Your kids can be money-savvy with their very own savings account that comes with a debit card and/or passbook.
This is perfect for parents who:
Have kids 0 to 21 years old
Want to empower their kids with financial know-how
What you’re in for:
Minimum Initial Deposit
PHP 100
Required Average Daily Balance (ADB)
None
Balance to Earn Interest
PHP 5,000
Interest Rate
0.15%
MyDebit ATM Card Benefits
Cashless and Online Shopping
Enhanced Security
Worldwide Acceptance through Mastercard
Manage and access your account 24/7
Transaction Record
Transaction Record
Passbook
Statement of Account
You only need to prepare:
Completely filled out RCBC account opening forms
Any one of the following identification documents
Less than 7 years old (ITF accounts only): Passport, School ID (with proof of enrollment), Birth Certificate issued by the Philippine Statistics Authority (for children who still do not know how to read or write).
From 8 years old to 17 years old: Passport and School ID
From 18 years old to 21 years old: Any valid government-issued ID
Your kids will love the unique look of their very own passbook!
Ready to open your child’s first account? Apply at your nearest branch
