Need to open a bank account for personal spending, saving, or investing needs? Apply for a Metrobank eSavings Account fully online with just 1 valid ID.
Here’s how you can make the most of this account:
1. Transact with no maintaining balance
With the Metrobank eSavings Account, you won’t have to worry about fees or penalties if your balance falls below a certain amount.
You can conveniently pay bills and transact online or in stores while enjoying the flexibility of a zero minimum balance requirement.
The account also offers 4 free InstaPay transfers through rebates each month. This can be helpful for making online transactions, sending money, and splitting expenses.
2. Keep your savings safe
You can maintain a dedicated bank account to easily track your progress towards a savings goal.
Whether you’re building an emergency fund or saving for a planned expense, you can keep your money organized, secure, and accessible in a Metrobank eSavings Account.
3. Grow money for goals
Your Metrobank eSavings Account lets you begin your investing journey. It can serve as a settlement account for making investments through Earnest.
Here are simple ways to potentially grow money via the Earnest app:
- Start an Online Time Deposit
Earn guaranteed interest by opening an Online Time Deposit. Choose how long you’ll invest, from as short as 30 days to as long as 1 year.
Time deposit accounts are covered by deposit insurance so you can rest easy knowing your money is safe. You can even open multiple time deposits for different goals.
- Explore investment funds
If you’re looking for a beginner-friendly product, you may want to consider putting money in a Unit Investment Trust Fund (UITF). This allows you to begin with P1,000 then grow your portfolio little by little.
You can use your linked Metrobank eSavings Account to add money to your UITF investments anytime. When the time comes to take money out, you’ll receive the redeemed amount in your bank account.
Keep learning about UITFs in this article and read our guide on how to start investing with your Metrobank eSavings Account.
To find out more about the features and requirements of this account, visit the Metrobank website.
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