How to Open a Bank Account with Zero Initial Deposit (Philippines)
Maraming bangko sa Pilipinas ang nag-aalok ng savings accounts na walang initial deposit, mababa o zero ang maintaining balance, at maliit o walang registration fee. Ito ang mabilis na gabay para pumili ng account na swak sa puhunan mo.
What you’ll learn in this zero initial deposit guide
In this guide, you’ll learn how to open a bank account with zero initial deposit in the Philippines, how zero maintaining balance accounts work, and which banks and products are friendliest for new savers and small business owners.
For related steps when starting a business, you may also want to read our Business Registration and Bank Account Guide, DTI Business Name Registration Guide, and Government IDs Step-by-Step Guide.
To plan your monthly savings and maintaining balance targets, you can use our Budget Calculator to map out income, expenses, and how much you can regularly set aside in your new account.
Banks with Zero Initial Deposit Accounts
Narito ang ilang bangko sa Pilipinas na nag-aalok ng savings accounts na maaaring buksan kahit walang initial deposit.
| Bank | Account Type | Zero Initial Deposit? | Minimum Initial Deposit (₱) | Minimum Maintaining Balance (₱) | Registration Fee (₱) |
|---|---|---|---|---|---|
| RCBC | iSave | Yes | 0 | 0 | 0 |
| Philippine National Bank (PNB) | PNB Mobile Account | Yes | 0 | 0 | 0 |
| BDO | Basic Account | Yes | 0 | 0 | 0 |
| CIMB Bank | UpSave Account | Yes | 0 | 0 | 0 |
| UnionBank | Personal Savings Account | Yes | 0 | 0 | 0 |
| UnionDigital Bank | Digital Bank Account | Yes | 0 | 0 | 0 |
| China Bank | Savings Easi-Save Basic | Yes | 0 | Not required to maintain balance, but ₱1,000 required to earn interest | 100 |
| Overseas Filipino Bank (OFBank) | Visa Debit Card | Yes | 0 | 0 | 0 |
📊 Comparison of Other Savings Accounts
| Bank / Account | Minimum Initial Deposit (₱) | Minimum Maintaining Balance (₱) | Registration Fee (₱) |
|---|---|---|---|
| Maybank iSave | 1,000 | 0 | 0 |
| DBP Peso Account (ATM card) | 500 | 500 | Not specified |
| DBP Peso Account (ATM card and passbook) | 5,000 | 5,000 | Not specified |
| Land Bank | 500 | 500 | Not specified |
| PNB Debit Savings Account | 3,000 | 3,000 | Not specified |
| BDO ATM Savings | 2,000 | 2,000 | Not specified |
📌 Important Notes Before You Open an Account
- Zero initial deposit means pwede kang mag-open ng account kahit walang ihulog na pera sa simula.
- Maintaining balance ay ang minimum na halaga na kailangan mong panatilihin sa account para iwas penalty o para manatiling active ang account.
- Registration fees ay one-time fees na sinisingil sa account opening, kung mayroon.
- Ang mga detalye sa taas ay snapshots lamang at maaaring magbago. Laging i-check ang opisyal na website o branch ng bangko para sa pinakabagong terms at requirements.
- Bukod sa deposit at maintaining balance, i-consider din ang interest rate, digital app experience, fees, at branch/ATM access bago pumili ng bangko.