Product and Services

DEPOSIT ACCOUNT
 Savings account

Under savings account, PNB offers the following with corresponding

classification and their required initial deposit. These have a rate of 0.1%.

Debit Savings Yes No 0.100% Php 3,000

Passbook Savings No Yes 0.100% Php 10,000
TAP Mastercard Yes No 0.100% Php 0
Top Saver Yes Yes Tiered Php 30,000
MyFirst Savings Yes Yes 0.100% Php 0
Debit Account Lite Yes No 0.100% Php 0
Pensioner Yes No 0.100% Php 100
Savings
Direct Deposit No Yes 0.100% Php 100
Pensioner

Debit savings is a regular savings account that comes with a PNB-PAL

Mabuhay Miles Debit Mastercard. PNB-PAL Mabuhay Miles Debit Mastercard is
an interest-earning account, earns points which can be redeemed for Mabuhay
Miles when you shop at select merchant categories. Those who avail can enjoy a
500 Mabuhay Miles welcome gift when you purchase at PAL within 3 months from
card issuance. It can be withdrawn at any BancNet, MegaLink, or ExpressNet
ATMs in the Philippines. It is accepted internationally at Mastercard and
Maestro-affiliated shops and ATMs and it can be accepted for online transactions
for ease and convenience. Initial and maintaining deposit are amounting to Php
3,000. To earn interest Php 10,000 is the minimum amount needed for average
daily balance.

Passbook savings requires an initial deposit of amounting to Php 10,000

with a minimum maintaining balance of Php 10,000 and a minimum of Php 15,000
ADB to earn interest.

TAP Mastercard do not have any maintaining account or what they call
zero-maintaining savings account and can be used to withdraw cash, check
balance and purchase goods and services wherever Mastercard and Maestro are
accepted. Minimum average daily balance to earn interest is Php 10,000.

Top saver account is a special savings account that earns for bigger
balances with tiered interest on top of the regular savings account rate. It comes
with a passbook or a PNB-PAL Mabuhay Miles Debit Mastercard. Tiered rate
tiered-rate account is a checking or savings account that pays interest at higher
rates as the account balance increases. Primarily Php 30,000 is needed to avail
this account.

“My first savings” is suitable for students especially for 7 years old and
below. As signatory of the account are the parents or legal guardians considered
as "IN TRUST FOR" (ITF) with no maintaining balance. However, minimum of
Php 5,000 is needed for average daily balance to earn interest.

Debit account lite is a savings account fit for microbusiness and low-income
households. It provides access without the need for maintaining a monthly
balance. However, a certain amount of cash is needed to earn interests, a
minimum of Php 10,000 average daily balance to earn interest. This account also
has its maximum amount account balance and total deposit in a year which is Php
50,000 and Php 100,000 respectively.

Pensioner account is an interest-bearing savings account intended for SSS

pensioners and comes with a debit card. This account secures access to monthly
pensions. It requires an initial and maintaining deposit amounting to Php 100 and
minimum Php 5,000 average daily balance to earn interest.

Direct Deposit Pensioner account is made especially for U. S. pensioner

that comes with a passbook. It is an interest-earning savings account with lower
maintaining balance and service charges. The pension/benefit payments are
directly credited to the accounts and withdrawals can only be done by the account
owner. This account requires an initial and maintaining balance amounting to Php
100 or 200 USD. On the other hand, for it to earn interest, Php 5,000 or 1,000
USD is needed to have an average daily balance.

 Checking accounts
These are accounts provided by the bank to experience a hassle-free payment.

Regular checking, non-interest earning account, which is withdrawable

through the issuance of a check. A monthly statement of account is given to
account holders. This type of account requires an initial and maintaining balance
amounting to Php 10,000.

Budget Checking account requires lesser amount of initial and maintaining

balance compare to regular checking, Php 5,000. It is a non-interest earning
account, which is withdrawable through a limited issuance of checks.
 A special checking account which earns regular savings rate is intended for
businesses and high net worth individuals. This account comes with VIP
checkbook, PNB-PAL Mabuhay Miles Priority Debit Mastercard, passbook,
special priority accommodation on branch transactions. This requires higher initial
and maintaining balance than others. Primarily minimum of Php 25,000
maintaining and average daily balance to earn interest. This account also has an
interest rate of 0.100% just like in savings account.

Greencheck account is a non-interest earning U.S. Dollar Checking

account which requires an initial deposit and maintaining balance of about 2,000
USD.
 Time deposits

These are preferable to those who want to secure and have more savings.
Given below are the corresponding requirements and rates.

Account Term Interest Rate Minimum

Deposit
Regular Time 30-360 Days Upon Maturity Php 10,000
Deposit
Treasury 0-360 Days Upon Maturity Php 10,000
Negotiated
Top Dollar 2,3,4,5 Years Quarterly USD 10,000
Green Market 30-360 Days Upon Maturity USD 10,000
Time Deposit

 Foreign currency accounts

These are provided by the bank for the convenience of those who transact
internationally. These secure and maximize foreign currencies. For easier
monitoring of account, these accounts come with a passbook. PNB Savings
Account allows deposit and withdrawal at any authorized PNB branch
nationwide. The interest rate provided for this product is 0.100% p.a.

U. S. Dollar Savings Account is an interest-bearing U.S. Dollar deposit

account. A minimum of USD 500 is needed for initial and maintenance of the
account and earnings of interest.

Euro savings account is an interest-bearing Euro-denominated deposit

account which allows an initial deposit of € 500, maintaining balance and average
daily balance to earn interest of the same amount.
 Renminbi Savings is an interest-earning Renminbi-denominated deposit
account. Requiring a minimum of CNY 2,500 for initial deposit, maintaining and
average daily balance. In this account, interest rate of 0.250% p.a. is higher than
the previous offers.

Japanese Yen account is a non-interest earning Japanese Yen deposit

account. That requires a minimum of JPY 50,000 for initial deposit and
maintaining balance. This account does not have interest rate.

CARDS

PNB Credit Cards allow the cardholder to purchase products and services in-store
and online within the set credit limit. These products are PNB Master Card,
PNB-PAL Mabuhay Miles Mastercard, PNB Visa, PNB Diamond UnionPay. It also
provides benefits for the convenience of the users such as the opportunity to
build credit, earn rewards and cash back, and protect against credit card fraud.
The following are the benefits of availing this product:

 Card protect: travel insurance, purchase protection insurance and fraud

transaction insurance.
 Travels awards on the Philippines Airlines including 5% discount on
selected PAL International Flights
 PNB cards 24/7 customer services hotline
 Electronic Statement of Account (eSOA)
 Installment programs - balance transfer, convert-to-cash, Transaction
conversion, ZERO % affortable payment plan (ZAPP)
 Other services- Cash advance, convenient peso billing, global acceptance,
flexible payment, payment centers
The credit and prepaid cards that PNB offers are the following:

 PNB Essentials Mastercard which has a free travel insurance of up to

1M, earns point at P70 = 1 point that is redeemable with reward and free
purchase protection insurance up to P250K, peso currently billing.

 PNB Platinum Mastercard which has free travel insurance of up to 3M,

earns point at P70 = 1 point that is redeemable with reward, & free
purchase protection insurance up to P250K.
 PNB-PAL Mabuhay Miles NOW Mastercard which has a free 1,000
Mabuhay Mile welcome gift upon card activation, free annual fee for 3
years, free travel insurance for up to 1M, & free purchase protection
insurance of up to 250K.

 PNB-PAL Mabuhay Miles Platinum Mastercard which has a free 2,000

Mabuhay Mile welcome gift upon card activation, additional free 10,000
Mabuhay Miles upon reaching 100K-worth of transaction at PAL, rewards
program with point-to-mile conversion of P60 = 1 point = 1-mile, free travel
insurance for up to 3M, & free purchase protection insurance of up to 250K.

 PNB PAL Mabuhay Miles World Mastercard which has a free 2,000
Mabuhay Mile welcome gift upon card activation, additional free 10,000
Mabuhay Miles upon reaching 100K-worth of transaction at PAL, priority
check-in at PAL international flights when booked online, low point-to-mile
conversion, free travel insurance for up to 10M, & free purchase protection
insurance of up to 250K.

 PNB Visa Classic with a 1% rebate on revolved interest, free travel

insurance of up to 1M, free purchase protection insurance up to P250K, &
low annual membership fee, peso currency billing.

 PNB Visa Gold with a 1% rebate on revolved interest, free travel

insurance of up to 1M, free purchase protection insurance up to P250K, &
low annual membership fee, peso currency billing.

 PNB Diamond UnionPay with access to perks and discounts from

UnionPay Travel Mate partner merchants, earns point at P70 = 1 point that
is redeemable with reward, free purchase protection insurance up to
P250K, World assists(medical and travel concierge services), & freedom to
choose from single currency or dual currency billing.
INSURANCE PRODUCTS
 Non- Life Insurance

PNB Banc Assurance provides solid financial services to help ensure and
protect one’s future and offers insurance products one can bank on.
Listed below are the Non-Life Insurance that PNB offers:

 Auto Protector Plan basically protects and insures auto vehicles from any
accidental damage and other day-to-day risks.
 House Protector Plan protects home against fire, theft and other
fortuitous events.
 6-in-1 Family Accident Protector Plan protect debtor and he’s family 24
hours a day, 365 days a year, anywhere in the world. Each case have
corresponding insurance.
 Accidental Death / Loss of Life where in the plan shall pay 100% of the
Principal Sum in the event of an injury resulting to death within twelve (12)
months from the date of accident
 Accidental Permanent Disablement where in the plan shall pay up to 100%
of the Capital sum in the event of an injury resulting to total permanent
disability or total loss of use of any part(s) of the body within twelve (12)
months, as stated in the schedule of benefits under the policy.
 Unprovoked Murder and Assault where in the plan extends to cover
death or disablement caused by Murder or Assault or any attempt
threat, provided such murder or assault shall not have been provoked by
the insured person.
 Medical Reimbursement where in the plan shall reimburse all the
expenses incurred within one (1) year from the date of accident, up to the
maximum amount selected per accident.
 Daily Hospital Confinement / Daily Hospital Income where in the plan
shall pay the actual amount selected for each day, up to thirty (30) days,
while the insured person is confined in a hospital as a result of an
accidental bodily injury.
 Accident Burial Expense where in the plan shall pay for burial expenses
in the event of death/loss of life of the insured person, as a result of an
accidental bodily injuries, up to the chosen plan limit.
ATMSafe

With the recent news of widespread ATM scams across the country, securing
ATM cards is a must. ATMSafe protects hard earned money withdrawn through
any ATM that accepts PNB Cards.
For just Php 12.00 per month, ATMSafe replaces money stolen from a
cardholder’s account as a result of skimming or any of the other forms of rampant
ATM theft scams. ATMSafe also ensures the safety of PNB ATM cardholders as it
restores money stolen during an ATM robbery – up to Php 50,000 for a maximum
of three (3) incidents per year.

Replacement of lost cash incurred from an ATM mechanical device or machine

tampering incident is up to P50,000.00 or actual loss, maximum of one (1)
incident per year and limited by the daily withdrawable limit, whichever is less.

1st incident will be refunded 100% of the amount of loss; 2nd incident - 50%; and
third incident - 25%. Other benefits of the program include: accidental death of
Php 112,500; hospital confinement benefit of Php 2,250 per day, maximum of
thirty (30) days; replacement of lost cash incurred from machine tampering of Php
50,000; trauma and emergency assistance; document replacement benefit; quick
processing of claims; identity theft restoration; and 24/7 coverage anywhere in the
world.
 Life Insurance

The Life insurance product provider of PNB Bancassurance is Allianz PNB Life
Insurance, Inc., one of the major life insurers in the Philippines, and a leading
provider of Variable Life Products, complemented by a full line of Life protection
offerings for individuals and institutions. Allianz PNB Life is a subsidiary of Allianz
SE, and an affiliate of Philippine National Bank.
Diversify Peso

Allianz PNB Life’s Diversify Peso brings together the opportunities of investing in
expertly managed funds and the security of having insurance protection of at least
5X of the customer’s basic annual regular premium.
Critical Illness 100
100 insures 100 major medical conditions to cover expenses from medicines to
therapy and even surgeries.
Optimum Gold/ Optimum Green
Allianz PNB Life’s Optimum Gold is a peso-denominated, single-pay, whole life
plan with a value that is directly linked to the performance of the underlying fund.
It brings together the opportunities of investing in expertly, managed funds with its
guaranteed insurance protection of at least 125% of the investment.
Financial products of PNB General Insurers Co., Inc. and Allianz PNB Life
Insurance, Inc. are not insured by the Philippine Deposit Insurance Corporation
and are not guaranteed by the Philippine National Bank.
Loans

*PNB Housing Loans allow Filipinos and non-Filipinos to obtain a bank financing
of residential properties in the Philippines. Refer below for the requirements.
Requirements
 Housing Loan Application Form (duly accomplished)
 Photocopy of 2 Valid Government-issued IDs
 Appraisal Fee of P3,500 (non-refundable)

 If with co-maker/co-borrower/attorney-in-fact, separate application form is

needed
 Data Privacy Client Consent Form

The following individuals are eligible in applying for a housing loan: Filipino
citizens; Natural-born Filipinos who have lost their Filipino citizenship (up to a
maximum lot area of 1,000 sq.m. only) ;Resident foreigners with permanent VISA
(limited to acquisition of condominium units only); At least 21 years of age,but not
more than 65 years of age upon loan maturity; Employed or self-employed
individuals.

Minimum loanable amount for a purchase of lot amounts to PHP500,000 (within

and outside Metro Manila). Moreover, purchase of house & lot, townhouse, &
condominium within and outside Metro Manila are PHP750,000 & PHP500,000
respectively. On the other hand, maximum loanable amount is up to 70% of the
appraised value of the property for lot and up to 80% of the appraised value of the
property for house & lot, townhouse & condominium.
Online banking

PNB Digital Banking is the online banking channel where PNB bank customers
can transact anytime, anywhere. Customers can access PNB Digital Banking by
using either desktop/laptop/tablet through PNB Internet Banking or mobile device
through the PNB Mobile Banking App.
Investments
Philippine National Bank (PNB) offers a wide selection of Unit Investment Trust
Funds (UITFs) suited for the clients’ financial goals. UITFs are investment
products that allow the pooling of funds from various investors with similar
objectives. These funds are managed by professional fund managers and are
invested in various financial instruments such as government securities, bonds,
commercial papers, and deposit products. Among PNB’s UITFs are the
Institutional Money Market Fund and the Enhanced Phil-Index Reference Fund.

The Bank developed the PNB Institutional Money Market Fund, an investment
scheme that provides corporate investors with conservative risk appetite potential
higher returns on their investment. The fund is invested in a portfolio of bank
deposits and other deposit instruments allowed by the BSP, with a maximum
weighted average duration of one year. The PNB Institutional Money Market Fund
has a minimum holding period of only three banking days, making it suitable for
clients with short-term investment goals.

The PNB Enhanced Phil-Index Reference Fund is ideal for clients who want to
invest in Philippine Stock Exchange Index (PSEi) stocks. It is invested in all of the
securities that make up the PSEi by using the index weighting in order to track
and mimic its performance.

Other investment products offered by the bank are Dollar-denominated Republic

of the Philippines (ROP) and Philippine Corporate Bonds, Peso Treasury Bills
(T-Bills), Peso Treasury Bonds, PNBig Savings Account, Personal Trust Account,
and Investment Management Account wherein professional fund managers
manage the investment portfolio of individuals and corporations who/which do not
have the time nor the expertise to manage their funds.
Additional

According to the interviewed personnel of PNB, there are special offers or

rewards when an investor invests significant amount of money. “Insert na lang
daw kay Dars. May dinagdag siya.”

References:
https://www.pnb.com.ph/