Choose RCBC for an Organized Financial Life

Managing finances for your entire family can be overwhelming. With different financial goals for each person, you might find it challenging to track your expenses and savings using only one account. This is especially true for newlyweds and starting families, who must navigate significant lifestyle changes while managing their finances effectively. 

The best way to keep track of your expenses and savings is to utilize different accounts tailored for each person or goal. Now, the question is: where to open a savings account in the Philippines? Fortunately, RCBC is here to help you.

Savings Accounts at RCBC

At RCBC, we offer a variety of savings accounts designed to meet the specific needs of newlyweds, children, and elderly family members. Here’s a closer look at the options we provide:

For Newlyweds

Newlyweds often juggle several financial goals, including managing household expenses, building an emergency fund, and saving for future milestones such as buying a home or starting a family. This can be quite challenging, especially while also discovering new things about married life. 

As newlyweds, you might be thinking if a joint bank account is a good idea right away after your wedding. After all, you’ve only just graduated from scouring the internet for budget wedding ideas in the Philippines. But if you want to start your financial journey as a married couple on the right foot, the answer is yes.

Our joint account is ideal for managing your shared expenses in the household because both you and your partner can contribute and monitor the account, ensuring transparency and collaborative financial planning. You can also arrange for your bills to be automatically paid using this account to ensure you don’t miss due dates.

Another account that will benefit newlyweds is OneAccount, which offers versatile add-on features such as life insurance, personal accident insurance, and card insurance. This savings account is excellent for couples who want to combine their finances and take advantage of additional insurance benefits, providing both convenience and security.

Lastly, if you’re trying to save for bigger milestones in the future, our Dragon Peso Savings is the best choice. This account offers tiered interest rates, making it a smart choice for long-term savings. It also allows unlimited withdrawals, providing flexibility for managing expenses while earning interest on your savings. 

For Children

For starting families, one of the most important things parents must do is keep their children educated about the realities of life. This involves teaching them the value of money and how to budget and save their own. 

Parents should also think about the future of their children, especially their education. This means setting aside some money for their college education, ensuring that they get the best education once they graduate high school.

At RCBC, we value your priorities as parents, which is why we offer the GoSavers savings account. Designed specifically for children, this account comes with an ATM card and passbook, making it easy for children to learn about banking and track their savings.

The account also has free comprehensive insurance for both the parent and the child. The insurance component provides added security, making it an excellent choice for parents who want to secure their child’s future and instill good financial habits early on.

For Elderly Family Members

In the Philippines, grown-up children still wish to take care of their elderly parents even as they start their own families. Couples who want to continue looking after their elderly parents and ensure they have their own money to spend can find suitable options at RCBC.

We have an SSS Pensioner Account, which allows you and your parents to conveniently receive and manage their pension. It provides ease of use and ensures that elderly family members can manage their finances independently. 

Start Banking With RCBC

Opening a savings account with RCBC is straightforward and convenient. Here’s how you can get started:

• Open a Bank Account Online: RCBC offers the option to open a bank account online in the Philippines. This online process is user-friendly and can be completed from the comfort of your home. We ensure a seamless online experience for your convenience.

• Visit Your Nearest RCBC Branch: If you prefer face-to-face interaction, you can visit any RCBC branch to open an account. Our friendly staff will assist you in choosing the right account and completing the necessary paperwork. We are always ready to provide personalized assistance to help you make the best financial decisions.

To open an account, you will need the following:

• A completely filled-out RCBC account opening form

• One valid government-issued ID

• Proof of address

Manage Your Finances With RCBC

At RCBC, we are committed to making the management of family finances easier for newlyweds and starting families. By utilizing different savings accounts tailored to each family member’s needs, you can efficiently track your expenses and savings while working towards your financial goals. Our comprehensive range of savings accounts provides the flexibility and security needed to manage your family’s finances effectively.