The term "Time deposit" in the Philippines is also called certificate of deposits, term deposits or fixed deposits. It is another way of making your excess money more useful. Banks in the Philippines offers different rates based on the period of term and the amount of money you wish to deposits Time deposit offers higher interest rates of return compared to savings account. Here's a list of time deposit rates of some banks here in the country.
BPI Time Deposit Rates
BDO Time Deposit Rates
Allied Bank Time Deposit Rates
MetroBank Time Deposit Rates
UnionBank Time Deposit Rates
Note : Bank gives different interest rates every week or for a certain period of time. If you're interested to apply, just go to the nearest bank in your place.
