Salmon Bank (Rural Bank) just made a huge splash in the savings game! They launched the “Bank On Eight” promo, offering an incredible 8% p.a. interest rate on Time Deposit placements of at least PHP 1 million.
This massive offer is available for placements saved for a minimum of 1 year, running from December 1, 2025, to June 1, 2026.
Why 8% p.a. is a Game-Changer for Your Money
- Money Works Harder: With a PHP 1 million placement, you could earn gross compound interest of PHP 82,388 in just one year! If you save it for five years, that grows to a huge PHP 469,945 in gross earnings. This is a fixed, passive return with lower risk than most investments.
- Lock in Your Savings: A Time Deposit locks your money away for a fixed term, giving you a higher interest rate and helping you avoid impulse purchases, great for long-term financial habits! Salmon Bank offers flexible terms from 1 to 5 years.
- Secure and Protected: When you save with Salmon Bank (formerly Rural Bank of Sta. Rosa Laguna, established in 1963), your funds are fully regulated by the BSP and are PDIC-insured up to PHP 1 million per depositor. Save with confidence!
Ready to take the next step and watch your savings grow faster? You can open an account online or visit their branches in Sta. Rosa, Laguna, and Bacoor, Cavite.
