PSBank Annual Report Bags Silver Anvil Award

Philippine Savings Bank (PSBank) recently won a Silver Anvil for its 2019 Annual Report at the recently concluded 56th Anvil Awards.

Waive fees extended! Continue to enjoy FREE InstaPay and PESONet transactions with PSBank

Philippine Savings Bank (PSBank), the consumer banking arm of the Metrobank Group, continues to extend waiving of fees for PesoNet and InstaPay transactions made via the PSBank Mobile App.

PSBank made QR feature available in its Mobile app for safer banking in the new normal

Philippine Savings Bank (PSBank), the consumer banking arm of the Metrobank Group, made QR facility available in its Mobile App with the aim to provide another safe and secure way to bank amid the current health crisis situation. 

PSBank Bags a Gold and two Silvers at the 55th Anvil Awards

Philippine Savings Bank (PSBank) won big once again as it secured three prestigious recognitions at the recently-concluded 55th Anvil Awards, held at the iconic Manila Hotel. Dubbed as the “Oscars” of the PR industry, the Anvil Awards are presented yearly by the Public Relations Society of the Philippines (PRSP) in recognition of excellent campaigns that impact society.

Embrace New Beginnings, Partner with PSBank this 2020

PSBANK shares their latest offerings for 2020 to invest in your future, embracing new beginnings as you move forward and start achieving your goals for the year and beyond.

5 Reasons Why You Should Try e-Payment

After all the big advances in technology, it’s no surprise that the banking industry has adapted to keep up with progress. Financial institutions have digitized processes and even developed modern, feature-packed apps to make services more accessible to an ever-growing customer base.

Then and now: PSBank’s innovations for customers through the years

PSBANK made impressive improvements in making your banking experience easier and better than before

PSBank’s Sixth Sense Wins at the 2019 PANAta Awards

PSBank recently won a Bronze “Brand Builder” award for Excellence in Brand Positioning at the 2019 PANAta Awards – the premier industry recognition program of the Philippine Association of National Advertisers (PANA) – for its highly-successful Sixth Sense campaign, which effectively positioned how easy and fast it is to get a home loan with the bank.

6 Reasons Why it is Wise to Open a Bank Account

The Bangko Sentral ng Pilipinas (BSP) recently released the “State of Financial Inclusion in the Philippines” report which revealed that the number of deposit accounts in the country has increased by 6.8 percent to 57.1 million in 2017 from 53.5 million in 2016.

PSBank treats valued clients to an exclusive screening of Avengers: Endgame

Philippine Savings Bank (PSBank), the retail banking arm of the Metrobank Group, recently treated some of its clients to an exclusive screening of the blockbuster movie Avengers: Endgame at the Power Plant Mall Cinema as part of its #SimplengThankYou campaign. 

Considering to buy a pre-loved car? Here are the benefits!

Other than a house, a car is probably the most expensive purchase a person ever makes.  But while everyone loves the look and feel of a brand new car, buying a pre-loved vehicle might be a better way of managing your finances responsibly and getting more value for your money.

PSBank board approves PHP0.75/share cash dividend for common shareholders

The Board of the Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, has approved the declaration of a cash dividend of PHP0.75/share for its common stockholders.

How saving money now can help you gain a financially-secure future

Apart from being hospitable, Filipinos are inherently hard working. We have no qualms about doing multiple jobs, taking a lot of workloads, and working in faraway places to earn more for the family.

PSBank Holiday Advisory for April 9, Araw ng Kagitingan

PSBANK customers! Take note that all PSBank branches nationwide will be closed on April 9, 2019,  to give way for Araw ng Kagitingan.

PSBank in partnership with Federal Land, offers 1-day Home Loan decision; easier for Filipinos to own a home

PSBank, the consumer banking arm of the Metrobank Group, and Federal Land, one of the country’s leading real estate developers, are paving the way for Filipinos to have their dream homes.

This is why you shouldn’t just click on online quizzes

Online quizzes or personality games that appear on your social network feeds are boredom busters and sometimes fun to play. They entertain you with just a couple of clicks and seem completely harmless. What could be so dangerous about finding what kind of fairy tale princess you are? Or what kind of boss you are based on your spirit animal.

Get a chance to win exciting prizes with your PSBank Flexi Personal Loan!

PSBank is celebrating its 58th anniversary by giving away five (5) Samsung Galaxy Note 8 and eight (8) PhP5,000 worth of cash credits to lucky PSBank Flexi Personal Loan account holders through its “Win with Flexi” raffle promo. 

PSBank racks up two Award of Merit trophies at the 16th Philippine Quill Award

Philippine Savings Bank (PSBank) took home two Award of Merit recognition at the 16th Philippine Quill Awards organized by the International Association of Business Communicators (IABC) Philippines held last July 9 at the Marriott Grand Ballroom, Newport City.

Buying a house? Tips to a smooth home loan application

Owning a house is one of the greatest aspirations for a lot of hardworking Filipinos. But to save up for a decent home is no easy feat as it takes a great deal of dexterity, diligence, and dedication. Another key to this dream is a loan package with a payment scheme and an application process that doesn’t feel cumbersome.

To better prepare you apply for a home loan, Philippine Savings Bank (PSBank) lets you in on some of some tips for a smooth loan process, ensure approval and avoid delays:

Research extensively

Whenever you embark on a life project, research first.   If you are a first-time homebuyer, it pays to fully understand what your options are and which one best suits you, the requirements and process involve in securing a loan.

Lenders usually provide home loan decisions in a week or two to a month and considering the volume of paperwork involved, processing applications takes a little longer. Good thing, some financial institutions does not only help and make the loan application process easier and convenient, but they also inform you of the status of your loan application. So aside from affordability, be in the lookout for lenders that offer these.

Provide complete documents and all necessary information

Ensure that you provide all the needed information on the loan application form, such as contact, employment, and financial details.  Never leave any mandatory fields blank. Also make sure that the required documents are complete, up-to-date, and validated or verified. So you won’t miss anything, request for a checklist of requirements from your lender prior to applying for a loan.

Maintain good credit score or history

Maintain a good credit score or history by paying your monthly amortization or dues diligently. A lot of loan applicants get rejected outright for having an unsatisfactory repayment track record. Request and keep clearance certifications of credit cards and loan accounts that you’ve closed or paid off.  You might need to present these and help improve your credit score.  

 Ensure you have sufficient funds available

The borrower shoulders the 15%-20% of the property’s purchasing price as down payment. Hence, having sufficient funds to cover this is necessary. If you don't have it, consider saving more or reducing the amount of your home loan requirement in line with a lower downpayment. 

Aside from this, you will need to have funds available for closing costs such as processing fees, insurance, valuation dues, and the like. So don’t make major purchases and risk depleting your available funds prior to buying a home. 

Have a steady source of income

Having a steady source of income is important as this will boost your lender’s confidence that you can indeed repay your loan. Therefore, you should not quit or change jobs before applying for a housing loan. 

Be honest

Some applicants try to skew the truth of their credit or financial situation to have a better chance of having their loan application approved. What they don't know is that banks in the country cross-check records with other financial institutions based on applicant’s credit history. One wrong declaration of asset can decline a mortgage loan paper.

“The home loan application process is a broad spectrum.  We hope these tips will  provide prospective home loan borrowers with an understanding of the application process to keep them from running into problems down the road and save them time and effort in the process,”  PSBank Senior Vice President and  Marketing Group Head Emmanuel A. Tuazon said.

PSBank Home Loan with Prime Rebate you will get fast credit decision within five banking days or less via SMS, provided that the application documents are complete. We also offer low interest rates, convenient modes of payment, and flexible payment terms.

“At PSBank, we make banking simpler for our clients.  In line with this thrust, we will continue to explore ways to make banking even more simpler for our customers,” Mr. Tuazon added. 

PSBank recognized by BSP for its exceptional customer engagement; wins Pagtugon Award for the 3rd time

Philippine Savings Bank (PSBank) was recognized anew by the Bangko Sentral ng Pilipinas (BSP) for its excellence in responding and addressing issues or concerns of clients referred to the Bank by the BSP and was conferred the Pagtugon Award for the third time. PSBank also won the award in 2016 and 2015.