Planters Bank’s Premium 5
Here’s another time deposit with excellent interest rates. Published in the Nov. 26, 2008 issue of the Philippine Daily Inquirer, Planters Bank is offering 7% fixed interest rate for its Premium 5 Time Deposit.
For a minimum deposit of PhP50,000, the plan includes a free accident insurance coverage. It is a five-year, tax-free time deposit with monthly crediting of interest.
Providing a sample computation for PhP50,000, your money will earn PhP233.33 per month. At the end of the fifth year, your money will earn PhP14,000. Not bad, eh?
For more information, you may call Planters Bank Direct at (02) 812-5325.
Entry filed under: Banking, money tips, Savings. Tags: free accident insurance coverage, interest rate, philippine daily inquirer, Planters Bank, Planters Bank Direct, Premium 5, premium 5 time deposit.