Time Deposit Overview
Competitive Interest Rates and Flexible Terms
Earn higher interest than savings and choose the term of your placement - for as short as 30 days to as long as 5 years.
Safe and Guaranteed Returns
Your time deposit placement and earnings are safe and guaranteed by the Bank.
Get More When You Book Online
Enjoy exclusive features when you book through EastWest Online or Mobile: online bonus interest rate of 0.25%, customized maturity date, automatic roll-over and self-service pre-termination.
What you need to know?
Minimum Initial Deposit
₱ 10,000
Minimum amount to open a Time Deposit account
Interest Rates
Enjoy competitive interest rates.
Terms
Flexible Terms from 30, 60, 90, 180, 270 or 360 days, up to 5 years
Online Time Deposit
Customized Tenor
your choice of fixed maturity date, or term of your time deposit from 30 to 360 days upon set-up.
Roll-over Order
Customized roll-over of your principal, principal + interest, or interest only anytime prior to the maturity of your placement.
Pre-termination
Terminate your online time deposit ahead of maturity date without having to go to your store of account and have your proceeds2 credited to your settlement account.
Partial Pre-termination
– access your funds when you need it ahead of maturity date without having to pre-terminate your whole time deposit placement.
To open an Online Time Deposit, log in to your EastWest Online or Mobile account and select “Apply for a Product”. Details on your TD placement will be sent immediately after confirmation and you may view it anytime online.
1 – Applicable to Peso Online Time Deposits only.
2 – Subject to terms, conditions, and applicable interest rates.
Time Deposit Calculator
See how our time deposit can help you save up faster to achieve your goal.
At least one (1) un-expired Identification Document (ID) with photo and signature
List of Accepted IDs
- Philippine Identification – PhilID
- Passport
- Driver’s License
- Professional Regulations Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance (Digitized)
- Postal ID (Digitized)
- Tax Identification Number (TIN) (Digitized)
- Government Service Insurance System (GSIS) e-Card
- Social Security System (SSS) Card
- Senior Citizen Card
- Overseas Workers Welfare Administration (OWWA) ID
- OFW ID
- Seaman’s Book
- Professional ID cards issued by the Maritime Industry Authority (MARINA)
- Government Office and GOCC ID e.g. Armed Forces of the Philippines (AF ID), Home Development Mutual Fund (HDMF ID)
- Certificate from the National Council for the Welfare of Disabled Persons (NCWDP)
- ID issued by the National Council on Disability Affairs (NCDA)
- Unified Multi-Purpose ID Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines
- Company IDs issued by private entities for institutions registered with or supervised or regulated either by the BSP, SEC or IC
- Other identification document that can be verified using reliable, independent source documents, data, or information
- Proof of billing (under your name & home address)
- Presentation of additional documents for:
Minors
- Original and clear copy of NSO Birth Certificate
- For Guardian or Administrator, or original and clear copy of the Court Order appointing them
Tax-Exempt Individuals
- Notarized Tax Exemption Affidavit executed by the applicant/depositor
- Certification of Tax Exemption issued by Revenue District Office (RDO)
Non-Resident individual and OFW
- Passport
- Alien Certificate of Registration (ACR), Immigrant Certificate of Registration (ICR) for non-citizen of the Philippines
- Contract of Employment for Philippine citizens
Frequently Asked Questions
It's a savings account where funds are deposited for a fixed period, typically offering higher interest rates.
Visit a bank, choose a term (e.g., 6 months), and deposit funds; account matures at term end.
Offer higher interest rates than regular savings accounts and can be a low-risk investment option.
Yes, early withdrawal can incur penalties such as forfeiting interest or paying fees; check account terms.
Yes, most banks allow renewal or withdrawal of funds upon maturity; review option before maturity.
Enroll now at EastWest
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