News
Banks going digital now face a ₱1B capital requirement
Banks shifting toward digital business models must meet new BSP capital and risk-management requirements, including a ₱1-billion minimum capital threshold.
2 min readAll Articles
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Financial Literacy
40.9% more Filipinos are now saving in banks. Here’s why you should too
PDIC deposit insurance now covers up to ₱1 million per depositor per bank, giving Filipinos greater protection when saving with insured banks.
1 min read
Cards
Most banks will waive your card’s annual fee. Here’s how to ask
Some Philippine banks may waive credit card annual fees when cardholders request it, especially those with active accounts and consistent spending.
2 min read
Financial Literacy
Your ₱1,000 from 2018 can only buy ₱750 worth of things today
Inflation has reduced the purchasing power of ₱1,000 from 2018 to about ₱750 today, making higher savings interest and cashback more valuable to consumers.
1 min read
News
Filipino trust in credit soars to record high
Filipinos’ confidence in credit reached a record-high score of 75 in 2026, as more consumers turn to formal financial institutions and plan to improve their finances.
1 min read
News
4 new digital banks are entering the PH. Get ready for better rates and lower fees
The BSP is considering four new digital banking licenses, potentially giving Filipino savers more choices, stronger rates, lower fees, and better digital banking features.
1 min read
News
Philippine digital banks are growing fast, but is your money safe?
BSP-licensed digital banks are expanding rapidly, but depositors should know the ₱1 million PDIC insurance limit and stick to the six officially licensed digital banks.
3 min read
News
House urged banks to cut transfer fees. Some already charge ₱0
The House of Representatives is urging banks and remittance centers to lower or waive transaction fees, as some digital banks already offer zero-fee transfers.
1 min read