible that I ask my relatives in the Philippines to get a form for me to send the documents to sign it and send it back to the BDO or any bank? I hope to get your response.. thanks

  36. Hi John, maybe you meant an extension card. Sad to say, Kabayan or any other bank account does not have something like the extension card given to a credit card owner’s dependent. Even a joint account has only one atm card. What you can do is to ask your child to open his/her own account, or open it for him/her (there are accounts for children), then attach your child’s account to your own BDO online banking account, so you can transfer money to it. You can also enroll the child’s account in online banking, so you can track the account online. See our post: Savings accounts for Kids Cash cards are also good for children because these do not require maintaining balance requirements, but they don’t earn interest, are not PDIC-insured and usually have atm transaction fees.

  37. Hi Flor, sad to say, all Philippine banks do not allow opening of bank accounts through representatives. These must be opened in person at the branch. BDO however has authorized some of its remittance offices and partners abroad to assist in Kabayan savings account opening. So find a BDO partner there that offers Kabayan account opening. The partners will send your documents to BDO Philippines for approval, and you return after maybe a month to get your passbook and atm. Your account will be active, you can remit to it, but you can’t use your atm card yet. You have to change your atm PIN when you take your vacation in the Phils. If you present at least 2 valid photo IDs at opening, your Kabayan should be allowed to accept check deposits. List of BDO remittance partners in Israel

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