Here’s the difference between #UNOboost and #UNOearn when it comes to UNO Time Deposit
UNO TIME DEPOSIT – This article will teach you the difference between #UNOboost time deposit and #UNOearn time deposit.
An UNO Time Deposit is one of the products offered by UNO Digital Bank – one of the first neobanks to get an outright digital banking license in the Philippines. Other products offered by this bank are #UNOnow loan and #UNOready savings.
There are two products offered under its UNO Time Deposit – the #UNOboost time deposit and #UNOearn time deposit.
Here’s the difference between #UNOboost and #UNOearn:
#UNOboost is a “high-rate” time deposit that allows you to grow your funds faster and in a secure way. With this, you can you can earn a high-interest rate of 6.50% gross p.a., get a fixed interest rate up to 1 year with the flexibility to choose your term of months, and instantly open up to 5 time deposit bookings.
On the other hand, #UNOearn is a “high-yield” time deposit that provides a monthly payout. With this, you can enjoy monthly payouts, instantly open up to 5 time deposit bookings, and earn a high-interest rate of 6.50% for two years.
How to apply?
In #UNOboost and #UNOearn, you can be booked instantly via the UNO Digital Bank mobile app subject to the following mechanics: the minimum booking amount is PHP 5,000.00, the maximum booking amount is PHP 500,000, and the maximum number of bookings is 5.
UNO Digital Bank is supervised by the BSP (Bangko Sentral ng Pilipinas) and has its deposits insured by the PDIC (Philippine Deposit Insurance Corporation).
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