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. Hi Ms Nora may I ask if my bdo debit card is still active if I’m able to check my balance via atm even if I haven’t used it for 2 yrs? Can I use it for deposit? It’s a debit card or cash card issued by my company for paying my salary

  2. Hi Jason, yes, your card is still active, but if that was issued by your company, it’s only for payroll use, and most BDO payroll cash cards do not accept over-the-counter deposits. So if you want to have your own, apply for your own cash card. And if you can maintain an account (2k for BDO atm-only savings account), better open an atm savings account so you don’t spend for deposit and withdrawal fees. BDO cash cards have deposit and withdrawal fees.

  3. Hi po, Ms. Nora. Nung nagwithdraw po ako last March 13, below minimum balance na po ako. Sabi po yung penalty ay iaapply sa ikadalawang buwan. Pano po ba? After May 13, magkakacharge na po ako, or at the end of May pa po? Thank you po!

  4. Yay, binasa ko po ulit. So sa May 31 nga po sila magchacharge ng 300. Very useful po itong post nyo, thank you ng marami. :)

  5. Hi po, I can’t read all, the thread is long :) I plan to close my savings account with BDO. I was told I should close at my maintaining branch, but I can no longer go there. If I withdraw my maintaining balance and let the account be, will the account close automatically? And how soon will the account become dormant? Thanks po!

  6. Hi Joshiel, yes, you can withdraw all your money via ATM (except the amount less than 100 pesos), and just let the account close. Your account will automatically close at the end of the 2nd month, when the 300-peso penalty is charged, and the balance becomes negative. If you like to get your less-than-100-peso money, you can swipe your atm to buy something cheap at an SM supermart or Watson’s.
    Dormancy occurs when there’s money in the account but there’s no withdrawal or deposit within 2 years (savings account) or 1 year (checking account)

  7. hi po tanung ko lang po magkano po ba ang pweding ideposit sa bank account ng bdo kc po magoopen po ako ng account.thnk po

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