July 19, 2013 | Posted by: Moneymax | Personal Finance
July 19, 2013
After you have gone through the articles discussing the benefits and facilities provided by the BPI Jumpstart Savings accounts, I believe that you are deeply intrigued and fascinated by the awesome kiddie savings accounts and would like to get one for your children.
read more: How to Apply For The BPI ePrepaid Card?
The Bank of the Philippines Islands (BPI) and BPI Family Savings Bank respectively offer the Jumpstart Savings Accounts. Both offers are basically the same, but show some discrepancies in terms of:
|Jumpstart Savings Account offered by the Bank of the Philippines Islands (BPI)||Jumpstart Savings Account offered by the BPI Family Savings Bank|
|Initial Deposit Requirement|
|Minimum Monthly ADB|
|Required Daily Balance to Earn Interest|
|Interest rate (per annum)|
However, the minimum monthly ADB is waived for one year for any BPI Jumpstart Savings Accounts that have opened starting from 16th March 2012.
The BPI Jumpstart Savings accountholders can reload their cellphones at any BPI Express Teller ATMs, via phone at the BPI Express Phone 89-100 or the BPI Express Mobile. On the other hand, they can also choose to reload their cellphones through the internet via the BPI Express Online.
Finally, after reading the articles concerning the powerful and useful features of the BPI Jumpstart Savings Accounts, I hope that it is the right savings accounts that you are looking for.
If you are interested to apply for the BPI Jumpstart Savings Accounts, just follow these simple steps:
1. Prepare the following requirements:
2. Pay a visit to the nearest BPI branches(or any BPI branches you prefer).
3. Go to New Account Section and tell the banker your intention.
4. Fill-out an application form.
Once you have completed these 4 simple steps, you can just head back to your home sweet home. After a week, you will be informed that you can claim your BPI Jumpstart ATM cards.
By having their own savings accounts, children can practice their money management skills. After all, there’s an old saying goes: if you give a man a fish and you feed him for one day, while teach a man to fish and you feed him for his lifetime. It’s the right time to give these young buds free reins to explore the world of finance on their own feet.
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