TODO Savings

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

Complete Guide in Opening a Todo Savings Account

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.

Deposit Balance Requirements and Rates

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

Service Fees

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

Transaction Fees

Via BanKo Mobile

Send Money1

To any BanKo Account FREE
To any BPI account FREE
To other local banks / e-wallets via InstapayFREE
Pay BillsPhp 5
Buy LoadFREE

1Effective April 11, 2023

Via Accredited  BanKo Cash Agents

Cash In / Deposit2FREE
Cash Out / WithdrawalPhp 2 per Php 100

2Effective November 16, 2023

Via BanKo Branches & BLUs

Deposit³Free
Cash Out/ Withdrawal³2% of withdrawal amount

³Effective December 22, 2022

Frequently Asked Questions (FAQs)

Q: What will I get when I open a TODO Savings account?

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.

Q: How much money will my savings earn?

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.

Q: How much should I deposit to earn 5% p.a.?

A: You need to deposit at least Php 5,000 to start earning 5% interest p.a.​

Q: Will my savings be safe with TODO Savings?

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.​

Q: How can I deposit cash?

A: You may deposit to your TODO Savings account from other banks or e-wallet like GCash / Maya / Instapay.​

Q: How can I withdraw cash?

A: You may withdraw cash by transferring it to other banks or e-wallets like GCash and Maya using the Banko Mobile App.​

Q: Aside from the mobile app, can I also deposit or withdraw cash via branch?

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.​

Q: Can I transfer money from GCash and Maya?

A: Yes, you may fund your TODO Savings account using your GCash and Maya wallets.​

Q: What other things can I do with TODO Savings Account?

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.

Q: Where can I call in case I need help with my TODO Savings account?

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:​

[email protected]

Q: What version of Android / iOS is required to use the Banko Mobile App?

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.