On this short article, I will share the simple steps on how to open a savings account in RCBC. If savings account in BDO, BPI or Metrobank is not your choice, RCBC is another great option you can have.
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RCBC is one of the stable and well-known banks here in the Philippines. Though branches are not as many as the 3 major banks mentioned above, you can still find RCBC branches easily in common business area and establishments.
If you want to open a savings account in RCBC, you might find the information below helpful. Here we go.
RCBC savings account Features
- Initial deposit and Maintaining balance
ATM: P500
Passbook: P5,000 - Interest rate: 0.25% p.a.
- ADB to earn interest:
ATM: P25,000
Passbook: P25,000
RCBC savings account requirements
- 2 1×1 photo
- 2 Valid ID (Original and photocopy)
- Billing statement (doesn’t need to be your name but the address should be the same as your current address)
- Initial deposit
*New requirement:
- TIN number (in earlier part of 2016, almost all establishments doing financial transactions ask to require TIN numbers from their clients/customers)
Steps in opening a savings account in RCBC
1. Go to the nearest RCBC branch in your area. Make sure you have all the requirements.
2. Advise the bank teller that you’re going to open a savings account. It could be located in the new account section of the bank.
3. The teller will give you the application form. Complete all the details and make sure to double check before submitting it. Once done, submit it to the teller with all the requirements listed above.
4. The bank teller will check all the information and encode it in their system. Once done, they will inform and provide you the details. They will also provide you ATM card or Passbook.
In some cases, they will advise you to come back within 3 or 5 business days to get the ATM card or passbook.
You may also like.
- BDO Savings account
- BPI Savings account
- BPI Easy Saver
- Eastwest bank savings account
- Landbank savings account
- PNB savings account
- Chinabank Savings account
- Comparison of Savings account in the Philippines
- Comparison of Time deposit account in the Philippines
For other types of savings account in RCBC, please check the RCBC official website.
That’s it! You now have a savings account in RCBC. Start saving and achieving your financial goals.
Wait!
If your goal is to grow your money either for retirement, for your child’s education, for your dream house or dream business, a savings account may not be the best tool for you.
There are other types of investment vehicles out there that can give you higher interest rates and/or high potential earnings. Some of them are the following.
- Mutual Funds
- Stock Market
- UITF
- Treasury bills
- Businesses and more
These are just examples. Depending on your risk appetite you can choose any of these investment vehicles to help you grow your money.
Before you start though, make sure you have at least basic knowledge oofhow they work. You can read related books or blogs, watch youtube videos, attend seminars or even talk to a financial adviser. Whatever you chose, always remember that investing in yourself is the best investment of all time.
I hope you find this short article informative.
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Yeah. They advised me to just wait for notification to get my atm card, but I’ve been waiting for 7 working days yet they still haven’t e-mailed me. I went to the branch where I applied but the attendant just told me to wait again. So how long am i going to wait?
Can’t help you with this, sorry. But if they told you to wait maybe it will come. 🙂
Sir,I’m opened 3000 deposit account can I get annual interest from savings….I’m maintaining 3000
Valid po ba ang PHIL. I’d dito
Hello!
I am planning to open an account with RCBC.
I just wanna ask if is it possible to send/transfer money from other bank (ex. BDO) to RCBC Savings Acct.?
Thanks!
Not possible as far as I know. Thank you.
Hi… How to open a account without a valid I.d.. I have a company I.d.
You need to have a valid ID Michael. Thanks! If your company ID is valid, you may try to check with RCBC. Thanks!
hi sir pwd po ba ako mag open sa atm kong ang id ko lang po n gamet ai postal at meron po akong certification of voters id salamat
I want only to know if the initial deposit is 500? To get atm card?
maintaining balance is 500 is it daily or monthly??
is there a a credit card application that does not need to have a maintaining balance or lower than 5k?
Not sure about credit card Mayke. We only got BPI. Thanks!
how can i get an atm??what is the procedure and what requirments that i need to present?
All requirements and procedures are listed on this article. Kindly read above. Thanks!
Hi can you linked you’re RCBC account in your paypal account.
Need help!
Thank you
how long to get the atm card??
Depends. Sometimes it is within that day you apply but in some 2 -3 business days. Thanks!
would it be possible to authorize a person to open a saving account for me?
I was told at RCBC sta lucia mall that the amount to open an account is 3k for atm and 15K for passbook. can i ask them if they will allow me to.open an account for 500?
is my PHILHEALTH and BIR ID is valid? for ATM?
Hello 🙂 I want to have an ATM but I only have student permit (SP) and a college school ID. Do you think they will accept it? Thanks.
Can i get the account # even if i dont get the card?
how much can cost to get a bank account or passbook
Can i open another account on rcbc bank?
What are the valid id’s?
how can i get a credit card
What if i was not able to maintain the maintaning balance for savings account. Will my account be closed?
They will deduct certain charges for that month. If the following month you still not able to meet the maintaining balance it will deduct again. It will continue unless you deposit money or your account becomes 0 which will be closed after. Thanks!
sir billy i want to open an acoount but i dont have a TIN no
It’s a new requirement Faith. :/
Sir??is my NBI clearance is able to open an savings account in ribcage? Tnx
Sir??is my NBI clearance is able to open an savings account in ribcage? TnxI mean rcbc
Your Good and a Patience Guy Billy,
Keep up the Good Work!!
Godbless!!????
hi sir, i have payroll savings atm card in RCBC, now i want to open an ATM Debit card, how much the initial deposit and maintaining balance?
Hi, Im planning to link RCBC to Paypal if ever, Is it possible ?
Ps. I still don’t have RCBC personal account.
Sorry Wicked, haven’t check that yet. I’ll get back to you when I have the info. Thanks!
Hi, I’m also planning to open a RCBC atm account. Can I use it for international payment? Thank you so much.
You mean payment online? I think it will not work.
good evening po sir pwd po ba akong mag open ng atm ko kong ang valid n gagamitin ko lang pong id ay postal id at certifition of valid id lang meron pwd po ba akong mag open
hi po gud aftrtnoon.. Magkano po yung kailangan na balance para po mkakuha ng atm card. Gagmitin ko po kase sa SSS ko.. Slamat po
hi po gud aftrtnoon.. Magkano po yung kailangan na balance para po mkakuha ng atm card. Gagmitin ko po kase sa SSS ko.. Slamat po
Hi , i dont have a TIN number ,do you think i can open an account even if a dont have TIN?
Ask ko lang po . kung pwede mag open acc. ang Student . if pwede . Ano po mga Requirements .
If you’re below 18, you need to have a guardian Anne. Thanks!
CAN I HAVE A ACCOUNT WHEN MY INITIAL DEPOSIT IS 500?
Hi po ser panu po mag open account sa rcbc bank with atm at passbook anu anu po ang kailangan dalhin pag nag apply po ako personal account po
I only have one valid ID, a student ID to be specific. Pwede pa rin ba mag apply for ATM savings?
Thank you
I have one ID only and it is barangay residence ID only and ist okay the NBI clearance to be one of additional ID to present to open an account?
hello po
ahm…pwd po ba sss at birth certificate pag nag open po ako ng accont?… un lng po talaga meron ako
hi sir, pede malaman may nag issue ng 3 MC checks ng RCBC sakin pero wala akong RCBC account. kung magoopen ba ako pwede ko na agad ma encash Ang MC? NEED TO KNOW sana para makapagopen aq bukas.anong account dapat ko ng open.its a big amount ho.
Good day! Ask lang po sana ako sir, philhealth ID lang meron ako , may NSO B-certificate and NBI nmn ako. Pwd na ba ako mka-open ng PASSBOOK or atm ??
Thank you !
Good day! Ask lang po sana ako sir, philhealth ID lang meron ako , may NSO B-certificate and NBI nmn ako. Pwd na ba ako mka-open ng PASSBOOK or atm ??
Thank you !
Sir good evening..ano po ba nag pinagkaiba ng commercial savings account sa savings account lang..need ko po kase iaaply sa bank is yung commercial savings account daw po at hindi ung saving account lang..salamat po.
hi po.. magkno po lhat lhat magagastos pag nag open ng account. atm po sna.. 500 initial deposit may iba pa po bang babayaran? at anu anu mga accepted vaild id’s.. please pasgot po.. thanks…
Hi po. .ask lng po sana ako. . TIN, Philhealth ID, Voter’s Certification at Brgy. Clearance lng po yung meron ako. .pwd na po ba ito para mka open ng atm savings account sa rcbc??
Hi ^^
Student, just turned 18 (so probably kahit walang guardian right?) hoping to open a savings account in RCBC. What are the specific requirements po? Please kindly respond asap ;m;.. Thank you 😀
hi po.. ask ko lang po kung maka2apply po ba ako for atm khit po na ang gmit kung id eh nung single pa po ako… walapo kasi akong bagong id sa ngyn na married po,.. pwede po kaya yun
Can i ask if pwede na po ba ung postal and rgy clearance only to open a savings acct? Thanks.
Good day! How can I open an account in RCBC thru online? Is it applicable?
bakit kung nag trabaho sa small town lottery ay hindi pwdi maka open account
hello,
anong valid Id. ang tinatanggap nyo po ?
mag open account po kase ako ,
thankyou po