Advice on what I can do

I'll go against the rest here. Emergency funds are meant to be readily accessible when something unexpected happens, that's basically what an emergency is.

While the question whether emergency funds should be yielding or not, that's a different matter. But above all, easy access to the fund is the most important factor to consider.

The rule of thumb that I learned from Sir Fitz Villafuerte thru their Youtube channel WealthArki: "Can you get the fund in your hands on a Holy Thursday?" If it does, then the emergency fund is well-placed.

Emergency fund and investment funds should be distinct from each other as much as possible. While the choice of product seems okay, but if something happens: You'll need to inform BDO that you will pull out the fund and add the additional banking days to process your request and settle the fund to your account. By the time the fund reached your hand, you could've already borrowed money from someone else. EF is meant to be easily accessible to avoid you from seeking a loan or informally borrowing from someone.

If you still want to keep money to grow, set aside a particular money for emergency on a highly accessible product and keep some invested. You can't just put an emergency fund on an investment right away. If you'll put a fund to be invested, it's not meant to be moved/used unless you have changes in your investment strategy not because an emergency suddenly came up.

/r/phinvest Thread