S&P 500 Index Fund: Is EastWest Bank Good?! 7-Month Update

It's been 7-months since I started investing in the S&P 500 via Eastwest Bank after investing via BPI in the last 8-years. When BPI doubled their trust fees from 0.75% to 1.5% in February, I just couldn't to continue my investments through them even though I am in their Preferred Banking program. I decided to move all my future investments and thankfully, I found many S&P 500 alternatives offered by BPI's competitors - - - - all offering lower trust fees! I did some number crunching on the perceived performance of the funds in the last 10 years in my video in March:    • S&P 500 In The Philippines: Which Bank UIT...  

Based on the previous video, BPI's competitors all had compelling offers. Where one outdid another though would be in terms of the minimum investment to start and the additional top-ups each time you'd want to invest. Another major factor would be the starting amount you would need to put in to start your savings account and the average daily balance you would need to maintain. Ultimately, I went with EastWest bank and here's why:
   • Investing In The S&P 500... Goodbye BPI! W...  


Admittedly, it's my first time ever to bank with EastWest Bank and of course, there have been some adjustments these last few months. Definitely lower trust fees but some inconveniences. Has it been worthwhile? Watch on to view my full experience...

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