Maya crosses 1M savings customers in five months

All-in-one money app Maya announced that it has registered 1 million customers and reached P10 billion in deposits within five months after its public launch at the end of April this year.

To celebrate this milestone, Maya is launching new offers to make your digital banking experience even more awesome.

For starters, 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 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.

Maya also 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.  

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.  

Every transaction you make in the Maya app, including Savings, can also help you build your credit score. Maya offers eligible customers an instant revolving credit of up to P15,000, which you can use in your wallet or transfer to your Maya Savings. 

The Maya app enjoys a 99.94% app uptime rate. Its digital banking services are powered by Bangko Sentral ng Pilipinas-licensed Maya Bank, and deposits are insured by the Philippine Deposit Insurance Corporation (PDIC) for up to P500,000.00 per depositor.