Maya: 1M Savings Customers Reached in 5 Months

 Enjoy up to 6% annual interest on your savings, paid out DAILY, to mark this special occasion!

With Maya, the country's all-in-one money app, one million Filipinos can now enjoy a streamlined banking experience. To commemorate this significant achievement, Maya is launching new promotions that will make your digital banking experience even more enjoyable.

You can now receive daily interest on your savings and earn up to a 6% annual interest rate simply by using the app for your everyday transactions.

Just five months after the app's public debut at the end of April of this year, Maya has surpassed 1 million savings customers.

"We're very grateful for the warm response from the market. We're ushering in a new banking era, and we're excited to roll out more innovative and customer-centric digital banking features in Maya that can enrich everyday lives," said Angelo Madrid, Maya Bank President. 

 

Here are some reasons why you should leap forward into a new banking experience with Maya: 

 

Integrated and seamless experience. Maya is no longer just a digital wallet that earns no interest. With its savings function, you can make your money work harder. Transfer your funds to your electronic wallet in order to buy or sell cryptocurrency. All of this is seamless, as digital banking is integrated into the application. There is no need to interact with another bank or application and submit new requirements.

Daily crediting of interest on savings. Maya has recently added daily interest crediting to its savings function. Yes, you read that correctly; you can view your up to 6% annual earnings in your Maya Savings transaction history on a daily basis, not monthly.

 

More rewarding daily transactions. Maya is also a pioneer in mission-driven rewards designed to encourage customers to save money and use digital for routine transactions. Starting on October 15, you will earn daily interest on your savings at a base rate of 4.5% per annum. You can quickly increase this to 6% within the next 30 days by using Maya for all of your day-to-day purchases. Simply spend at least P250 when paying with a Maya QR code, card, or mobile number, or when settling your bills through the Maya app. This promotion is valid through November 30, 2022. Stay up-to-date on the progress of your savings interest!

 

Personalized Goals to manage your money. Using Maya's Personal Goals feature, you can effectively manage your finances. In addition to a high-yield 6% interest rate available until December 31, 2022, you can set up to five goals with set target amounts and timelines for organized tracking. In the near future, daily interest rate crediting will also be available for this function.

 

Easy account opening and transfers. Accessing Maya Savings is simple; only an upgraded Maya wallet account is required. After opening a Maya Savings account, you are not required to maintain a minimum balance. Transfers between PesoNet and other banks and financial institutions are also free until December 31, 2022. 

Create your credit history. Every Maya transaction, including Savings, can help you build your credit score. Maya provides eligible customers with an instant revolving credit of up to PHP15,000, which can be used in the wallet or transferred to Maya Savings.

 

Reliable and secure. Maya's record of dependability and safety completes the list of superior features. The Maya app has a 99.94% availability rate. Its digital banking services are powered by Bangko Sentral ng Pilipinas (BSP)-licensed Maya Bank, and deposits are insured up to PHP 500,000.00 per depositor by the Philippine Deposit Insurance Corporation (PDIC).