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Showing posts sorted by relevance for query SeaBank Philippines. Sort by date Show all posts
Showing posts sorted by relevance for query SeaBank Philippines. Sort by date Show all posts

Wondering if SeaBank has a physical bank in the Philippines? Well, there's only a few located in CALABARZON. Learn more as you read below.



About SeaBank

Launched in June 2022, SeaBank Philippines is a part of SeaMoney, the digital finance services arm of Sea Limited. As a leading internet company, Sea has been serving consumers since 2009 so it’s been around for more than a decade now.


SeaBank Peso savings account features

By using the SeaBank app, you can perform financial transactions such as depositing money and fund transfer. Here are other features of the digital banking app:
  • Your account is free (NO fees to open)
  • Competitive interest rates
  • Daily payout of interest earnings
  • Free transfers (InstaPay and PESONet)
  • Sign up easily with 1 valid ID
  • No minimum balance is required
  • No lock-in period
  • No deposit cap

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HELPFUL ITEMS YOU CAN USE TO SAVE MONEY!

Here's my list of useful items for you to save or earn money wisely:

Shopee is my go-to app for things I needed like the ones above. If you'd like discounts and vouchers, you may get the best offers here:

SeaBank Branches in the Philippines

Here's a list of SeaBank Philippines Branches:

Head Office

Location: 32 Rizal Street, Brgy. Poblacion II, Pagsanjan, Laguna
Telephone No.: (049)501-4213

Sta. Cruz Branch

Location: Burgos Street, Brgy. IV, Sta. Cruz, Laguna
Telephone No.: (049)501-0833; (049)501-2961



Siniloan Branch

Location: Fernandez Street, Brgy. Burgos, Siniloan, Laguna
Telephone No.: (049)501-1207

Liliw Branch

Location: Bonifacio Street, Brgy. Ilayang Palina, Liliw, Laguna
Telephone No.: (049)503-3311

Sariaya Branch

Location: Quezon Avenue corner Dalis Street Brgy. Poblacion 5, Sariaya, Quezon
Telephone No.: (042)717-5958



How to contact SeaBank customer service?

For assistance, you can reach SeaBank customer service by starting a chat on their website or sending an email to contact@cs.seabank.com.ph



ATTRACTIONS TO SEE IN MANILA 

Klook.com

Does SeaBank have a hotline?

You can Open a Seabank Account Now! SeaBank throught (+632) 8891 7927
Monday to Friday: 8 AM to 10 PM, Saturday and Sunday: 9 AM to 6 PM, excluding holidays.

You can also connect thru their social media accounts:

ACTIVITIES AND TOURS IN MANILA



SeaBank Philippines, Inc. (A Rural Bank)

Head Office: 32 Rizal Street, Brgy. Poblacion II, Pagsanjan, Laguna


IMPORTANT NOTE: The rates, contact details and other information indicated in this post are accurate from the time of writing but may change without IMFWJ's notice. Should you know the updated information, please let us know by leaving a message in the comment box below.



List of SeaBank Branches in the Philippines (with Location and Contact Details)


Looking for ways to grow your hard-earned money? What if we told you there’s a local bank that offers 5.00% per annum interest? Say hello to the SeaBank Peso savings account!



SeaBank is a rural bank with digital banking features. It means you can open a savings account without visiting a branch. Let’s take a closer look at the fees, interest rates, and key benefits, and find out if it’s worth opening an account.

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SeaBank Philippines, Inc. (A Rural Bank)

SeaBank, offered by SeaBank Philippines, Inc. (A Rural Bank) is a mobile banking application that enables you to manage your finances seamlessly on your mobile phone, anytime and anywhere. You can send and receive transactions from both SeaBank and non-SeaBank users, all while earning competitive interest rates with no additional fees and no minimum balance.



SeaBank Peso savings account features

By using the SeaBank app, you can perform financial transactions such as depositing money and fund transfer. Here are other features of the digital banking app:
  • Your account is free (NO fees to open)
  • Competitive interest rates
  • Daily payout of interest earnings
  • Free transfers (InstaPay and PESONet)
  • Sign up easily with 1 valid ID
  • No minimum balance is required
  • No lock-in period
  • No deposit cap



HELPFUL ITEMS YOU CAN USE TO SAVE MONEY!

Here's my list of useful items for you to save or earn money wisely:

Shopee is my go-to app for things I needed like the ones above. If you'd like discounts and vouchers, you may get the best offers here:

SeaBank Peso savings account interest rate vs. other banks

SeaBank offers 5.00% interest per annum, and earnings are credited daily. There’s no maximum deposit, but there’s a daily limit of up to ₱1 million on outgoing transactions like sending money from SeaBank to other local banks. For incoming transfers to your SeaBank account, there’s no limit.

For example, you can receive ₱5 million from a local bank straight to your SeaBank account. But you can only transfer to other local banks and e-wallets up to ₱1 million. The savings account is straightforward. If you save more, then you earn more. The total interest earnings are calculated based on the depositor’s available balance, net of tax deductions.

According to SeaBank’s calculator, here’s how much interest you will earn. Your earnings are subject to 20% withholding tax.





What are the requirements to open a SeaBank account?

Opening an account is pretty straightforward. Download the SeaBank app to your mobile device and follow the instructions. The quickest way to do it is to register via a Shopee account. Simply link your account, and the mobile app will walk you through the verification process.

You may open an account if you’re...
  • 18 years old and above
  • A resident of the Philippines

The requirements are:
  • One (1) government-issued ID (e.g., driver’s license, passport, Unified Multipurpose ID)
  • One (1) document as proof of address (e.g., recent utility bill, credit card statement, certification of voter’s registration, driver’s license, condominium dues bill)



How to sign up for SeaBank Philippines online?

You can easily open an account in the SeaBank app in three easy steps:

STEP 1. Download the SeaBank app from the Apple App Store, Google Play Store, or Huawei AppGallery.

STEP 2. Register for a SeaBank account by following the steps below:

There are three options to sign-up:
  • To register with Mobile Number, tap "Sign-up with Mobile Number".
  • To register with Shopee, tap "Continue with Shopee".
  • to register with Apple, tap "Continue with Apple".

STEP 3. Create your password

STEP 4. Undergo Facial Verification



ATTRACTIONS TO SEE IN MANILA 

Klook.com

STEP 5. Upload your ID (Prepare any of the following valid IDs: UMID, Driver’s License, PhilID (National ID), Postal ID, Passport, PRC ID, or SSS ID)

STEP 6. Fill in your personal information

STEP 7. Create your Secure PIN

STEP 8. Receive confirmation of successful application via an in-app notification, email, or SMS.


ACTIVITIES AND TOURS IN MANILA


SeaBank accepted IDs

Here's a list of IDs accepted by SeaBank for opening an account:
  1. Unified Multi-purpose ID (UMID)
  2. Philippine Driver's License
  3. Philippine Identification Card (PhilID) or National ID
  4. Postal ID (plastic format)
  5. Philippine Passport
  6. Professional Regulation Commission (PRC) ID
  7. Social Security System (SSS) ID



Frequently Asked Questions (FAQs)

How do I check the status of my application?
You may check your application status by logging in to your SeaBank account. SeaBank will send you SMS notifications for updates on your application.

My application was rejected and I want to re-apply. What should I do to ensure that my next application will be successful?
To ensure that your next application is successful, please follow the steps below:

1. Use an acceptable valid ID. For a list of valid IDs, click here.

2. Take a clear & complete photo of your actual ID. Photos of your ID taken from a screen of another device are not accepted. Please ensure that all texts are visible, and the photo has no glares.

3. When signing up for an account, please ensure that your personal details are the same as stated on your valid ID.

4. If a Proof of Residential Address (PORA) is required, upload a clear & complete picture of your PORA; this picture should show your full name, residential address, the biller's name or logo, and an issue date in the past 3 months.


SeaBank Philippines, Inc. (A Rural Bank)

Head Office: 32 Rizal Street, Brgy. Poblacion II, Pagsanjan, Laguna
Official Website: seabank.ph
Hotline: (+632) 8891 7927 (Monday to Friday: 8 AM to 10 PM, Saturday and Sunday: 9 AM to 6 PM, excluding holidays)



How to Open a SeaBank Account (List of Requirements & Interest Rates)


If you're a SeaBank user in the Philippines and want a physical debit card to access your funds offline or online, you're in luck. SeaBank now offers a physical debit card that’s easy to order straight from the app. In this step-by-step guide, we'll walk you through the process of ordering a SeaBank debit card, its benefits, fees, and delivery time.



What is the SeaBank Debit Card?

The SeaBank debit card is a physical Mastercard linked to your SeaBank savings account. It allows you to:

  • Shop online and in-store
  • Withdraw cash at ATMs
  • Earn cashback
  • Track expenses in real-time

SeaBank also offers a virtual debit card, but this guide focuses on how to get the physical version.


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How to Order a SeaBank Debit Card (Step-by-Step)

Follow these simple steps to get your SeaBank physical debit card delivered to your doorstep:

1. Open the SeaBank App
Make sure your app is updated to the latest version for the smoothest experience.

2. Tap on the "Cards" Tab
Located at the bottom menu of the SeaBank app.

3. Click "Get Your Physical Card"
You’ll see an option to order the card. Tap “Apply Now.”

4. Choose Your Card Name
Pick how your name should appear on the card.

5. Enter Your Delivery Address
Double-check that the address is correct—this cannot be changed after confirmation.

6. Review and Confirm
Check the details and tap “Confirm.”

7. Enter Your Secure PIN
Input your SeaBank PIN or password to finalize the request.



How Much Does the SeaBank Debit Card Cost?

As of 2025, the SeaBank debit card fee is ₱160, which is automatically deducted from your account upon confirmation.


Delivery Time

SeaBank will deliver your debit card within 10 business days. Delivery is available across most locations in the Philippines.


Benefits of the SeaBank Physical Debit Card


Worldwide acceptance: Use at ATMs and merchants globally via Mastercard.

Cashback rewards: Earn up to ₱1,000 cashback per month on eligible purchases.

Secure online payments: With two-factor authentication and Mastercard protection.

Real-time tracking: All transactions instantly reflected in the app.

RELATED GUIDE: Here's How to Earn Money from SeaBank Referral Code


Where Can You Use the SeaBank Debit Card?


Local and international stores

E-commerce platforms (Lazada, Shopee, etc.)

Any ATM that supports Mastercard


Is It Safe to Use the SeaBank Debit Card?

Yes. The SeaBank card features security protocols including:

  • App-based PIN authentication

  • Real-time notifications

  • Card lock/unlock option



Final Thoughts

Ordering your SeaBank debit card is easy, fast, and affordable. Whether you’re shopping online, withdrawing cash, or earning rewards, having a physical SeaBank Mastercard in your wallet adds convenience and security to your digital banking experience


SeaBank Philippines, Inc. (A Rural Bank)

Head Office: 32 Rizal Street, Brgy. Poblacion II, Pagsanjan, Laguna
Official Website: seabank.ph
Hotline: (+632) 8891 7927 (Monday to Friday: 8 AM to 10 PM, Saturday and Sunday: 9 AM to 6 PM, excluding holidays)


How to Order a SeaBank Debit Card in the Philippines (2025 Guide)


SeaBank Philippines, Inc. (A Rural Bank) has officially changed its corporate name to MariBank Philippines, Inc. (A Rural Bank), effective July 31, 2025.



This rebranding follows the bank's integration into the MariBank Singapore Private Limited banking group.

In a letter addressed to customers, President Siew Ghee Kung Lim assured clients that the name change will not affect their accounts or access to banking services. "Only our name is changing," the statement read, emphasizing that the same team and trusted services will remain in place.



The change is part of a broader strategy by Sea Limited, the parent company of both MariBank and SeaBank, to unify its banking entities under the MariBank brand.


The Bangko Sentral ng Pilipinas (BSP) approved the name change on April 21, 2025, with the Securities and Exchange Commission (SEC) granting its approval on July 31, 2025.




MariBank Philippines plans to introduce more updates in the coming months, including a refreshed app experience, to reflect the transition.

RELATED GUIDE: Here's How to Earn Money from SeaBank Referral Code



For the time being, customers should continue to follow official SeaBank channels for all communications.



Digital Banks in the Philippines

Visit my list of Top Digital Savings Banks in the Philippines to learn more!

SeaBank Philippines Rebrands to MariBank Philippines

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Did you know that you can now start saving money online? Here's how.



Do you want to open a savings account without going to the bank? Thanks to digital banks like CIMB Bank, Tonik, and Maya Bank (formerly PayMaya), they let you open an account through their mobile apps. You can even submit the required documentation in real time.

Even traditional banks like Maybank, UnionBank, and RCBC have upgraded their processes for clients to do everything online. So that means no more branch visits and long lines.


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Overview of Digital Banks in the Philippines

Here's a list of digital banks and their Interest Rate Per Annum:
  • CIMB Bank - 0.50% – 2.60%
  • Komo Bank - 2.50% 
  • Maya Bank (formerly PayMaya) - 6.00%
  • Maybank - Up to 1.00%
  • RCBC - Varies
  • SeaBank - 5.00%
  • Tonik Bank - Up to 6.00%
  • UnionBank - 0.10%



CIMB Bank

CIMB Bank Philippines is an all-digital mobile bank. Its first financial product was GSave, which the bank integrated into the GCash app. Eventually, the company introduced other savings accounts, like Upsave, Fast, and Fast Plus, that offer annual interest rates starting from 0.50% to 2.60%.

The UpSave has a base rate of 2.50%. This account offers free life insurance with coverage of up to ₱250,000 if you maintain a minimum average daily balance of ₱5,000.

The GSave account is accessible in the GCash wallet and offers a 2.60% interest rate per annum. You can also transfer GCash funds to the GSave account with ease.

With your CIMB Savings account, you can deposit money over the counter through more than 8,000 partners, including 7-Eleven, SM Payment Center, and LBC. Other features include mobile bank transfers, prepaid reloading, and bills payment.




HELPFUL ITEMS YOU CAN USE TO SAVE MONEY!

Here's my list of useful items for you to save or earn money wisely:

Shopee is my go-to app for things I needed like the ones above. If you'd like discounts and vouchers, you may get the best offers here:

Maya Bank

Maya Bank, formerly PayMaya, is a fully digital bank that offers an introductory promo of 6.00% interest rate per annum when you open a savings account until October 13, 2022. This digital bank is available to all Maya users. Depositors need to maintain an average daily balance of ₱10,000 to earn interest.

The savings are insured by the PDIC for up to ₱500,000. Since it’s linked to your Maya account, you can easily make transactions online such as bills payment, money transfers, and purchases of mobile load.




SeaBank

SeaBank by SeaBank Philippines, is another digital bank that’s regulated by the Banko Sentral ng Pilipinas. It’s a rural bank that offers a mobile banking service to all current and non-depositors. Like any other digital bank, opening a savings account is super easy.

Download the SeaBank mobile app and go through the verification process. Sign up in five minutes with a valid ID. There’s no minimum balance to maintain your account, no deposit cap, and no lock in period. You can deposit for as low as ₱1 and start growing your money with its 5.00% interest rate per annum.

Depositors receive a daily payout of the interest earnings. You can transfer funds from your SeaBank account to other banks for withdrawals. As of the time of writing, the bank doesn’t have an ATM card.




Tonik Bank

Tonik Bank is a digital-only bank in the Philippines that offers a full suite of banking services with no maintaining balance. You can open an account for free through the mobile app. There are no minimum balance requirements. You’ll earn interest on your deposits up to 6.00% per annum, and you can use Tonik’s mobile app to manage your finances on the go.

Tonik offers a 1.00% interest per annum on your savings account and comes with a physical debit card that you can use for withdrawals and other in-store purchases. Since this is a branchless bank, depositing funds is super easy, as you can do it via GCash, local bank transfer, or CLiQQ kiosks.

You earn up to 6.00% interest rate per annum with a maximum deposit of ₱100,000 that you will hold off for six months.




RCBC Touch Q

RCBC Bank allows clients to open a savings account through RCBC Touch. It’s a web portal for Filipino citizens 18 years old and above. You need a valid government-issued ID for the account opening process.

If you use RCBC Touch, you can open any savings accounts like One Account, GoSavers, and Regular ATM Savings. It also lets you apply for checking accounts like Dragon Checking and eWoman Checking accounts. The interest rates, initial deposit requirement, and minimum average daily balance of these accounts vary. But for starters, the Regular ATM Savings account only requires a minimum deposit of P3,000.




iSave by Maybank

Maybank launched iSave as its first online-only savings account that you can open through the mobile app. Open a savings account straight from your phone and submit the documents online.

With iSave, there’s no initial deposit or minimum balance required. But if you want to earn a profit of 0.25% per annum, you should have ₱20,000 as your average daily balance.

You can deposit up to ₱100,000 in your account, and you will also receive an EMV-enabled ATM card if you top up your account with a one-time deposit of at least P1,000.



UnionBank

UnionBank is a traditional bank that continuously takes advantage of innovative solutions to improve its services. This is why it has won Best Digital Bank for three straight years. It’s one of the first banks that offered Instapay to clients, allowing real-time fund transfer funds to any major local bank via mobile bank transfer.

You can pay bills, insurance premiums, and even your taxes. Deposit a check by scanning within the app. Depending on your budget goals or saving habits, you can also open a PlayEveryday, Personal Savings, Savings +, or GetGo Debit account.



These savings accounts have different minimum ADB and annual fees. But overall, having a UnionBank account gives you the convenience of mobile banking.

Which digital bank is for you?

If you are looking for low-interest loans, here's my list of Personal Loans With the Lowest Interest Rates in the Philippines.


Acknowledgement: This article is sponsored by Usapang Hanapbuhay.

Bisitahin ang Usapang Hanapbuhay Facebook Group para sa iba pang tips at mga diskarte sa pera!


Like Usapang Hanapbuhay Facebook page for other updates!
 digital bank philippines highest interest rate digital bank philippines 2022 best digital bank philippines high-interest digital bank philippines best digital bank philippines 2022 union digital bank philippines international finance's best digital bank in the philippines digital banks in the philippines

Top Digital Savings Banks in the Philippines (CIMB, Maya, Tonik, SeaBank and More!)


Here's your guide for savings banks in the Philippines.

What is a Savings Bank

A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits.

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Savings Banks in the Philippines

As of writing, there are at least 58 savings banks in the Philippines which are all licensed by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) under the General Banking Act of 2000.


HELPFUL ITEMS YOU CAN USE TO SAVE MONEY!

Here's my list of useful items for you to save or earn money wisely:

Shopee is my go-to app for things I needed like the ones above. If you'd like discounts and vouchers, you may get the best offers here:

List of  Savings Banks in the Philippines

In alphabetical order:
  • 1st Valley Bank (a development bank)
  • AllBank, Inc.
  • Bank of Makati
  • Bank One Savings and Trust Corporation
  • Bataan Development Bank
  • Bataan Savings and Loan Bank
  • BPI Direct BanKo, Inc. (a subsidiary of BPI)
  • BPI Family Savings Bank (will be merging with BPI)
  • Business and Consumers Bank
  • CARD SME Bank, Inc. (a thrift bank)
  • Century Savings Bank Corporation
  • China Bank Savings (formerly PlantersBank - now a subsidiary of Chinabank)
  • City Savings Bank (a subsidiary of Unionbank)
  • Citystate Savings Bank
  • Cordillera Savings Bank, Inc.
  • Dumaguete City Development Bank, Inc.
  • Enterprise Bank, Inc.
  • Equicom Savings Bank (Equicom)
  • Farmers Savings and Loan Bank, Inc.
  • First Consolidated Bank, Inc.
  • Hiyas Banking Corporation
  • HSBC Savings Bank Philippines Inc.
  • Inter-Asia Development Bank
  • Isla Bank (a thrift bank)
  • Legazpi Savings Bank
  • Lemery Savings and Loan Bank, Inc.
  • Life Savings Bank, Inc.
  • Luzon Development Bank
  • Malasiqui Progressive SLB, Inc.
  • Malayan Savings Bank
  • Maritime Savings Bank Corporation
  • Maximum Savings Bank, Inc.
  • Maya Bank
  • Merchants Savings and Loan Association, Inc.
  • Metro Cebu Public Savings Bank
  • NetBank (Community Rural Bank of Romblon)
  • NorthPoint Development Bank, Inc.
  • Overseas Filipino Bank (subsidiary of Landbank; government bank)
  • Pacific Ace Savings Bank, Inc.
  • Pampanga Development Bank
  • Pen Bank, Inc. (formerly Peninsula RB, Inc.)
  • Philippine Business Bank
  • Philippine Resources Savings Banking Corporation (PR Savings Bank; acquired by CitySavings Bank)
  • Philippine Savings Bank (PS Bank; a subsidiary of Metrobank)
  • Philippine Star Development Bank, Inc.
  • PNB Savings Bank ( merged with PNB)
  • Producers Savings Bank Corporation (Producers Bank)
  • Quezon Coconut Bank, Inc. (a thrift bank)
  • Queen City Development Bank
  • RCBC Savings Bank (merged with RCBC) -
  • SeaBank
  • Sterling Bank of Asia
  • Sun Savings Bank, Inc.
  • UCPB Savings Bank (a subsidiary of UCPB)
  • University Savings Bank
  • Village Bank, Inc.
  • Wealth Development Bank Corporation
  • Yuanta Savings Bank Philippines, Inc.



The banks listed above are those with the biggest assets in the Philippine Banking Industry as of September 30, 2020.


Acknowledgement: This article is sponsored by Usapang Hanapbuhay.

Bisitahin ang Usapang Hanapbuhay Facebook Group para sa iba pang tips at mga diskarte sa pera!


Like Usapang Hanapbuhay Facebook page for other updates!
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List of Savings Banks in the Philippines


Are you ready to boost your banking experience and earn enticing rewards along the way?



The SeaBank App brings you a fantastic referral program, allowing you to invite friends and both reap the benefits.


Why Open a SeaBank Savings Account?

SeaBank offers a high interest rate of up to 4.5% per annum, which is credited daily. This applies to users with account balances up to PHP 250,000. For account balances in excess of P250,000, a 3% interest rate p.a. shall apply.

There is no maintaining balance required, and no lock-in period. You can open an account for free with just one valid ID. Additionally, you can transfer funds from ShopeePay to SeaBank anytime for free.


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How and Where to Find SeaBank Referral Code

Here's your comprehensive guide to maximizing the SeaBank Referral Code:


Step 1: Invite Friends

Share the SeaBank App with your friends and encourage them to download it. During the account registration process, your friends should input your referral code in the designated "Referral Code" field, located under the "Mobile Number" section.


Step 2: First-Time Deposit

Upon activating their account, prompt your friends to make their first one-time deposit of at least PHP 1,000. The deposit can be made from any e-wallet or bank, including SeaBank.


Step 3: Reward Collection

Your friends need to maintain the PHP 1,000 deposit in their account for at least 3 days. As a result, both you and your friends will receive rewards.



How many friends can I refer?

You can refer up to 5 friends every month. This limit resets on the first day of each month.


How can my friends use the referral code?

Your friends can enter your referral code during account registration in the "Referral Code" field under "Mobile Number."



How much can I earn?


For every successful referral, you earn PHP 100, while your friends receive PHP 50 each. Maximize your earnings by referring up to 5 friends, reaching a potential PHP 500.


When will I get the reward?

Rewards are distributed a week after the successful completion of tasks. For instance, if your friends deposit at least PHP 1,000 on Monday and maintain it until Wednesday, rewards will be credited by the following Wednesday.


ATTRACTIONS TO SEE IN MANILA 

Klook.com

Take advantage of SeaBank's Referral Code program to make banking more rewarding and share the benefits with your friends. Start inviting today and witness the perks of a seamless and rewarding banking experience with SeaBank!


Here's How to Earn Money from SeaBank Referral Code


CIMB Bank Philippines has rapidly become a major player in the country's financial landscape since its launch in 2018. As a digital-first universal bank, it has challenged traditional banking by offering a wide range of services entirely through its mobile app. Backed by the CIMB Group, a leading ASEAN bank, it provides a secure and convenient banking experience designed for the digital age.



The bank's philosophy centers on accessibility and rewarding its customers. By eliminating the need for physical branches, CIMB has streamlined processes and passed on the savings through higher interest rates and zero fees on many services.


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Key Financial Products and Services

CIMB's product suite is tailored to a variety of customer needs, all managed with a few taps on your smartphone.


1. High-Interest Savings Accounts

CIMB is best known for its innovative savings accounts, which offer significantly higher interest rates than most conventional banks.

  • UpSave Account: This is CIMB's flagship savings account. It has no initial deposit or maintaining balance, making it perfect for new savers. It offers a competitive interest rate that allows your money to grow faster, with interest computed daily and credited monthly.

  • GSave Account: A collaboration with GCash, this account can be opened and managed directly within the GCash app. It's an easy way for GCash users to start saving, and you can unlock more features and higher interest by linking it to the main CIMB app.

  • LazSave Account: This savings account is integrated directly into the Lazada app. It offers a high interest rate, no maintaining balance, and a unique 1% rebate on Lazada purchases paid using the account, turning your shopping habit into a savings strategy.





2. Personal Loans and Credit

CIMB also provides a quick and convenient way to get financing without the hassle of a traditional bank.

  • Personal Loan: You can apply for a personal loan of up to ₱1 million entirely through the CIMB app. The process is digital and promises a fast turnaround. They also have no early settlement fees, giving you the flexibility to pay off your loan ahead of schedule without extra charges.

  • REVI Credit: This is a revolving credit line that acts like a flexible source of funds. You can use it, pay it back, and use it again as needed. There are no fees if you don't use the credit line, making it a great emergency fund option.

If you are looking for low-interest loans, here's my list of Personal Loans With the Lowest Interest Rates in the Philippines.


Why Filipinos are Choosing CIMB

CIMB has gained a strong following by addressing common pain points of traditional banking.

  • Competitive Rates: The bank consistently offers some of the highest interest rates in the market, allowing depositors to get more out of their money.

  • No Fees: Most transactions, including account opening, fund transfers via InstaPay and PESONet, and cashing out, are completely free. This eliminates the hidden costs that often eat into your savings.

  • Unmatched Convenience: The entire banking experience happens on your phone. You can open an account in minutes with a valid ID and manage all your finances 24/7 from anywhere, without ever having to step inside a physical branch.

  • Peace of Mind: As a bank regulated by the Bangko Sentral ng Pilipinas (BSP) and insured by the Philippine Deposit Insurance Corporation (PDIC), your funds are safe and secure.




In a world where speed and convenience are paramount, CIMB Bank Philippines has positioned itself as a forward-thinking financial institution. It’s an ideal choice for anyone looking for a modern, fee-free, and rewarding way to manage their money.



Other Digital Banks in the Philippines

Visit my list of Top Digital Savings Banks in the Philippines to learn more!

Here's How to Maximize Your Money With CIMB - A Digital Bank in the Philippines

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Did you know that you can now start saving money and earn high interest without even going to a physical bank? Here's how.



Last year, I published a list of Top Digital Savings Banks in the Philippines, featuring the most-used digital banks like CIMB Bank, Tonik, and Maya Bank. Unlike the traditional savings account that offer low interest rates, these digital banks are a great option for those who want to grow their savings.

Also check out the 5 Credit Cards with No Annual Fees in the Philippines

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Digital Bank Accounts with Highest Interest Rate

In this guide, we will discover what are the top digital banks that offer savings account with highest interest rates:



1. Maya Savings


Up to 14% interest rate p.a.

Rate cap: PHP 100,000

Promo period: Until October 31, 2023

Here's how it works:

3.5% p.a.
Open a Maya Savings account

5% p.a.
Spend a total of P250 via
Bills pay, Load, QR,
Checkout, or card

6% p.a.
Spend a total of ₱999
Special bonus interest rate
for Smart Postpaid
subscribers

7% p.a.
Spend a total of ₱1,000
via QR, checkout, or card

9% p.a.
Spend a total of ₱25,000
via QR, checkout, or card

11% p.a.
Spend a total of ₱35,000
via QR, checkout, or card

12% p.a.
Refer a friend with your
@username as the invite
code

14% p.a.
New User Exclusive:
Spend P500




2. CIMB


Up to 12% (new users), 6% (existing users)

Rate cap: PHP 200,000

Promo period: Until June 30, 2023

CIMB Bank currently offers a special interest rate of 12% p.a. for new customers who open an UpSave or GSave account. The offer is valid from May 1 to June 30, 2023.

To be eligible, you must not have any existing open, active, or blocked deposit accounts as of April 30, 2023. For the first two (2) months, you will earn 12% p.a. interest rate on your first PHP 200,000 Total Average Daily Balance (ADB). Any balance in excess of PHP 200,000 ADB will earn the regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave account.

Existing customers who maintain a total average daily balance (ADB) of PHP 200,000 or more in their UpSave or GSave account can also avail a special interest rate offer of 6% p.a.

The offer is also valid from May 1 to June 30, 2023. To qualify, you must have an active UpSave or GSave account as of April 30, 2023 and maintain a total average daily balance of PHP 200,000 or more for the entire month of May 2023.

If you meet the requirements, you will earn 6% p.a. interest rate on your first PHP 200,000 ADB for the month of May 2023. Any balance in excess of PHP 200,000 ADB will earn the regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave account.



3. RCBC DiskarTech


6.5% interest rate p.a.

Rate cap: PHP 49,700

Promo period: not specified

RCBC DiskarTech is a ‘financial super app’ that has no minimum balance requirement and zero maintaining balance. It offers a high interest rate of 6.5% p.a., which is significantly higher than the standard interest offered by other banks, which is usually less than 1% p.a.

The account has a maximum deposit limit of PHP 49,700.00. Any balance above PHP 49,700.01 will not earn interest, as the total of your savings and interest is only up to PHP 50,000.

RCBC DiskarTech accounts are considered Basic Deposit Accounts (BDA) of RCBC. Therefore, any money deposited in DiskarTech is also deposited in RCBC.



4. GOTyme Bank

5% interest rate p.a.

Rate cap: no limit

Promo period: not specified

GoTyme Bank offers a 5% p.a. interest rate through Go Save with the tagline, “No missions. No limits. Just simple, secure, and sustainable savings.”

Like Maya Goals, Go Save lets you create up to five different accounts with personalized goals and timelines. You can achieve your objectives at your own pace while earning a 5% p.a. interest rate on your savings.

Additionally, Go Save offers two automation tools to help you save money quickly: Auto-save, which allows you to automatically transfer any amount into your savings account on a daily, weekly, or monthly basis, and Save the Change, which rounds up each swipe of your GoTyme Bank Visa debit card to the nearest PHP 10 or PHP 100 and deposits that extra change into your Go Save account.

The account does not require a minimum or maximum deposit balance to earn interest, and you can earn 5% interest per year, paid monthly to your account.




5. SeaBank

4.5% interest rate p.a.

Rate cap: PHP 250,000

Promo period: not specified

SeaBank offers a high interest rate of up to 4.5% per annum, which is credited daily. This applies to users with account balances up to PHP 250,000. For account balances in excess of P250,000, a 3% interest rate p.a. shall apply.

There is no maintaining balance required, and no lock-in period. You can open an account for free with just one valid ID. Additionally, you can transfer funds from ShopeePay to SeaBank anytime for free.



6. Tonik

4.5% interest rate p.a. (Group Stash), 4% p.a. (Solo Stash)

Rate cap: no limit

Promo period: not specified

The default interest rate of a Tonik savings account is only 1% p.a., but it also offers ‘Stashes’ (similar to Maya Goals) with 4% p.a. for solo stash.

You can set up five stashes which you can then share through group stash with your friends or family that earns up to 4.5% p.a. with at least two participants plus the stash owner.

No pressure at all too as it requires no minimum amount to deposit.



ATTRACTIONS TO SEE IN MANILA 

Klook.com

7. UNO Digital Bank


Up to 4.25% interest rate p.a.

Rate cap: PHP 5,000,000

Promo period: not specified

UNO Digital Bank provides a maximum interest rate of 4.25% per annum. Accounts with an end-of-day balance below PHP 5,000.00 receive a base interest rate of 3.50% gross per annum. Accounts with an end-of-day balance ranging from PHP 5,000.00 to PHP 4,999,999.99 are eligible for a step-up interest rate of 4.25% gross per annum. Once the end-of-day balance reaches PHP 5,000,000.00 or more, the interest rate drops to 1.00% gross per annum.

Interest earned is credited to the account on a daily basis, and funding is simple with InstaPay, PESOnet, and Add Money Online at no cost. UNO also bundle this with a free life insurance coverage worth PHP 50,000.00.



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Ranking Digital Bank Savings Accounts With the Highest Interest Rates in the Philippines

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