BDO Junior Savers Club

I saw one of the BDO brochures today saying “The Earlier, The Better”. I grab one copy and found out that it is the BDO Junior Savers Club. I carefully read it and said to myself, this is what I am looking for! As early as now, I want to save up money for my son’s future.

BDO Junior Savers Club is an exclusive savings account for 12 years old and below, with fixed interest rate of 0.500% per annum. The savings account is available with specially-designed passbook and shopping card which can be used in all SM Department Stores and affiliate establishments.

Kids 8 years and above can get their own ATM card and for kids 6 years and below will have a Junior Savers Club ID card.

If you are planning to open a BDO Junior Savers Club for your kiddo, here are the requirements:

* 2 valid IDs of Parent/s or Guardian
* 1×1 ID picture of the Parent/s or Guardian and Child
* Original and Photocopy of Child’s Birth Certificate
* Initial deposit requirement - PHP 500.00
* Minimum monthly maintaining balance - PHP 100.00
* Minimum balance to earn interest - PHP 500.00

I will definitely get my son his own BDO Junior Savers Club account.