Parents or legal guardians who want to start a savings journey for their child may open a BPI FamBank Bundle. Available options vary depending on the child’s age and family’s needs.
Why you will love this
Easy account opening
For selected bundles, you can open an account for your child even without bringing them to the branch.
Savings and security in one
With Pamana Savings, your account comes with free life insurance coverage for added peace of mind.
Free and easy allowance transfer
Send allowance or schedule transfers to your child’s account through the BPI app—anytime, anywhere.
Easy requirements
Only two (2) documents are needed to open an account: a valid ID for the parent and the child’s birth certificate.
Find the right BPI FamBank option for your family
Select bundle to compare
BPI FamBank Bundle
FamBank Protect
FamBank Starter
BUNDLE DESCRIPTION
PARENT ACCOUNT
PARENT ACCOUNT FEATURES
CHILD ACCOUNT
CHILD ACCOUNT FEATURES
HOW TO OPEN YOUR FAMBANK OPTION
WHAT YOU'LL NEED TO BRING TO THE BRANCH
Select bundle to compare
BPI FamBank Bundle
FamBank Protect
FamBank Starter
BUNDLE DESCRIPTION
PARENT ACCOUNT
PARENT ACCOUNT FEATURES
CHILD ACCOUNT
CHILD ACCOUNT FEATURES
HOW TO OPEN YOUR FAMBANK OPTION
WHAT YOU'LL NEED TO BRING TO THE BRANCH
Select bundle to compare
BPI FamBank Bundle
FamBank Protect
FamBank Starter
BUNDLE DESCRIPTION
PARENT ACCOUNT
PARENT ACCOUNT FEATURES
CHILD ACCOUNT
CHILD ACCOUNT FEATURES
HOW TO OPEN YOUR FAMBANK OPTION
WHAT YOU'LL NEED TO BRING TO THE BRANCH
Frequently asked questions
Who can open a BPI FamBank Bundle?
Which BPI FamBank Bundle is right for my family?
BPI FamBank offers a range of savings and protection options to support your family’s needs at every stage. Whether you’re starting a savings fund for a young child, looking for added financial security, or helping an older child learn smart money habits, there’s a bundle designed for you.
Can I open an account for my newborn child?
Yes. Parent-managed, child-owned accounts under the BPI FamBank Bundle are available for children from birth, subject to account opening requirements and product terms and conditions.
At what age can I include my child in a BPI FamBank Bundle?
You can include your child from birth up to age 17, provided they have a birth certificate.
1. Parent-managed, child-owned account via In-Trust-For (ITF) covers children ages 0 to 17
2. Jumpstart Savings account covers children ages 7 to 17
What is the difference between In-Trust-For (ITF) account and Jumpstart Savings?
In-Trust-For (ITF) account is owned by the child and managed by a parent or guardian while Jumpstart Savings is both owned and managed by the child to help them build their own savings habits with parental guidance.
Related information
Similar Accounts
Jumpstart
A savings account for teens aged 10-17 years old to help them develop the habit of saving.
Pamana Savings
An account that gives free life insurance worth 3x your account balance.
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Customer Support
BPI
For inquiries and comments, please send us a message or call our 24-hour BPI Contact Center at (+632) 889-10000.
