Rural Banks Offering Time Deposits with Higher Interest Rates

Here are rural banks in Metro Manila that offer time deposits with interest rates higher than those offered by bigger banks.

These rural banks are members of the Rural Bankers Association of the Philippines (RBAP).

Main Branch: 44 Gil Puyat Avenue
Customer Service Hotline: 889-0000 loc 902

BANK OF MAKATI Time Deposits

For terms of 30 days to less than 1 year:

5k to less than 50k — 3.75%
50k to less than 500k — 3.75%
500k and higher — 4.25%
4.5 to 5% for terms of from 1 year to less than 5 years

Has 16 Branches across the Philippines, including:

Antipolo Branch
4 Senator Lorenzo Memorial Circle
Bgy san Roque
Antipolo City
Tel: 697-5356 / 696-5585

Cainta Branch
New CRV Building, Gate 2
Felix Avenue cor Karangalan Ave
Tel: 646-3528 / 646-3415

Caloocan Branch
231-233 EDSA Monumento near MCU
Caloocan City
Tel: 367-7891 / 364-9039 / 367-1529

Zapote Branch
158 Ground Floor Burgos Bldg
Zapote 1, Zapote Road
Bacoor, cavite
Tel: (046) 417-7527 / 417-5617

Ground Floor, Westgate Tower
1708 Investment Drive
Madrigal Business Park
Ayala Alabang, Muntinlupa
Tel: 842-4074 / 842-4079

SMART BANK Time Deposits

For terms of 1 Year to Less than 5 Years:

100k to less than 250k — 5%
250k to less than 500k — 6%
500k and higher — 6.5%

Main Branch:
311 Shaw Boulevard
Mandaluyong City
Tel: 533-8244 / 534-7559 / 535-9391

AMA BANK Time Deposits

1 Year or 365 Days:

10k to less than 50k — 3%
50k to less than 100k — 3.75%
100k to less than 1M — 5%
1M to less than 2M — 5.25%

Shorter terms are offered, with
interest rates starting at 2%

Has several branches, including:
Pasig Branch
Unit 103 Armal Building
F. Legazpi Street
C. Raymundo Avenue
Maybunga Avenue, Pasig City
Tel: 641-0900 / 571-3251

Cainta Branch
Level 1 Robinsons Place
Ortigas Avenue Extension
Cainta, Rizal
Tel: 240-2110 / 655-9068

Morong Branch
304 T. Claudio Street
Morong, Rizal
Tel:   691-6551 / 653-0170 / 691-5533

Bacoor Branch
Units 114-115 Conrado Commercial Complex
Aguinaldo Highway, Niog 1
Bacoor, Cavite
Tel: (046) 417-3541 / (046) 417-6373

Head Office
BSJ Center, Guadalupe Mansion
J. P. Rizal St.
Makati City

BANCO SAN JUAN Time Deposits

Minimum time deposit of 5k
Free cellphone for minimum time deposit of 50k
Time deposits can be used as loan collateral

Has 30 Branches, including:

Quezon City Branch
Delta Bldg., Quezon Ave. Corner West Ave.
Quezon City
376-3220 to 21

Bacoor Branch
KM 16 E. Aguinaldo Highway
Niog, Bacoor, Cavite
(046) 417-1119 / 417-3231

Notes for all banks:

– Higher interest rates for longer terms
– 20% withholding tax for time deposits with term of less than 5 years
– No withholding tax for time deposits with term of 5 years
– Insured by the bank with the PDIC for up to 500k per depositor

Rural banks in Metro Manila that offer higher interest rates

Highest Interest Rates for Time Deposits in the Philippines

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