Kuya Well's personal finance corner
Seabank just announced yesterday that they’re adjusting their interest rate from 5% per annum down to a 4.5% p.a. interest rate. What does this mean? Deposits/balances of up to 250K will earn a 4.5% per annum interest rate while balances beyond the first 250K will earn an interest of 3% p.a. When does this take … Read More “Latest Seabank Interest Rate Adjustment” »
Note: this is no longer applicable.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” »
Maya recently released new changes to the interest rate that a depositor gets from their savings account. The updated rates were effective March 7, 2023. What are the changes? Previous New Changes 4.5% per annum base interest for earnings balance of up to 5M 4% per annum base interest for earnings balance of up to … Read More “Maya Savings Account Interest Rates Updated: What You Need to Know (March 2023)” »
