How to Open Security Bank Savings Account

Opening a Savings Account with Security Bank is as easy as 1-2-3.

The application process is very seamless which is ideal for people who are busy or have little time to go through the steps.

3 Steps in Opening PNB Security Savings Account

Step 1

Fill out the Account Opening Form online with all the required information.

Step 2

Wait for the SMS or text message with the reference number to be sent to your registered mobile number.

Step 3

Go to the nearest Security Bank to finalize your Savings Account application. There are different types of savings account and you will need to choose your account type.

Security Bank Account Types

You will receive your ATM card within the same day, however, the activation will take up to 24 hours and you can start using it once it’s activated.

To activate the ATM card, you need to insert your card in the Security Bank ATM machine and follow the necessary steps.

Requirements when opening Security Savings Account

Initial deposit for account opening
1 Primary or 2 Secondary IDs

For non-resident aliens, you have to bring your Passport and ACR or AEP when opening an account with Security Bank.

What Account Type to Choose?

Easy Savings Account

If you want the basic and simplest savings account that works as a debit and an ATM MasterCard in one, this account is for you.

You can use this for ATM withdrawals, shopping (point of sale and online purchases) and for paying bills both locally and abroad. You can also avail of exclusive promos from Security Bank’s partner merchants.

You can also avail of exclusive promos from Security Bank’s partner merchants.

Just enroll your account in Security Bank Online and you’ll be able to monitor your account and do your transactions online.

You need P5,000 initial deposit to open an account with the same amount for maintaining balance. To earn interest, you need to have a balance of P100,000.

To earn interest of 0.10% per annum, you need to have a balance of P100,000

In terms of fees, there’s no annual fee for this account, free renewal of the card upon expiry (3 years) and free withdrawal from any security bank ATM.

Other Charges