From a print ad on a broadsheet:

6.0% Guaranteed*

  • Minimum of Php50,000
  • 5-year placement, tax-free
  • Accessible monthly income

*Rate is per annum and subject to change without prior notice.

Manage your account online via PSBank Remote Banking. Open a time deposit now in any of 163 branches nationwide.

For more information text PSBANK PRIME <your name> <landline no.> <email address> then send to 391-772 for Smart or 0917-890-2327 for Globe and other networks or visit our website at www.psbank.com.ph

Finance books (Colayco, Bo Sanchez, Robert Kiyosaki) generally advise that Time Deposits are not a recommended mechanism for savings. That’s because the interest rate loses to the inflation rate.

We’re providing the info on PSBank’s Prime TimeDeposit as options for people — use this facility if it addresses your needs. Know the details of fees and taxes, and the Effective Interest Rate.

eOFW is not related in any way to the companies featured in our articles except otherwise specified. We feature different companies for the information of our readers to help them better find services that suit their needs.

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