PSBank’s Prime Time Deposit (Jan. 12, 2009)

January 12, 2009 at 5:41 am 1 comment


If you have some money you want to park for five years at a higher interest rate, you may want to try PSBank’s Prime Time Deposit. In the Jan. 12, 2009 issue of Philippine Star, the PSBank ad shows that for a minimum of PhP50,000 deposit, you can earn 6%.

Here’s the PSBank advertisement.

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Download Suze Orman’s 2009 Action Plan for free! PSBank’s Premium US$ Time Deposit (Jan. 13, 2009)

1 Comment Add your own

  • 1. Tyrone @ Millionaire Acts  |  August 23, 2009 at 2:36 pm

    The interest is high. However, the catch is it is a 5-year placement. That means, investor should not withdraw their money for 5 years. I guess investments such as mutual funds and UITFs provide a better return even in this times of recession. If you know how to play stocks, then 6% is definitely a low yield.

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