From a print ad on a broadsheet:
- 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.
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