Why Save with EastWest
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 EasyWay: online bonus interest rate of 0.25%, customized maturity date, automatic roll-over and update roll-over instructions.
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
Earn higher interest rates and enjoy flexibility and control over your funds with these exclusive online features:
Customized Tenor
Choose the term of your time deposit from 30 to 360 days or a fixed maturity date
Roll-over Order
Customized or update your time deposit to roll-over principal only or principal + interest.
Pre-termination (Soon on EasyWay!)
Cancel your online time deposit or pre-terminate a portion of your placement ahead of the maturity date.
Time Deposit Calculator
See how our time deposit can help you save up faster to achieve your goal.
For new deposit customers
Open a savings account first. Download and fill-out the account opening form here
Email the completed form and requirements here
Claim your EastWest Visa Debit Card and/or passbook and open your Time Deposit at your selected store upon email confirmation.
For existing deposit customers
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 (UMID)
- 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
2. Proof of billing (under your name & home address)
3. Presentation of additional documents for:
Minors
- Original and clear copy of NSO Birth Certificate
- For Guardian or Administrator: 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
Sit, bank, and relax with EastWest EasyWay
Upgrade your online banking experience. Register on EasyWay with your account details.