Pag-IBIG recently announced the 2024 dividend rates for both MP2 and Regular Savings.

What are the dividend rates for Regular Savings and MP2?

The dividend rates for 2024 are 6.6% for Regular Savings and 7.1% for MP2.

How does it compare to 2023’s dividend rate?

The 2024 dividend rate is higher by 0.05%.

When will it be credited?

Expect the dividends to be credited between April to August. It will be recorded under December 2024 if you check the Virtual Pag-IBIG website.

Blogger’s Note

MP2 and even Regular Savings have been a good option for passive investment. Though some digital banks like Maya saving outperform Pag-IBIG’s dividend rate, you’ll end up earning more with Pag-IBIG if you’re going to deposit amounts higher than 100K. Digital banks only allow you to get those crazy-high interest rates for the first 100K – 300K deposit. Anything higher than that will earn their base rate of around 2.5-4% (depending on the digital bank). And don’t forget that Pag-IBIG offers a tax-free dividend rate while interests earned from banks are taxed at 20%.