How to Open a Metrobank Fun Savers Club Account
Along with Banco de Oro (BDO) and Bank of the Philippine Islands (BPI), Metrobank is one of the top three banks in the Philippines. Metropolitan Bank and Trust Company have an exclusive savings account for kids and teens seven to eighteen years of age called the Fun Savers Club account. No matter how young they may be, opening this account can teach children a lot about frugality and money management. Remember, saving up for the future is important and they're never too young to learn about responsibility.
Requirements for Opening a Metro Fun Savers Account for Children
- Two (2) 1 x 1 recent ID pictures
- School I.D. (must have at least 2 photocopies)
- Birth Certificate Xerox Copy (bring along the original for verification purposes)
- Php500 for the initial deposit (and also the maintaining balance)
What's an In-Trust-For Account or ITF Account
Kids (even babies) below the minimum age requirement can still obtain a savings account of their own. This is the ITF account or In-Trust-For account. Parents/Guardians should bring the following:
- Original Birth Certificate of the baby/child
- 2 valid IDs of whoever is opening the account for the minor
- 1 x 1 picture of the parent/guardian
- 1 picture of the baby
Details About the Fun Savers Club Savings Account
- The minimum initial deposit is 500 pesos.
- The maintaining average daily balance is 500 pesos.
- The minimum ADB to earn interest is 4,000 pesos.
- You can have a free educational trust benefit worth 50,000 pesos for accounts reaching the minimum average daily balance (ADB) if something tragic happened to the parent/s.
- They offer a free personal accident insurance worth twice the ADB, not to exceed P1 million (with minimum ADB requirement).
- They offer exclusive discounts and privileges from partner establishments (mentioned below).
- Both peso or U.S. dollar savings accounts are eligible for enrollment.
Fun Savers Club Gift Check (FSC-GC)
The FSC GC is a special gift check intended to initially fund a new FSC Account or to add funds to an existing FSC account. It is an ideal birthday, baptismal, graduation, or Christmas gift for children below 18 years of age. This is the perfect gift alternative for any occasion.
The FSC GC can be purchased over-the-counter at any Metrobank branch for only P500.00.
Product Features
- Minimum Amount: P500.00
- Eligible Purchasers: Depositors and non-depositors, individuals and corporations
- Beneficiaries: Individuals below 18 years of age
Benefits of a Metrobank Fun Account
- Easy to purchase. Relatives/non-relatives can do away with documentary requirements in account opening.
- It provides value-for-money gift alternative.
- It's an affordable gift.
- It's a gift that offers more than its cash value—freebies, discounts, insurance and educational benefits to club members.
- It's a lasting gift.
- This account ensures the customer that the gift is used as intended (that is, to encourage saving).
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
Questions & Answers
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Comments
Is it necessary that you will withdraw your account in you reach 19 or its ok to continue
Can i transfer money online from my account going to my kids account and can i add my kids account to my online account so that i can monitor the status of their funds
do you allow to open savings account for baby? 3 months old
what types of id do you accept? are you accepting like philhealth or hdmf id?or company id
Can i deposit check in Fun savers
my baby is a new member of FSC acount. i do not received a FReebies or any Gift Certificate. Would like to ask on how to get this GC? could someone advice please?
Hi. pls enumerate their Partner Merchants. I can't see it. Thanks!
I want to open for the seek of my kids
I think this is old post..but I just to know if they still have this fun savers in metro bank.. Thanks
Very informative , thanks
hello me like you
Hi Sakaki-Welcome to HubPages and congratulations for writing such an informative Hub. Great job!
Great first hub... and I am very happy to welcome you to hubpages. Keep up the great writing.
I am honored to read your first hub. Look forward to more.
You are most welcome Sakaki. I was lucky enough to start and be welcomed by Tom, you saw him above. Because he welcomed me many others came too. I am just so proud of the hard work you put in to create this. I did it because anyone who puts forth such effort deserves it. My first hub was so bad that I only leave it up so new people can see how NOT to do a first hub. I thought I was blogging, lol. I'm glad you had such a nice surprise waiting for you here.
- AUTHOR
THANK YOU GUYS!!! VERRYY!!
:)
I REALLY appreciate your warm welcome!! THANK YOU SOOOO MUCH!! You HAVE helped me made my decision!! :"D
I thought about quitting for I am only 17 years old. I didn't know that in order to use Google Adsense, one should be above 18 years of age,, they recommended that I should have a guardian/parent with me. I was having second thoughts because I wanted to surprise them in the future about this thing, but I guess I should ask their help about it. :)
THANK YOU SO MUCH!! YOU GUYS ARE MY INSPIRATION!! :D
-LOTS OF LOVE from Sakaki! :")
- AUTHOR
Hello Pamela!! THANK YOU A LOT for welcoming me!!! THANKS!!! I will write more! :"D
By the way, you have the same name as my aunt's! :D
-Sakaki~ :)
- AUTHOR
Hello Remaniki!!!! :)
THANK YOU A LOT for your compliment!!
and also I wanna thank you for mentioning the forum Faybe has created!! I didn't expect she would do such thing!!! Words aren't enough to express my gratitude!!
THANK YOU SOOO MUCH!!! VERYY!! :"D
-Sakaki~ :)
- AUTHOR
Hello Kelly!!!! :D
THANK YOU A LOT for welcoming me! :)
I am fully inspired!! I will keep on hubbing!
THANK YOU!! AGAIN AND AGAIN!!! :"D
-Sakaki~ :"D
- AUTHOR
Hi Michael!! THANK YOU VERY MUCH!! For voting and commenting!
I thought it would be a great idea to share this kind of article to encourage kids & teens like me. :)
again, and again,, THANK YOU VERY MUCH!!!! :D
-Sakaki~ :)
- AUTHOR
Hello Tom! THANK YOU A LOT for welcoming a newbie like me! :D
A lot of FINE FOLKS indeed! Just LIKE YOU GUYS!! :D
A LOT OF THANKS FROM THE BOTTOM OF MY HEART!! :)
-Sakaki~ :)
- AUTHOR
@MyWebs Thank you for welcoming me!! I never thought I'd get this kind of treatment! :D
THANK YOU VERY MUCH!!! I will do my best!
I was surprised when you asked if I was a fan of Taylor Swift; because I am! I LOVE her songs!! I admire her talent in song-writing!
I've seen pictures of her doing the same heart thing, I just didn't know that she does it all the time, x")
THANK YOU AGAIN!! A LOT!! :"D
-Sakaki~ :)
- AUTHOR
@Faybe Bay Thank you sooo much for your time! :"D I didn't really expect that you have the time to read it. THANK YOU VERY MUCH for those encouraging words of yours! :D
I read Remaniki's comment about the forum you created just to introduce me! I AM OVERWHELMED! THANK YOU! THANK YOU! :"D
My first time to experience this kind of treatment!
THANK YOU! THANK YOU! :"D
A LOT OF GRATITUDE in here!! :)
-Sakaki- :)
Welcome to Hupages. This is a very interesting hub and I'm sure you will write many more.
Hi Sakaki,
Good job making your first hub neat and useful. I appreciate your effort. Found this hub from a forum started by Faybe Bay introducing you to fellow hubbers. Keep writing and enjoy your time on HubPages. It's a great place to be for young talents like you. Good luck! Cheers, Rema.
Hi Sakaki: Welcome to HubPages. Great job on your first hub. Very informative and useful info. Don't stop now; Keep on hubbing!!
This was great on several levels. I voted up and useful as well.
One, it is a great thing to not only encourage kids but to clearly show them how to do those things we encourage them to do.
Two, it is a great thing to not only encourage kids but to clearly show them how to do those things we encourage them to do!
Nice first Hub,
michael
Great job on your first Hub! Welcome to HubPages. Hope you have a fun time here. There's a lot of fine folks on the site. :o)
You have here a very informative hub, great job. Voted up and as useful. Welcome to hubpages. Oh I was curious if you was a Taylor Swift fan cause I seen you doing the heart thing in your profile picture? Tay does that all the time.
You did an absolutely Awesome Job! I am rating you up and Useful, informative and beautiful! I love the graphics and that you have even protected your photos. This is a top notch first hub. I'm sharing it also. So proud of you!
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