Current bank interest rates

**7391N** · March 16th, 2007 05:20 AM

Anybody here who might know the interest rates for time deposits or any other higher level funds in Metrobank and RCBC? I'm not in the country right now so I can't go to any of the banks to ask. Also in their websites, the rates are not mentioned. I also tried searching the forum but there aren't seem to be any similar threads. Thanks!

**_Qwerty_** · March 16th, 2007 01:58 PM

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

**1D4LV** · March 16th, 2007 02:03 PM

Originally Posted by Dvorak

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** · March 16th, 2007 02:14 PM

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

**XTO** · March 16th, 2007 02:25 PM

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_** · March 16th, 2007 02:29 PM

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

**Galactus** · March 16th, 2007 02:33 PM

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** · March 16th, 2007 02:41 PM

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

**XTO** · March 16th, 2007 02:57 PM

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.