Download the BanKo Mobile App
- Open an account in just 5 minutes with one (1) ID!
- Earn 5% interest* p.a.
- No Maintaining Balance
- Deposits are insured by PDIC
*Interest: 5% p.a. for balance ranging from Php 5K to Php 1M
0.0625% p.a. for balance above Php 1M
More Information
Q : How can I open a TODO Savings Account?
A : Prepare one (1) valid ID and follow these steps to open a TODO Savings Account:
Step 1. Download the BPI Banko Mobile App from Google Play or iOS App Store
For Android : Google Play
click here: https://play.google.com/store/apps/details?id=com.banko.cm&hl=en_US&gl=US
For iPhone : App Store
click here: https://apps.apple.com/ph/app/bpi-banko-mobile-app/id1401097498
Step 2. Click “TODO Savings” in the product selection page, then type your name, birthday, and click “Yes, I’m a Filipino.” (Todo savings is for Filipino Citizens)
Step 3. Read and accept the Terms and Conditions. Fill out the registration form in the succeeding pages.
Step 4.
Upload a valid ID image and take a selfie for the liveliness check.
You may use any the following IDs:
- Driver’s License
- Passport
- Postal ID
- PRC ID
- SSS ID
- Unified Multi-Purpose ID
- (UMID)Philippine National ID (PNID)
Step 5. Check and submit your application for approval.
Step 6. To complete the registration, nominate a username and password to access the TODO Savings account via BPI Banko Mobile App. Always remember, do not share your username and password to anyone.
Step 7. Nominate a 6-digit MPIN. This is required to authorize your future financial transactions. To ensure the security of your account, DO NOT share your MPIN to anyone.
Step 8. After opening an account, you will see your account number on the confirmation page. You will also receive a text message to confirm your successful TODO Savings Account Opening.
Q: What are the requirements in opening a TODO Savings account?
A: You just need a smartphone with internet connection and one (1) valid ID. No initial deposit requirement, but you need to deposit any amount within thirty (30) days to avoid account closure. Please see other Q&A to know more on how to deposit to your account.
Q: How can I deposit to my TODO Savings Account?
A: To fund your account, follow the steps below:
Step 1. Take note of your TODO Savings account number.
Step 2. Open your other bank/e-wallet application.
Step 3. Choose the transfer funds/money option.
Step 4. Select a bank: BANKO, A SUBSIDIARY OF BPI
Step 5. Input your TODO Savings account number and name.
Step 6. Verify the transaction using the OTP sent to your registered number.
Q: Can I use my Globe/Smart/Sun mobile number to register via BPI Banko Mobile App?
A: Yes. You may register your TODO Savings account using Globe, Smart, Sun, or Talk ‘n’ Text mobile number.
Required Initial Deposit
Any amount1
Required Maintaining Balance
None
Required Daily Balance2 to Earn Interest
Php 5,000
Interest Rate3 per Annum
N/A – For balance below Php 5,000
5.00% – For Php 5,000 to Php 1,000,000
0.0625% – For balances above Php 1,000,000
1 Deposit to your TODO Savings account within thirty (30) days from account opening to avoid account closure.
2 Daily Balance is equivalent to end-of-day balance
3 Interest earned shall be credited monthly to your active TODO Savings account
Monthly Service Charge
Php 504
Monthly Dormancy Charge
Waived
Cost of Debit Card
FREE
Local ATM Transactions
Balance Inquiry; In accordance to ABFC5
Withdrawal; In accordance to ABFC5
4 Monthly service fee will be charged to the account if there is no financial activity for twelve (12) months and if average daily balance is below Php 500.
5 These fees depend on the owner of the Automated Teller Machine (ATM). Please visit the website of the ATM owner
Via BanKo Mobile
Send Money1
To any BanKo Account | FREE |
To any BPI account | FREE |
To other local banks / e-wallets via Instapay | FREE |
Pay Bills | Php 5 |
Buy Load | FREE |
1Effective April 11, 2023
Via Accredited BanKo Cash Agents
Cash In / Deposit2 | FREE | |
Cash Out / Withdrawal | Php 2 per Php 100 |
2Effective November 16, 2023
Via BanKo Branches & BLUs
Deposit³ | Free |
Cash Out/ Withdrawal³ | 2% of withdrawal amount |
³Effective December 22, 2022
Frequently Asked Questions (FAQs)
A: With TODO Savings, you’ll earn 5% p.a. for your deposits starting from Php 5,000 up to Php 1,000,000.
You can be assured that your funds are safe because TODO Savings is backed by BanKo, a subsidiary of BPI.
You can conveniently pay bills, buy load, and send money to other banks with your TODO Savings account via BanKo App.
A: Your savings can earn 5% interest p.a. if your balance ranges from Php 5,000 up to Php 1,000,000. Any balance exceeding Php 1,000,000 will earn 0.0625% p.a.
Example:
Deposit Balance of Php 1,008,000
Php 1,000,000 – 5.00% interest p.a.
Php 8,000 – 0.0625% interest p.a.
A: You need to deposit at least Php 5,000 to start earning 5% interest p.a.
A: Yes, your savings are safe with TODO Savings since it is backed by BPI. Your savings are also insured up to Php 500K by PDIC.
A: You may deposit to your TODO Savings account from other banks or e-wallet like GCash / Maya / Instapay.
A: You may withdraw cash by transferring it to other banks or e-wallets like GCash and Maya using the Banko Mobile App.
A: Yes, you may visit our BanKo branches and accredited BanKo cash agents to deposit and withdraw cash.
For a complete list of BanKo Cash Agents, you may visit www.banko.com.ph/banko-locator.
A: Yes, you may fund your TODO Savings account using your GCash and Maya wallets.
A: Aside from saving up and earning high interests, you may send money to other local financial institutions through InstaPay, pay bills, and buy load using the BanKo Mobile App.
A: You may contact our BanKo Hotline number, available from Mondays to Fridays, 8:30 AM to 5:30 PM.
(02) 8819-6728
You may also email us at:
A: For Android: Version 5 or higher and for iOS: Verison 11 or higher
To read the BPI Direct BanKo Products, Services, Facilities and Channels terms and conditions, please click here.
I-Todo na ang savings!
Open a TODO Savings account today.
Just download the BanKo Mobile App.
Deposits are insured by PDIC up to Php 500,000 per depositor.