Tag: gotyme bank

GoTyme interest rate is no longer 5% per annum

Posted on By Kuya Well No Comments on 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” »

GoTyme Bank now offers 5% interest

Posted on By Kuya Well No Comments on GoTyme Bank now offers 5% interest
High-Yield Savings Accounts, Posts

Note: this is no longer applicable. The latest update on the interest rate offered by GoTyme can be found here. On March 31, 2023, GoTyme Bank decided to go toe to toe with the likes of Maya, CIMB, and Seabank when they increased their interest per annum for GoSave to 5% from their previous interest … Read More “GoTyme Bank now offers 5% interest” »

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