Are you planning to open a savings account but don’t know what bank and what type of account to choose?
Why don’t you try this new BPI Kaya Savings Account?
BPI Kaya Savings Account is one of the newest products of the Bank of the Philippine Islands that gives clients a worry-free option when it comes to saving.
One of the things we need to consider when opening a savings account is the accessibility of the bank. And BPI certainly answers this.
BPI has several branches nationwide that makes it easier for us do our banking transactions. In Metro Manila alone, BPI branches are located in almost every corner of the city.
Another thing is the online banking features of the savings account.
BPI has its own BPI Express Online facility which allows us to do our banking transaction online, at the comfort of our home or anywhere we are, without having to go personally to the bank anymore.
So, if you want to experience the convenience of having a reliable and accessible savings account, check out the features of BPI Kaya Savings and see if it fits your needs and lifestyle.
What are the Features of the BPI Kaya Savings Account?
- Initial Deposit – You only need ₱200 to open a BPI Kaya Savings Account.
- NO Maintaining Balance
- Minimal Fees for withdrawal transactions
- ₱5* per withdrawal at any BPI Express Teller ATMs and other customer-initiated debits such as OTC, EPS, and/or 24/7 banking channels
- Prevailing Debit Card fees apply
- Php 100 for withdrawals done over-the-counter
- Required Daily Balance to Earn Interest is only ₱1,000
- Interest Rate per Annum is 0.25%
The features are similar to the BPI Easy Saver Account, which is no longer on the list of accounts at the BPI website. They changed the name from BPI Easy Saver to BPI Kaya Savings.
How to Open a BPI Kaya Savings Account?
Applying for a BPI Kaya Savings Account is as easy as 1, 2, 3. Here are the steps…
Step 1 – Prepare the following requirements:
- 2 valid IDs
- Proof of Billing
- TIN or Tax Identification Number
- Php 200 for your Initial Deposit
Step 2 – Go to the nearest BPI branch.
If possible open an account that’s within the area of your residence.
Step 3 – Once you’re at the bank, approach the BPI Personnel or go to the Customer Information table and inform them that you are going to open a BPI Kaya Savings Account.
Submit all the required documents and the Initial Deposit.
They will give you an account opening form which you have to fill out. You’ll have to affix your signature in the bank form and signature cards.
It’s important that your signatures match with what you have on your valid IDs to avoid issues in the future.
I remember, when my brother was supposed to withdraw over-the-counter at the BPI branch, they could not release the money because his signature on his ID does not match with the signature in the bank records.
They asked him to provide other valid IDs with the same signature. And because he didn’t have other IDs, he went back to the house to get another one.
Good thing he has another ID with the same signature. Otherwise, he would have to go back to his branch of account (which is far from where he lives now) to update his bank information and signature.
Activate your BPI Kaya Savings Account
Once your applicants for BPI Kaya Savings Account is approved and processed, you will receive your ATM card on the same day.
After that, you’ll have to change the PIN (Personal Identification Number) at the ATM machine. The ATM card shall be activated and ready to use within or after 24 hours.
Why Open Kaya Savings with BPI?
Having your own savings account will motivate you to save your extra money for the future. Instead of keeping your money in your wallet or in a piggy bank, it would be wiser to save it in a bank instead. It’s safer, plus it earns interest even if it’s only minimal.
If you want to earn higher or better interest, you may inquire at the bank for their other products and choose the one that fits your needs.
Other BPI Deposit Accounts
Aside from BPI Kaya Savings Account, you may open other account types with BPI based on your needs and lifestyle. You can choose from any of the following accounts:
- BPI Advance Savings – an account that allows you to enjoy the interest of your deposit ahead of time.
- BPI Padala Moneyger – an affordable savings account specially designed for those who receive remittances from abroad.
- BPI Express Teller – an account that helps you simplify your finances through 24-hour superior electronic banking.
- BPI Save-up – an account that helps you set aside money from your ATM account to your Save-Up account regularly (every month, twice a month, etc).
- BPI Jumpstart – an account that is specially designed for the youth, ages 10 to 17 years old. It’s a tool to form the habit of saving at an early age.
- BPI Maxi-Saver – an account that lets you EARN MORE as you SAVE MORE.
- BPI Pamana Savings Account with FREE Life Insurance – an account that lets you earn interest on your savings and it comes with a FREE Life Insurance that’s worth 3x your account balance.
- BPI Pamana Padala – an account that is specially designed savings account for Overseas Filipino Remitters.
- BPI Passbook Account – an account that helps you keep your money while you earn interest and allows you to monitor your banking transactions in an easy and sensible way.
- BPI Foreign Currency Accounts – an account that allows you to save and grow your foreign currency with BPI.
For more info about BPI accounts, products, and services, you may visit BPI website, call BPI Hotline 89-100 or visit the nearest BPI branch.
BPI Kaya Savings Review
Saving money in the bank doesn’t always require a lot of money and it also doesn’t need a lot of requirements.
With BPI Kaya Savings, you can open your account with just ₱200 and start saving your extra funds for your future.
When you have your own savings account, you will be more motivated to save up than when you just keep your money in your wallet or in a piggy bank.
So, start the habit now of saving and you will reap the benefits of having savings in the future especially when you need it the most.
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Hi good day! I would like to open an kaya savings account. I only have 1 valid i.d.
I hope that It will be ok to open an kaya savings account even if I only have one. I’m from the philippines. I need a account for my online job.
hi, i would like to know if you have a tin. na,
Hi. How about for senior highschool? He is 18 years old. School ID only?
Hello good day i plan po na mag open account yung pwede po na magsend sakin galng ibang bansa. Thanks po. Ano debit po ba need ko iopen?
Hi po gsto ko po mag open account sa BPI Kaya Savings. Meron po akong 1 valid id at tin number lng pwd na po ba yun?
Paano po kung student? ang protoccol pa naman po is di ka po allowed mag-apply for a TIN kung unemployed?
pakibasa po ito http://parasapinoy.com/tin-tax-identification-number-unemployed-students/
hi is there still a need for the 2×2 pictures or 1×1 picture in opening a new account for this kaya savings accont?
hello good afternoon,i need to open a kaya savins account bpi island,but sadly i lost my umid, so i only have a company id right now, i have kaya savings account in bpi family. i hope u could help me to get a an account in bpi island .thankyou and Godbless
it would be better if you personally apply for it at any bpi branch.
what if i do not have proof of billing?
I dont have any proof of billing. But I do have ID’s. Can I apply for KAYA savings?
What if walang TIN ID? Can i still apply for KAYA savings?
Hi i like to open for kaya savings account but i only have 1 valid id passport, can a student id still count? Thanks.
Hello! Good day, I would like to ask you if is it possible that I can apply for KAYA SAVINGS even though I don’t have a TIN number right now.
Hello Bpi. I’m currently out of the country. And concern ko po is kung pwede ko ba sendan ng money yun atm ko. And how much is maximum . My account is “kaya savings”. Thank you.
Hi. Pano po kung student pala po at walang valid id?
Hi BPI I want to open acct
I don’t have tin I’d I only have passport and Philhealth I’d
Proof of billing
Hello BPI I Want to open bpi kaya savings, but I have one valid id only tin id
Good day,,wala pu aqng tin no. pero I’m a member of SSS. Can I avail a bpi kaya savings acct?
Hi BPI,I just want to confirm if there’s a substitute to proof of billing?I don’t have one but I have Tin, 2valid ids,.Thank you.
Hello there,
I am Christian, I just want to know about, “What if I already have an ATM card but its PNB that I used when I was working, the question is how can I show to them the TIN Number? do I need to have a TIN card or it’s already on my PNB Cards?”
Yun lang po paki sagot nalang po first time ko langpo kasi.
Maraming Salamat po!
Chrisitian Alex G. Guanseng
Hi..i opened a bpi pamana padala account..unfortunately i couldnt activate it from any bpi atm..what could possibly be the reason for this?
hi!
can I fill up the Account Opening Form thru online? or can I download the form so i can fill it out right away before going to your branch.
Thank you.
Kung mag zero balance ang atm ko hindi ba yan mag close acount
Kung mag zero balance ang atm ko hindi ba yan mag close acount
Hi, good day! I want to open kaya savings account, but the problem is i dont have TIN number. I’m unemployed for now thats why i cant apply for getting TIN number in BIR.. what is the other option? Can you please help me ? Thank you so much in advance.
Hi can I ask if mag open po ako Ng Kaya savings account pwedi po bang Ang I’d ko ay police I’d .. NBI..brgy I’d..thank you PO good bless
Hi, itanong ko lang po sana kung pwde po ba kung ang id ko lang ay tin id at company id. Gusto ko sana mag open ng bpi kaya. Salamat
What if po my dati ka ng account sa bpi ung nagamit ko dati sa work pwede bang ito na lang yung gamitin ko ulit kesa magopen ulit ng account
Hi. Complete requirements ako pero hindi daw ako pwede mag open ng kaya savings account due to credit card issue. Bakit hindi niyo nilalagay sa list of requirements yun para sana hindi na nasayang yung oras namin sa pagpila sa market market ng 3 oras. Ganyan ba customer service niyo sa bpi? Wala pang ka amor amor ung tao niyo Jan sa bpi market market.
ilang beses kami nagpabalik balik Jan sa bpi market market. Una nagtanong kami ng requirements then hindi naman sinabi na kapag nagka problem sa credit card noon hindi qualified. Bumalik kami at 3 oras kami pumila kahit hindi nalang kami naglunch. Tapos ganyan, pina fill up pa ko ng form akala ko okay na. Then sasabihin pa ng lalake na staff habang binabawi ung form na hindi kami pwede magkaroon ng savings acct due to card issue dati. Sabay talikod! Tama ba Yan bpi? Ayusin niyo naman serbisyo niyo, long waiting time na mga wala pang customer service mga tao niyo.
Hi pano po kng umid id lng po ang valid id ko pwd na po ba un? Or need po talaga 2 valid id?
Yes po, or dala kayo supporting documents..
Pwdy po ba sya for online transaction? Like paying plane ticket? Thanks in advance
Is it true that only students can open a “Kaya Savings Account”? I just want it to be clarified. Thank you so much.
I went to Sorsogon BPI branch to open a Kaya savings account, i brought with me all the requirements need , went to the staff and told her my plan, suddenly she asked the question, are you working? or earning?, I replied yes, and she said I am not allowed to open kaya savings, instead i need to follow the account with 3000php maintaining balance.
Hi, can I open kaya saving account online?