LBC Bank offers up to 9% interest per annum on its Royal Earner TD . Minimum deposit is only P10,000. Available terms 2 to 5 years.
AMA Bank still has a double-your-money TD but the term now is 7.5 years from 5.5 years in 2005. This translates to a compounded annual interest rate of 9.7%. Hindi ko lang matandaan kung ano ang minimum deposit; i think it's less than P50,000.
ALVIN T. TABANAG, RFP
Money Management Coach & Author