BPI stresses importance of savings

Ayala-led Bank of the Philippine Islands (BPI) is encouraging Filipinos to discover the importance of saving up and making money work for them over the long term.

Carmina Marquez, head for deposit products at BPI, said Real Thrills lets BPI clients enjoy free gift cards or certificates to buy gifts from partner merchants, from appliances to gadgets to apparel and more.

“We continue to encourage more Filipinos to save for their aspirations, by providing not just creative deposit products but a satisfying experience by providing instant rewards, like Deposit Real Thrills. It is all about rewarding relationships,” Marquez said.

This gift is on top of the interest rate that a client enjoys from Maxi-Saver, a savings account that gives better returns than a regular account. It gives higher interest rates for higher balances. Plus, a bonus rate of 0.50 percent per annum credited monthly if the client does not have any debit transactions within the month.

Marquez added that what makes Deposit Real Thrills more exciting this year is the raffle where clients get a chance to win P1 million each month, tax-free.

The listed bank has named two winners who received P1 million each.

The promo runs until Nov. 15 and is open to new and existing BPI and BPI Family Savings Bank clients who will deposit fresh funds of at least P250,000 or $5,000 to a MaxiSaver or BPI Advance savings account.

“We hope that with financial products and programs that delight our clients, we are able to give them more compelling reasons to save and realize their dreams,” Marquez added.