BPI or BDO?
By acmepride
@acmepride (1546)
United States
5 responses
@roi452 (232)
• Philippines
16 Mar 09
I'm currently using BDO and i'm satisfied with it. I'm outside the Philippines and i use their online banking - comparing it with BPI which i used before i'd say BPI's online banking is better.
I opened an account with BDO back when I was still in the Philippines because of their flexible banking hours and convenient branch locations. Some of their brances are open on weekends and up to 7 pm. I was working from 8 to 5 daily and it's nice that i was still able to do banking after work or during weeekends when I go to the malls.
@the_dutchess (2610)
• Philippines
15 Mar 09
I had opened an account in both banks but I think I'd prefer BDO. I think it's much better. BPI's initial deposit is 10K while BDO is 5K. BPI if I'm not mistaken has a maintaining balance of 10K and you have to pay 200 a month if your current balance is less than that. Plus, BDO opens as early as 8:30 compared to other banks which opens at 9. It has branches at the mall which is convenient if you go shopping or if you suddenly needs to withdraw on a weekend (in cases of passbook savings account). Service wise, they're both the same for me. But though, I think BPI online banking is much better than BDO, but just slightly. Hope I could help. That's pretty much I could share.
1 person likes this
@zhuuraan (961)
• United States
15 Mar 09
Well, I'm not from the Philippines, so I can't answer your question, but I hope you find the information you are looking for. It looks like your first responder knows what they are talking about and has given some good and objective information.
1 person likes this
@acmepride (1546)
• United States
15 Mar 09
I truly appreciate your insightful response, the_dutchess.
Your experience with both banks pretty much gives me an idea of the pros and cons of both.
To clarify, though, am I correct to gather from your post that when you bank with BDO, you don't have to pay any fee each month if your current balance reaches a certain amount? In other words, are you saying that you don't need to maintain a specific balance each month in your BDO account? If that's indeed the case, it would really seem that BDO is quite enticing.
Stay positive and Happy myLotting!
Your experience with both banks pretty much gives me an idea of the pros and cons of both.
To clarify, though, am I correct to gather from your post that when you bank with BDO, you don't have to pay any fee each month if your current balance reaches a certain amount? In other words, are you saying that you don't need to maintain a specific balance each month in your BDO account? If that's indeed the case, it would really seem that BDO is quite enticing.
Stay positive and Happy myLotting!1 person likes this
@cefaz_21 (2596)
• Philippines
16 Mar 09
Hubby had an account with BPI but it closed it 2 years ago. Now we are thinking of opening a joint account with Banco De oro. The mainreason is there is a BDO bran ch that is very near to us plus the fact that they are open till 6'o clock pm and on Saturdays. I think that's one good thing to consider.
@coolchai (753)
• Philippines
18 Mar 09
BDO i guess, but i believe BPI is better. but based on my experience of BPI, since they are long time bankers they dont care much of their customers anymore not-so customer focused bank are no-nos since they will not care if you are investing well with your money. supposedly that is their expertise.
@jrlcentral (2605)
• Roxas, Philippines
9 Oct 15
So far I'm happy with BPI. I use this bank to transfer some amount to my colfinancial account every month.
I haven't had any experience with BDO yet, though
