Robinsons Bank Corporation, also known as RBank, is a commercial bank which provides banking services for retail and business customers in the Philippines.
RBank offers customers to open a savings account to keep your earned money in a bank. It will also accumulate interest in the account if the average daily balance is meet.
In order to open a savings account, a minimum deposit is required and make sure that the account balance doesn’t go below the minimum. The minimum deposit and maintaining balance depend on the type of savings account you have.
With RBank mobile app, it is now easier to open a new account as they offer to open an account online. There are various types of savings account offered that you can choose from:
This product comes with its own RBank VISA debit or ATM card. With this type of savings account, you’ll have both maximum control of your savings account and full cashless convenience. The minimum opening and maintaining balance is PHP 2,000. You will be able to earn interest if you maintain an average daily balance of more than PHP 10,000.
With your Robinsons Bank Passbook Savings Account, you can earn monthly interest if you keep an average daily balance of PHP 10,000. The opening and maintaining balance for this account is PHP 5,000. You’ll be provided with your own passbook so that you can easily monitor your transactions with your account.
Robinsons Bank’s Simplé Savings program will allow you to open your own savings account with an initial deposit of just PHP 100. You can also start earning interest with an average balance of only PHP 500. For an additional PHP 150, you will also get your very own VISA debit card.
With this type of savings account, the initial deposit and maintaining balance is PHP 100. You will be able to earn interest if you maintain an average daily balance of more than PHP 10,000. You will also be able to earn Rewards Points if you maintain an average daily balance of more than PHP 5,000.
The IPONsurance Savings Account will grant you free life insurance coverage if you deposit a minimum of PHP 20,000. Your coverage is worth up to four times your account’s average daily balance. This product is available to clients between 18 and 65 years of age. You will be able to earn interest upon maintaining a balance of PHP 20,000.
To learn the steps on how to open an RBank savings account online, here is the guide:
1 Download and install the RBank Signup app on your mobile phone.
2 Once installed, tap the OPEN A NEW ACCOUNT button. And, follow the instructions for enrolling the new account.
- Tap the OPEN A NEW ACCOUNT button.
- Read the Terms and Conditions and press the Proceed button.
- Get ready your valid ID as you need to take a photo of it.
- Select the Account Type that you want to open and click the Continue button.
- Select the Product Type that you want to open and press the Continue button.
- Make sure that you have strong and stable internet connection, a proper lighting for selfie, and the valid ID:
- SSS
- UMID
- Driver’s License
- Passport
- Select your Valid ID Document that you want to use and take a photo of it.
- Enter your personal details. Then, click Next button.
- Enter your email address and mobile number.
- A 6-digit code will be sent to your registered number. Enter that OTP in the space provided and tap the Submit button.
- Input your present address and mailing address as well as your preferred branch.
- Tap the button to sign your application.
- Review the details you have entered and tap the Submit button.
- Confirm your application by clicking the Yes, Submit button.
- You have created your RBank account. It will display your account number.
For further instructions and the next step, check your email for more details.
3 To activate your account, you need to deposit funds. You must deposit at least P100 within 30 calendar days in order for your account to remain active. Here are the ways to fund your account:
- Over the Counter – visit any Robinsons bank
- Transfer funds from other Robinsons Bank accounts
- RBank Digital online banking
- ATM
- Transfer funds from other Local Banks
- Instapay
- PesoNet
- Thru RBank Mo agency banking partner outlets
If you want to access your account, you can enroll your account in RBank Digital app, here is the guide to enroll your account online:
Robinsons Bank is an esteemed financial institution that caters to the diverse needs of its clients. They offer a wide range of services, including savings accounts, business loans, credit cards, and more. If you want to learn more about their offerings, you can visit their official website, which is a reliable source of information. There, you’ll discover details about the bank’s history, its management team, and its core values. Not only that, but Robinsons Bank also maintains an active presence on social media. By checking out their official pages, you can stay updated on the latest news and promotions. Moreover, if you require assistance from RBank Customer Care, you can rest assured that they’re always ready to lend a helping hand. You can check out their contact details on this link, https://www.robinsonsbank.com.ph/customer-care/.