RCBC maintaining balance for every peso and dollar savings account, with the below-ADB fee and dormancy rules.
Short answer RCBC’s maintaining balance (the required average daily balance, or ADB) depends on the account: none for Basic Savings, iSave and GoSavers, ₱3,000 for Regular Savings ATM, ₱5,000 for Regular Savings Passbook and up to ₱25,000 for Dragon Peso Savings. Falling below it costs ₱500 on a personal peso savings account. RCBC treats a savings account as dormant after two years without a transaction you started.
At a glance
- Regular Savings ATM₱3,000 to open and ₱3,000 ADBRCBC ↗ ·
- Accounts with no required ADBBasic Savings, iSave, GoSaversRCBC ↗ ·
- Below Minimum ADB Fee, personal peso savings₱500RCBC ↗ ·
- Below Minimum ADB Fee, US dollar savingsUS$10RCBC ↗ ·
- Dormantsavings after 2 years, checking after 1 year without a client-initiated transactionRCBC ↗ ·
Maintaining balance by account
Currency: Peso
| Account | Initial deposit | Required ADB (maintaining balance) | Balance to earn interest |
|---|---|---|---|
| Basic Savings | ₱100 | None | None (no interest) |
| iSave | None | None | ₱5,000 |
| GoSavers (kids and teens) | ₱100 | None | ₱5,000 |
| SSS Pensioner | ₱100 | ₱100 | ₱10,000 |
| Regular Savings ATM | ₱3,000 | ₱3,000 | ₱25,000 |
| Regular Savings Passbook | ₱5,000 | ₱5,000 | ₱25,000 |
| eWoman Savings | ₱15,000 | ₱15,000 | ₱25,000 |
| Dragon Peso Savings | ₱25,000 | ₱25,000 | ₱25,000 |
| OneAccount | Depends on plan type | Depends on add-on feature | ₱25,000 |
Currency: US dollar
| Account | Initial deposit | Required ADB (maintaining balance) | Balance to earn interest |
|---|---|---|---|
| Dragon Dollar Savings | US$1,000 | US$1,000 | US$1,000 |
| Foreign Currency savings (USD, EUR, CAD, AUD, JPY, GBP, CHF, CNY) | Depends on the currency | Depends on the currency | Depends on the currency |
RCBC’s own FAQ answers “What is the minimum maintaining balance?” with: “This depends on the account type you have” (RCBC ↗).
What happens below the maintaining balance
RCBC’s retail terms say a monthly ADB set by RCBC “must be maintained”, and accounts falling below the required minimum monthly ADB “shall be subject to applicable service charge/s” (RCBC ↗). The fee schedule sets those charges:
| Account | Below Minimum ADB Fee |
|---|---|
| Personal peso savings | ₱500 |
| Corporate peso savings | ₱750 |
| Personal peso current account | ₱500 |
| Corporate peso current account | ₱750 |
| US dollar savings | US$10 |
| Japanese yen savings | JPY 1,200 |
The personal peso savings fee covers SA ATM, SA Passbook, Dragon, Super Earner, SSS Pensioners, Mapua Student ATM and all savings accounts with SWAT facilities, as RCBC’s footnote lists them. Closing a personal peso savings account within 6 months of opening costs ₱500 (RCBC ↗).
The below-balance rules at other banks, and the BSP’s general rules on these charges, are in Maintaining balance by bank.
Basic Savings: the account with no maintaining balance
| Feature | Basic Savings |
|---|---|
| Minimum initial deposit | ₱100 |
| Required ADB | None |
| Maximum account balance | ₱50,000 |
| Interest | No interest |
| Early closure (within 6 months) | ₱500 |
| Card replacement | ₱200 |
RCBC says you can open it with ₱100 and a barangay certificate, and that it is meant for people who have no existing RCBC account or no access to facilities that grant government IDs (RCBC ↗).
Dormant accounts
- When an account turns dormant: a savings account with no client-initiated transaction for two years, or a checking account for one year (RCBC ↗).
- Below-ADB dormant accounts: “Dormant Accounts that are below monthly maintaining average daily balance (ADB) shall be subject to service charges” and lose any insurance benefit attached to the account.
- Reactivation: at any RCBC business center, with the documents RCBC asks for and a transaction.
- After ten years: accounts dormant for more than ten years are reported to the Treasurer of the Philippines for escheat proceedings.
Source: RCBC, Retail Account Terms and Conditions (November 2021) ↗ ·
Tip RCBC can change the minimum ADB and its charges, with notice posted on its website or at the branch (RCBC ↗). Check the fee page before you open an account.