May 06, 2020 Benefits of Cash Deposit Machine of Metrobank CAM. Your account will be updated in real time. You can deposit machine safely inside the branch. You can deposit your money anytime 24 hours a day. No need to wait for the bank’s opening hours. A list of cash deposit machines in the Philippines is all you need for 24 hour deposit transactions. Metrobank Peso Time Deposits – Interest Rates. Peso Time Deposit Accounts 1 day to 1 week 2 wks 3 wks 1 month 2 to 3 mos. To 1 year; P 10,000 - 49,999-0.25%.

  1. Metrobank Time Deposit For 1 Year
  2. Time Deposit Rates
  3. Banco De Oro Time Deposit
  4. Metrobank Time Deposit Calculator
To deposit in a Metrobank branch over-the-counter, you are required to fill-out a deposit slip.
This deposit slip will document the details of the transaction such as your:
  • Account Number,
  • Account Name,
  • Amount of Deposit,
  • Date of Deposit,
  • Name/Signature of Depositor,
  • Name of the Bank Employee who receive and approve the deposit transaction
The deposit slip is critical in monitoring and maintaining the transaction records of the bank.
For those who want to have a copy or want to view what Metrobank Deposit looks like, here it is:

Sample Metrobank Deposit Slip (blank copy)
Metrobank Deposit Slip with guide on filling-out the transaction details

Download a copy of Metrobank Deposit Slip in Microsoft Word format.
Metrobank time deposit interest rate

If you don't have a copy of this Metrobank Deposit Slip, I recommend to download or save it to your computer for your future use.

Tips

  • Before going to the Metrobank branch to deposit, you must take note or have a copy of your Account Number which you want to deposit into.
  • Count your money (for the deposit) before going to the bank. Count the total number of each denominations (example by 100, 500 or 1000). Prepare that money or put all the deposit money in an envelope, purse or bag. This will speed-up your deposit transaction.
If you find these tips very useful, share this post to your family or friends for them to speed-up their deposit transaction in Metrobank.

Time deposits are safe

If you are looking for an investment but afraid of the risk of losing money, then time deposit is just the right investment for you.

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What is a time deposit?

A time deposit is an interest-bearing form of bank deposit that has a specified time of maturity. It requires the customers to deposit a certain amount of money in a bank and wait for it to mature or earn interest without any withdrawals. Interest earnings are determined quarterly, monthly, or annually. Although the amount you deposited will be inaccessible until the end of your time deposit (withdrawing the amount before a specified period of time will incur certain penalties), you will still have regular cash-flow in the form of interest payments.

Leading banks

In the Philippines, there are a number of banks to consider if you want to make a time deposit. Although, for all banks it is common that your earnings are higher if you invest a higher amount for a longer period time, there are banks with relatively higher time deposit rates than others. Below is a list of the best banks to include in your bowl of choices if you ever think of putting your excess money in time deposit.

1 year (12 months) Time Deposit of Php100,000 (as of March 29, 2018)

  1. Security Bank Peso Time Deposit

  • Interest rate: 2.01%
  • Investment returns: Php1,608
  • Estimated payout: Php101,608

  1. EastWest Peso Time Deposit

  • Interest rate: 1.75%
  • Investment returns: Php1,400
  • Estimated payout: Php101,400

  1. PBCOM Regular Time Deposit

  • Interest rate: 1.50%
  • Investment returns: Php1,200
  • Estimated payout: Php101,200

  1. RCBC Regular Time Deposit

  • Interest rate: 1.38%
  • Investment returns: Php1,100
  • Estimated payout: Php101,100

  1. Maybank Classic Time Deposit

  • Interest rate: 1.25%
  • Investment returns: Php1,000
  • Estimated payout: Php101,000

6. Security Bank Peso Time Deposit

  • Interest rate: 1.20%
  • Investment returns: Php960
  • Estimated payout: Php100,960

7. Chinabank Diamond Savings

  • Interest rate: 1.00%
  • Investment returns: Php800
  • Estimated payout: Php100,800

Metrobank Time Deposit For 1 Year

8. UnionBank Peso Time Deposit

  • Interest rate: 0.88%
  • Investment returns: Php700
  • Estimated payout: Php100,700

9. Metrobank Peso Regular Time Deposit

  • Interest rate: 0.88%
  • Investment returns: Php704
  • Estimated payout: Php100,704

10.CTBC Peso Time Deposit

  • Interest rate: 0.85%
  • Investment returns: Php680
  • Estimated payout: Php100,680

These are only the best choices depending on the interest rates. If you have other factors to consider, such as the proximity and accessibility of the bank to your home/workplace, then your options may vary. Furthermore, some banks sometimes offer promotions including a surge of their time deposit interest rates. You may also want to watch out for these. Of course if you want growth the stock market is still the best place where you can make your money grow over the long term.

Time Deposit Rates

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Banco De Oro Time Deposit

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Metrobank Time Deposit Calculator

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