PASSBOOK SAVINGS

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Easily monitor your banking transactions through an interest-earning deposit account that comes with a passbook and an option to avail of an EastWest Visa Debit Card.

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Minimum Initial Deposit
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P 10,000

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Maintaining ADB
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P 10,000

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Interest Earning Balance
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P 10,000
P 25,000 (for accounts with an EastWest Visa Debit Card)

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Interest Rate
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0.125% p.a

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Withholding Tax
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20%

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Fund Access
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EastWest Online and Mobile
Local ATMs and Visa Plus ATMs worldwide
Visa-accredited merchants worldwide
Visa-accepting online merchants globally
Over-The-Counter

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Transaction Record
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Passbook
Online bank statement

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Dormancy Charge
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P 30.00 per month
(Applied to dormant accounts 5 years and above AND balance falls below the minimum monthly ADB)