Easy Savings Account
Our basic savings account provides a simple and
convenient way to bank. No interbranch fees!
What is Easy Savings?
An Easy Savings Account is Security Bank’s basic and simplest account designed for everyone’s use:
- A debit and an ATM MasterCard in one, it’s your everyday partner in everything that you do: shopping, dining, paying bills, and more.
- Enjoy exclusive promos from our partner merchants.
- Freely transact and monitor your account anytime and anywhere through Security Bank Online.
- Unlimited deposit.
- Enjoy special privileges including free ATM transactions, waived fees, and many more when you upgrade to Gold!
At a Glance
Looking for a simple and convenient savings account? This is for you.
| Opening Balance | PHP 5,000 |
| Maintaining Balance | P10,000 |
| Balance to Earn Interest | PHP 100,000 |
| Interest Rate (p.a.) | 0.05% (0.0675% effective March 1, 2022) |
Requirements
ID/Documentary Requirements
| For Resident Citizen, Non-resident Citizen and Resident Alien | 1 primary valid ID or 2 secondary valid IDs Click here for the list of valid IDs |
| For Non-resident Alien | Passport or Alien Certification of Registration (ACR) I – Card |
How to open an Account
- Complete the account opening online form
- Wait for the confirmation for online video call appointment.
- Accomplish online video call to finalize application.
The perfect account for your everyday use
Low maintaining balance
Allows you to be carefree and flexible with your spend.
Debit and MasterCard in one
Freely transact online, in ATMs and in POS terminals here and abroad!
For your everyday essentials
Shop, dine, pay bills with ease using an account perfect for your everyday spend.
Convenient account opening
Get your Everyday Card and SB Online Access on the same day you opened it!
Apply for an account today!
Choose how you want to apply:
Make banking transactions more convenient with Online Banking
Easy-to-use and seamless, our online banking facilities are designed to provide the best possible online banking experience.
Hear from our clients
“I decided one morning that I wanted an account with Security Bank, I went to the branch nearest to me, and in 15 minutes I got my account!”
John A.“The low maintaining balance of my Easy Savings let me use it as my primary spending account. It’s very convenient.”
Hazel B.Frequently Asked Questions
Who can open an Easy account?
Anyone can open an Easy account as long you fulfill the starting and maintaining balance! You can even use it as your payroll account.
What is an Everyday ATM Debit MasterCard?
Everyday MasterCard is an international Debit and ATM MasterCard that you may use for ATM withdrawals, point of sale and online purchases both locally and abroad.
What are the benefits of the Everyday ATM Debit MasterCard?
The Everyday ATM Debit MasterCard entitles you to the ff. benefits:
- Discount and perks from partner merchants (www.securitybank.com/promos/)
- No annual fee
- Free renewal of the card upon expiry
- Free withdrawal from ANY Security Bank ATM
How do I avail discounts and perks from partner merchants?
Use your Everyday ATM Debit MasterCard to transact with the partner merchant. Terms and conditions apply.
How long will it take to receive and activate an Everyday ATM Debit MasterCard?
The ATM Everyday Debit MasterCard is instantly issued upon account opening. Activation, however, takes 24 hours. You may only use your card the day after account opening. Note that the Everyday Debit MasterCard must be activated first through a Security Bank ATM Machine before you can use another bank’s ATM.
Can I use my Everyday ATM Debit MasterCard in other banks’ ATMs?
Yes, you can use your card in CashLink, BancNet, or MegaLink ATMs nationwide. Outside the Philippines, you can use any ATM that accepts MasterCard. Please note however that certain withdrawal fees and charges apply.
What do I do if my Everyday ATM Debit MasterCard gets lost or stolen?
Immediately inform us of the lost or stolen privilege card by calling the Customer Service Hotline at (02) 888-791-88. You may also go to any branch to have your card replaced. A card replacement fee of P300 will be charged.
When does my Everyday ATM Debit MasterCard expire? How can I renew it?
Your card will expire 5 years after getting it. Upon expiry, present your card to any Security Bank branch for free renewal.
I want a passbook or a checkbook with my Easy account. Is this possible?
No. Since this is a savings account, our Easy account only comes with an Everyday Debit MasterCard. If you want to have a Passbook or checkbook, you may open an All Access Account instead.
When can I activate my account in Digibanker and SBOL?
This will follow the existing turnaround time:
- Digibanker – 2 to 3 days upon enrollment
- Security Bank Online – Within 24 hours upon enrollment
Don’t know how to activate? Click here.
Fees and Charges
| Dormancy Charges (starting on the 61st month) – per month | PHP 350 per month |
| Charge for Fall Below Min. Bal – per month after 2 consecutive months | P300 |
| Early Closure Fee (within 30 days) | P300 |
| Debit Mastercard Replacement Fee | PHP 300 |
| Statement of Account (SOA) Printing | PHP 100 per page |
| Over-the-Counter (OTC) Withdrawal Fee | PHP 100 (P200 starting May 5, 2021) |
| PIN Replacement Fee | PHP 100 |
| InstaPay | PHP 25 |
For further inquiries, please call the Security Bank hotline at 8-887-9188.
List of Valid IDs
| PRIMARY ID | SECONDARY ID |
| Passport | Company ID |
| Driver's License | NBI Clearance |
| PRC ID | Police Clearance |
| Digitized Voter's ID | Postal ID (Paper-based card) |
| GSIS e-Card | Barangay Certification |
| SSS Card | OWWA ID |
| Senior Citizen Card | OFW ID |
| Unified Multi-purpose ID | Seaman's Book |
| ACR / ICR | GOCC ID [e.g. Armed Forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)] |
| Integrated Bar of the Philippines | DSWD Certification |
| School ID | PhilHealth Insurance Card ng Bayan (PHICB) |
| NCDA ID | City Health Card / Health Certificate Card |
| Postal ID (PVC Plastic Card) | Tax Identification Number (TIN) |
Additional identifications (IDs) or documents may be required by our branch based on the interview and the type of account to be opened. The Bank reserves the right to decline account opening request based on its evaluations.