Was your account debited but the recipient failed to receive the money when you used InstaPay transfer during an InstaPay maintenance or downtime? I’m sure you’re worried about the mishap but here’s what you need to do: Don’t get mad … Continue reading
When I discussed Emergency Funds the last time, I mentioned that it’s best to put them in high-yield savings accounts to lessen the impact of inflation. Why opt for a High-yield savings account and not a commercial bank? Most commercial … Continue reading
An emergency fund is a substantial amount of liquid assets/funds that you can use in case of unprecedented events like the following: If I have savings/investments, do I still need one? Let me stress the term: emergency. So ang tanong, … Continue reading
Maya Bank is a digital service bank supervised by the Bangko Sentral ng Pilipinas. They offer a base interest of 3.5% per annum on your deposits (up to 5 Million) for their “My Savings” account. The base interest rate can … Continue reading
Seabank offers a high-yield savings account where you can earn 4.5% interest per annum on your deposits (first 250 thousand). The fraction of the interest per annum on your deposited money is credited on a daily basis (usually between 12MN … Continue reading
CIMB Bank is one of the earlier known digital banks (though in essence, it’s actually a Rural bank) in the Philippines. They offer 3 savings accounts that provide different earnings/interests per annum and the interests you earn are compounded monthly. … Continue reading