Here’s what you need to know about Maya Savings interest rate
MAYA SAVINGS INTEREST RATE – This article will teach you what you need to know how much interest your money will earn.
Maya Savings is a digital savings account offered by Maya Bank. It has a base interest rate of 3.5% per annum, which is credited daily to the account, and users can boost their interest rate up to 10% per annum starting June 5, 2023 to August 31, 2023.
All users with upgraded or complete accounts, plus valid and updated customer information can start a Maya Savings account with Maya Bank, Inc.
Here’s how much interest your money will earn in Maya Savings as of June 2, 2023:
| Account Balance | Interest Rate per Annum |
| PHP 0.01 – 5,000,000.00 | 3.50%* |
| PHP 5,000,000.01 and above | 0.00% |
In Maya Savings, there is no minimum balance needed in order to start an account and you can deposit any amount you want after you start an account.
Keep in mind that interest rates may be subject to change and customers will be notified of the change through publication on the official website of Maya Bank Inc. and/or through any of the various channels available and deemed applicable at the time – including but not limited to SMS, email, or in-app notifications.
Maya Bank is regulated by the Bangko Sentral ng Pilipinas (BSP) and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC) up to PHP 500,000.00 per depositor.
How to start saving on Maya Savings?
The first step to do is to open Maya app and log in to your account.
After that, you need to tap “Savings” at the top of the screen and choose “Start saving now”. You need to follow the rest of the instructions in order to set up your Maya Savings account.
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