Easy Savings Account

Our basic savings bank account provides a simple and convenient way to bank. ₱5,000 opening balance only!

What is Easy Savings?

An Easy Savings Account is Security Bank’s simplest savings bank 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 for Opening a Bank Account

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

3 Easy Steps to Open an Account Online

  1. Complete the online account opening form.
  2. Wait for the confirmation for an online video call appointment.
  3. Accomplish online video call to finalize the 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!

Only 1 primary ID needed to open an account with us!

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.

Quezon

“The low maintaining balance of my Easy Savings let me use it as my primary spending account. It’s very convenient.”

Hazel B.

Makati

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
ACR / ICR Barangay Certification
Digitized Persons with Disabilities (PWD) ID City Health Card / Health Certificate Card
Driver's License Company ID - Shall be classified as Primary ID for Security Bank employees and subsidiaries
GSIS e-Card DSWD Certification
Integrated Bar of the Philippines GOCC ID [e.g. Armed Forces of the Philippines (AFP ID), Home Development Mutual Fund (HDMF ID)]
Maritime Industry Authority (MARINA) ID NBI Clearance
NCDA ID OFW ID
Passport OWWA ID
Philippine Identification (PhilID) Card Pag-IBIG Loyalty Card
Postal ID (PVC Plastic Card) Digitized/PVC PhilHealth Insurance Card ng Bayan (PHICB)
PRC ID Police Clearance
School ID Postal ID (Paper-based card)
Senior Citizen Card Seaman's Book
Special Resident Retiree's Visa (SRRV) ID  Solo Parent ID
SSS Card Tax Identification Number (TIN)
Unified Multi-Purpose ID  
Voter's ID  

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.

Deposits are insured by PDIC up to P500,000 per depositor

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