Current bank interest rates

[1D4LV]

diba mga 2% p.a. lang interest sa TD.

2-3% ang rates ng mga commercial banks ngayon sa TD. higher sa mga savings bank and rural banks.

TBills ata is 4.75%.

[BlueBimmer]

grabe ang binaba ng TD rates this year...almost half nalang compared to last year...bakit kaya..

[XTO]

tag hirap mga bangko. yung annual namin last year sa PS Bank 7%
upon maturity last feb amf 2.75% daw eh di halos parehas na lang ng
30 days na 2.5%. ah nilipat namin sa rural bank near our place with a
7% annual interest from 8% the previous year. wala eh ganun talaga.

[_Qwerty_]

delikado pa yang mga rural banks.. i'll go with government bonds.. at 8% p.a. tax free pa..

[Galactus]

The benchmark 91-day T-bill rate is below 5%. 2 years ago, it was hovering at 11 - 13%. Maganda sana, kaya lang yung lending rates ng banko, halos nasa same level pa rin today vis-a-vis 2 years ago. Taas masyado ng spread nila.

Universal & Commercial Banks usually offer a graduated rate for TD's, depending on the length and amount of placement, ranging from 3-5% gross. For a 5-year term, the highest I've seen so far is World Partners Bank (7.5% net), Planters Devt. Bank & Robinson's Savings Bank (7%). Last month pa to, don't know kung nagbago na.

[BlueBimmer]

for bigger banks such as BPI, rcbc grabe ang bagsak sa rates...5yr terms baka nasa 6% lang...probably lower..

[XTO]

delikado pa yang mga rural banks..

depends siguro sa rural bank, yung rural bank sa may amin 1960's pa.
nagsara na lahat ang Family Savings Bank, Banco Filipino, at several
merges ng mga top caliber banking corporations still standing pa rin kaya
kampante naman kami. IMHO basta hindi masyadong malaki each acct
para kayang saluhin ng PDIC.

[BlueBimmer]

so 250k per bank nalang...hati hatiin ang big account...

[XTO]

so 250k per bank nalang...hati hatiin ang big account...

yes sir for peace of mind, tutal 50-499K has the same rate but there
are some na malakas ang loob placing over a million on each acct.
afaik katakot yun buti kung marami ko million eh wala naman.

[boybi]

depends siguro sa rural bank, yung rural bank sa may amin 1960's pa.
nagsara na lahat ang Family Savings Bank, Banco Filipino, at several
merges ng mga top caliber banking corporations still standing pa rin kaya
kampante naman kami. IMHO basta hindi masyadong malaki each acct
para kayang saluhin ng PDIC.

nadale na kami ng rural bank, remember Prime Savings Bank? ang laki na nito, more than 60 branches na yata, pero na-bankcrupt din. kaya ingat ka sa mga rural banks.

[boybi]

....kaya lang yung lending rates ng banko, halos nasa same level pa rin today vis-a-vis 2 years ago. Taas masyado ng spread nila.

ang lending rate ng BPI and BDO-Equitable is 8% nalang (credit line), from 10-11% last year. pwede pang i-haggle para mas babaan pa ang rate.