PowerEarner is a savings or current account that feeds your funds with interest rates comparable to a time deposit.
But unlike a time deposit, PowerEarner remains flexible despite its added heft as it gives you practical access to your funds.
Larger interest servings
PowerEarner nourishes your funds with interest rates higher than those of regular accounts.
Room to move
You can withdraw from your PowerEarner Savings account up to four times in a calendar month and from your PowerEarner Checking account up to two times in a calendar month. If you exceed the number of withdrawals, your account will earn at regular interest rates for that month.
Easy start – up
With just a minimum of P25,000 initial deposit for a savings account or P50,000 for a checking account, start earning big and fatten up your funds.
No-sweat access
Withdraw cash in any of three easy ways:
• 24-hour ATM*
• Online (www.bancnetonline.com)
• Over-the-counter
You may also withdraw cash from your checking account by issuing a check.
Plus more!
Enjoy the security of cashless shopping in more than 8,000,000 VISA-affiliated merchants worldwide and BancNet-affiliated stores nationwide using your SCB Visa Electron International ATM/debit card* that comes with opening a PowerEarner account.
*not available for corporate accounts
Maximize your funds with PowerEarner!
Let PowerEarner boost your funds with higher than usual rates!
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*Interest rates are indicative only and are subject to change upon notice to clients.
Minimum balance to open a PowerEarner Checking Account is P50,000.
Account Opening Requirements
• One valid photo bearing ID which is a primary ID (refer to list of acceptable IDs)
• If one of the IDs presented is government issued and bears either date of birth or residential address, no need for address verification document
• If no date of birth on any ID presented, an address verification document should be presented (refer to list of acceptable address verification documents)