Basic Deposit Account

A no-frills, BSP-mandated account designed for the unbanked. Now also available in-app as the "BDO Pay Basic Account".

Pros

• No maintaining balance
• ₱0 to open (in-branch or in-app)
• Largest branch & ATM network

Cons

• Balance capped at ₱100,000 (BSP rule)
• Modest interest

Quick facts

• Network: Basic savings
• How to open: BDO Pay app or any BDO branch
• Last verified: June 2026