OFBank introduces higher yield passbook savings account

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08 February 2019
OFBank is now offering a premium savings account which gives higher interest rates than a regular savings account and are tiered based on average daily balance (ADB) levels. OFWs and their beneficiaries who have extra funds available can now open an EASY (Earning Access and Sure Yield) Savings Plus at the OFBank Head Office in Manila. 
With a minimum initial deposit of 20,000.00, an individual can open an EASY Savings Plus account by just presenting and submitting the basic requirements to open an account. A passbook will be given upon opening an account to track your deposits and interest earnings. Depositors can deposit anytime and withdraw 2x in a month.
With an EASY Savings Plus, a depositor can enjoy the benefits of a regular savings account with flexibility of withdrawing funds (at the maximum of two (2) times a month) and also get higher returns in terms of higher interest rates than a regular savings account.