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Kuya Well's personal finance corner

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Tag: gotyme

How to redeem Go Rewards in GoTyme

Posted on July 20, 2024July 20, 2024 By Kuya Well No Comments on How to redeem Go Rewards in GoTyme
How to redeem Go Rewards in GoTyme
High-Yield Savings Accounts, Investment and Finance, Tutorials

If you’re not yet aware, you can earn Go Rewards points in your GoTyme account when you shop in the following stores: You also earn points when you book your flights via Cebu Pacific. And you don’t even need to use your GoTyme card to pay for your purchases. You simply present your card so … Read More “How to redeem Go Rewards in GoTyme” »

How to pay Pag-IBIG MP2 contribution using GoTyme

Posted on March 16, 2024April 1, 2024 By Kuya Well No Comments on How to pay Pag-IBIG MP2 contribution using GoTyme
How to pay Pag-IBIG MP2 contribution using GoTyme
Investment and Finance, Pag-IBIG, Posts, Tutorials

In the past, paying your Pag-IBIG MP2 contributions using a debit card or via bank will cost you 1.75% in fees. Nowadays, more banks are making it easier for you to pay your Pag-IBIG MP2 contributions with a low convenience fee. In a previous post, I talked about how you can pay your Pag-IBIG MP2 … Read More “How to pay Pag-IBIG MP2 contribution using GoTyme” »

GoTyme interest rate is no longer 5% per annum

Posted on February 23, 2024February 23, 2024 By Kuya Well No Comments on GoTyme interest rate is no longer 5% per annum
GoTyme interest rate is no longer 5% per annum
High-Yield Savings Accounts, Investment and Finance, Posts

Starting March 1, 2024, the new interest rate is now pegged at 4% per annum from the previous 5%. Any other changes? Other than the change in the interest rate per annum, there are no other changes to GoTyme. They have retained their “no-cap” policy which means that no matter how much you deposit, you … Read More “GoTyme interest rate is no longer 5% per annum” »

Which one is the Best High-Yield Savings Account?

Posted on October 6, 2023September 25, 2023 By Kuya Well No Comments on Which one is the Best High-Yield Savings Account?
Which one is the Best High-Yield Savings Account?
High-Yield Savings Accounts, Investment and Finance, Posts

I’ve made several posts about high-yield digital savings accounts like Maya, CIMB, Seabank, and GoTyme. But which of these four is actually the best? So for today’s blog, let’s compare what they have to offer. Best in base interest rate per annum We’re talking about the actual base interest rate here and not including promos … Read More “Which one is the Best High-Yield Savings Account?” »

Earn 4% interest on deposits with GoTyme Bank

Earn 4% interest on deposits with GoTyme Bank

GoTyme Bank is a licensed digital bank in the Philippines, offering convenient banking services to Filipinos through its mobile app. As a regulated bank by Bangko Sentral ng Pilipinas (BSP), all deposits with GoTyme Bank are insured by the Philippine Deposit Insurance Company (PDIC) for up to PHP 500,000 per depositor, ensuring the safety of your money.

Benefits of having a GoTyme Bank account

  • High-interest rate: you will earn 4% interest per year (paid monthly) on your savings.
  • No minimum or maximum deposit balance requirement to earn interest. Regardless of the amount, you will get a 4% interest p.a. on your deposit.
  • Free VISA debit card
  • Free cash in / cash out at Robinsons Supermarket
  • No maintaining balance
  • No bank transfer fees when sending money to another GoTyme Bank account or a Robinsons Bank account
  • 3 free fund transfers to other banks every week
  • Get 3X Go Rewards points when you use your GoTyme Bank to shop at Robinsons Supermarket, Robinsons Department Stores, and all Go Rewards partners.

How to open an account

Via the app

  1. Download the GoTyme Bank app from the Apple App Store or Google Play.
  2. Follow the on-screen instructions and provide your details.
  3. During the process, you will be asked to scan your valid ID and have a selfie taken.

Note: you will need to visit a kiosk to claim your free VISA debit card.

Via a kiosk

  1. Visit a kiosk near you.
  2. Follow the on-screen account opening process to fill out your personal information.
  3. Scan your valid ID, have your fingerprint registered, and your picture taken.
  4. You can immediately claim your free VISA debit card which will be printed by the kiosk.

App Interface

GoTyme Bank

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