Maya hits 1 million savings customers in 5 months


PHILIPPINES – One million Filipinos are now enjoying a seamless banking experience with Maya, the country’s all-in-one money app. To celebrate this milestone, Maya is launching new offers to make your digital banking experience even more awesome!

To start, you can now receive your savings interest daily and enjoy up to 6% per annum interest rate just by doing your everyday transactions in the app.

Maya’s recording breaking 1 million savings customers milestone comes just five months after the leading digital banking app’s public launch at the end of April this year.

“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:

Seamless and integrated experienceMaya is not just a zero-interest-earning e-wallet now. You can make your money work harder with its savings feature. Conveniently move your money to your e-wallet to make a transaction and buy or sell crypto. What’s great about this is it’s all seamless, as digital banking is integrated into the app. No need to deal with another bank or app and submit new requirements.

Daily savings interest crediting. Most recently, Maya introduced a daily interest crediting in its savings feature. Yes, you read it right – you can see your up to 6% per annum earnings daily in your Maya Savings transaction history – not monthly!

More rewarding daily transactions. Maya is also pioneering mission-led rewards to encourage customers to save and use digital for everyday transactions. Starting October 15, you’ll earn an already high base rate of 4.5% interest per annum on your savings, credited daily. You can quickly increase this to 6% in the next 30 days by paying with Maya for your everyday transactions. Simply spend at least P250 when paying for your purchases via Maya QR, card, or mobile number or settling your bills via the Maya app. This offer is available until November 30, 2022. Stay tuned for more updates on your savings interest!

Personalized Goals to manage your money. Maya offers an efficient way to manage your money with its Personal Goals feature. You can create up to five goals with set target amounts and timelines for organized tracking, on top of a high-yield 6% interest rate available until December 31, 2022. Soon, daily interest rate crediting will also be available for this feature.

Easy account opening and transfers. Accessing Maya Savings is easy – you only need an upgraded Maya wallet account. Once you have your Maya Savings account, you do not need to worry about maintaining a minimum balance. Fund transfers to other banks and financial institutions via PesoNet are also free until December 31, 2022.

Create your credit history. Every transaction you make in the Maya app, including Savings, can help you build your credit score. Maya offers eligible customers an instant revolving credit of up to PHP15,000, which you can use in your wallet or transfer to your Maya Savings.

Reliable and secure. Rounding up the top-of-the-line features is Maya’s record of reliability and safety. The Maya app enjoys a 99.94% app uptime rate. Its digital banking services are powered by Bangko Sentral ng Pilipinas (BSP)-licensed Maya Bank, and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC) for up to PHP 500,000.00 per depositor.