Thursday, June 30, 2011

RCBC Savings Bank Teaches Kids to Save Early



Its back-to-school season once again. After tuition fees and school supplies were paid, there's only one thing to do now... SAVE up for the rainy day.

Today, RCBC Savings Bank (RSB) do not only teach you how to save money, but your kids as well. For just a minimum opening of Php500, you can already open a W.I.S.E. Kiddie Savings Account. A term derived from Wise Investors Save Early, the RSB W.I.S.E. Kiddie Savings Account is a standalone account for children 7 to 14 years old, but can also be held in trust under your own RSB savings account for much younger kids 0-6 years of age.

Maintaining the kiddie account requires only Php1,000, while to make it earn 0.5 percent interest, the balance must reach Php5,000. Their account comes with their own passbook while you can opt to have an ATM card or not.


W.I.S.E. Kiddie Savings Account also comes with perks and privileges from Partner Merchants nationwide where they can get discounts and freebies at selected establishments. For an initial deposit of Php1,000, a free personal accident insurance coverage worth P20,000 that is valid for one year and renewable annually, covers Accidental Death, Disablement and/or Dismemberment that may befall the account holder and his or her parent/ guardian. This feature can further enhance your child's mind the idea of being well prepared to face the future.


Share the value of investing to your kids. Opening an RSB W.I.S.E. Kiddie Savings Account is one way you could prepare them to be responsible and open their sense of financial mindset.

RCBC Savings Bank is the thrift banking subsidiary of Rizal Commercial Banking Corporation (RCBC), the country's fourth largest commercial bank. To know more about the RSB W.I.S.E. Kiddie Savings Account, you may call tel. no. 782-5676 or visit http://www.rcbcsavings.com/.

10 comments:

  1. This one's nice. Sana bata nalang ulit ako. Haha. Sa alkansya ko lang nilalagay un ipon ko dati e. :D

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  2. @Helen: Naku tama ka jan. Ngayon kasi, mas magaling ako magspend than to save. But I'm trying very hard not to splurge that much now. :)

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  3. I am for this. I wish my parents pushed me to save backed in the days. They did pero parang kulang pa at naging ubos-biyaya ako nung kolehiyo at college. Oh well, humanda ka future child ko. Gagawin kitang milyonaryo at madiskarte sa pera. Nice post.

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  4. ang ganda naman ng offer nila, my kids were saving on a different bank, i'll ask my husband if my youngest son can open an account with RCBC too :)

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  5. @Chris: Oo, yan ang featured product namin today, buti pa nga sila, they can invest early na, while having different perks :)

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  6. @Joy: The savings account is really great for the young ones. :) I have this officemate and lahat ng napamasko ng kid niya, she would save sa WISE Account ng kid niya so hindi nasasayang lang sa toys and candies yung money niya. So when he grows up, he'll see the benefits of saving up :)

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  7. Kudos to RCBC. I wish someone already taught me how to save back when I was a kid. Right now I'm still trying to master the "art of saving" :)

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  8. Thanks for the information sis, right now wala pang bank account ang bunso ko but he is already taught the value of saving - he has a piggy bank to fill.

    Been here from Pinoy Bloggers Comment Exhange

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  9. hmmnn.. let me think about this one for Ykaie...

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  10. Hindi ugali ng karaniwang Pinoy ang mag-impok kaya maganda na bata pa alng ay tinuturuan na ang mga bata na magtabi ng pera para sa hinaharap. Nice post. #NapadaanLang

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