Salmon Bank is offering 8% p.a. interest rate on Time Deposit – and here’s how it can help you grow your wealth

Here is a smart way to grow your savings. Salmon Bank (Rural Bank) just launched its Bank On Eight promo, offering an interest rate of 8 percent per year on Time Deposit placements worth at least 1 million pesos. The promo is open from December 1, 2025 until June 1, 2026 and applies to Time Deposits with a minimum term of one year.

This offer lets your money earn more without the stress of market risks. A one million peso placement can give you more than 82 thousand pesos in compound interest in one year. If you keep it for five years, your earnings may reach more than 469 thousand pesos before taxes. Your funds are also protected because they are PDIC insured and held by a bank with a long history of serving Filipino communities since 1963. If you want a higher return, better savings habits and peace of mind, this promo is worth looking into.

Gretchen Ho, Host and Multimedia Personality, who recently joined Salmon’s Bank On It Campaign, launched in October 2025. 

Salmon Bank (Rural Bank) just launched its “Bank On Eight” promo, offering an 8% p.a. interest rate on Time Deposit placements of at least PHP 1 million. This promo is available to Time Deposit customers saving for a minimum of 1 year, starting from December 1, 2025, to June 1, 2026.

But what exactly does this mean for you and your savings? Here’s everything you need to know about Salmon Bank (Rural Bank)’s new offer – and how you can make the most out of it.

1. It makes your money work harder for you

The difference between the interest you’ll earn from your go-to bank and Salmon could be huge.

Let’s run the real numbers. When you make a placement of PHP 1 million on Salmon Time Deposit for one year, you’ll get gross earnings of PHP 82,388 in compound interest. And when you save it for five years, your compound interest gross earnings will grow to PHP 469,945*. Now that’s a massive help to your budget, and a fixed return on your savings that you earn passively – with lower risk than most market-linked investment products. 

2. It helps you lock in your savings – so you avoid unnecessary spending

A Salmon Time Deposit keeps your money locked for a fixed period in exchange for a higher interest rate than regular savings accounts.

This doesn’t just help you earn more – it also keeps your money out of reach from impulse purchases, and in the long run, helps you maintain better long-term financial habits.

But don’t worry – you still have full control over your money. Salmon Bank (Rural Bank) offers flexible time deposit terms for this promo, from as short as 1 year to as long as 5 years. Just keep in mind, the longer you keep your money in Salmon Bank (Rural Bank), the more you earn. 

3. It’s secure

When you save with Salmon Bank (Rural Bank), your money doesn’t just grow faster — it’s also protected. Your funds are PDIC-insured and kept safe with a bank that has served Filipino communities for decades.

Salmon Bank (Rural Bank) Inc. is formerly the Rural Bank of Sta. Rosa Laguna, which has been a trusted financial institution for many Filipinos since 1963. It is fully regulated by the Bangko Sentral ng Pilipinas (BSP) and backed by PDIC insurance of up to PHP 1 million per depositor.

So you can save with confidence, knowing your money is protected.

Ready to take the next step?

Starting your savings journey with Salmon Bank (Rural Bank) is easy. You can open an account online by filling out this form: https://salmon.ph/salmonbank-deposits#depositForm. You can also choose to visit Salmon Bank (Rural Bank)’s branches in Sta. Rosa Laguna, and Bacoor, Cavite.

To learn more about this offer, visit https://salmon.ph/salmonbank. Terms and Conditions apply. Per DTI Fair Trade Permit No. FTEB-242399 Series of 2025.

*This computation is based on Salmon Time Deposit’s interest rate of 8% p.a., compounded annually before taxes.