Boost your interest up to 10% p.a. when you pay with Maya

1. 1. Promo duration is from March 7 to April 30, 2023, with the transaction period per month (refer to clause #3), extended until May 31, 2023 as approved by DTI-FTEB.
2. This promo is open to all new and existing Maya Savings accountholders who will do the accumulate spend requirements with ANY of the following transactions done on the Maya Wallet within the promo period:
1. Pay via QR
2. Buy Airtime Load
3. Pay a bill in the app
4. Pay via Mobile Number
5. Pay with your Maya Card
3. All Maya Savings accountholders can enjoy a base interest rate of 4% p.a. on balances up to P5M, and increase their interest rate further based on the spend requirement per tier:

*Anything beyond Php100,000 earns 4% interest p.a.

*any balance in excess of Php 5,000,000.00 will not get any interest

If a Maya Savings accountholder who just opened a Savings account did not complete any of the transactions above on the Maya Wallet, he/she will still be enjoying a 4% interest rate p.a. on his/her Maya Savings account.

But if the user just recently opened Maya Savings and transacted a total accumulate spend of Php250 within the month he opened a Savings account, he will get a total of 5% p.a. until March 31, 2023. If the same user transacted again and spent an accumulate of Php30,000 on April 1, he will get a total of 10% p.a. until April 30, 2023.

Example: User made the following transactions within the same month (i.e. March 7 to 31, 2023)
1^st qualified transaction on March 7 = Php250 = user qualifies for a total of 5% p.a. (+1% p.a.) from March 7 to 31, 2023
2^nd qualified transaction on March 8 = Php750 = user qualifies for a total of 6% p.a. (+1% p.a.) from March 8 to 31, 2023
3^rd qualified transaction on March 10 = Php19,000 = user qualifies for a total of 8% p.a. (+2% p.a.) from March 10 to 31, 2023
4^th qualified transaction on March 11 = Php10,000 = user qualifies for a total of 10% p.a. (+2% p.a.) from March 11 to 31, 2023
Total / accumulate spend transactions within March 7 to 31, 2023 = Php30,000

Any amount transacted within March 7 to 31, 2023, will fall under the Month 1 accumulate spend
Any amount transacted within April 1 to 30, 2023, will fall under the Month 2 accumulate spend
Any amount transacted within May 1-31, 2023, will fall under the Month 3 accumulate spend
Please see below sample scenario:

4. In case of (including but not limited to) user-triggered mobile number change, the total amount of qualified accumulated transactions will be reset to zero (Php 0) and the user has to transact at least P250 to Php30,000 worth of qualified transactions again to qualify for the promo.
5. Accountholder will see on the Savings dashboard his/her qualification duration for bonus interest rate he is qualified for Maya Savings on the same day of his/her successful transaction.
   An accountholder who qualified within the month of March, will get his bonus interest rate until March 31, 2023.
   An accountholder who qualified within the month of April, will get his bonus interest rate until April 30, 2023.
   An accountholder who qualified within the month of May, will get his bonus interest rate until May 31, 2023.
6. Accountholder will be able to see his/her qualification duration for the bonus interest rate on the Savings dashboard or on the Missions screen

   Note: Make sure your app is updated to the latest version so you can track your boosted interest. You can check your Missions anytime to see your progress. For some users, you won't immediately see your Savings interest screen but your bonus interest will still be credited to your account every day after making a qualified transaction. 

7. Your base interest rate and bonus interest rate will be reflected on your transaction history the next day as follows:

8. For an updated table of our interest rates, check our Maya Savings Terms and Conditions
9. Bills pay transactions made at the following billers are excluded from the promo:
1. “Government” category billers
2. “Donation” category billers
3. “Others” category billers
4. “Payment Solutions” category billers
5. And other billers prone to promo abuse
10. QR transactions made at the following merchants are excluded from the promo:
1. Maya Business App (formerly called PayMaya Negosyo) merchants
2. “Donation” category merchants
3. “Government” category merchants
4. “School” category merchants
5. “Gambling” category merchants
11. Maya users with merchant accounts and those under Maya Negosyo and Maya Business Manager (formerly PayMaya Business Manager or PBM) are disqualified from participating in this promo.
12. Maya payments (Maya number, Maya QR or Maya card) made to Maya Negosyo and Maya Business Manager merchants or submerchants are not qualified for the promo.
13. Payments made to or purchases of cash equivalent instruments, financial institutions, financial assets, insurances, ATM withdrawals, gambling/gaming chips, and other quasi cash transactions are also not qualified for the promo.
14. Maya payments (Maya number, Maya QR or Maya card) or transactions made to merchants within the crypto space are not qualified for the promo. (e.g PDAX cash-in, other VASPs to be enabled where Maya payments are accepted, etc.)
15. Promo participants must agree to be interviewed and featured in announcements to be made by Maya regarding the promo in any of the following channels: website, social media, print and online media.
16. Videos and photos of participants may be used only for promotional ads related to this campaign.
17. Only Consumer accounts are qualified for this promo. Maya users with Maya merchant accounts and Maya Center agents are disqualified from participating in this promo.
18. Maya users with duplicate accounts or who are blacklisted cannot participate in this promo. Maya reserves the right to cancel or withdraw the prize or benefit if proven to be a duplicate account or participant is blacklisted.
19. In case of disputes regarding accountholder's eligibility for the promo, coverage of dates, fulfillment, Maya's decision shall prevail, in concurrence with DTI.
    
    

DTI Fair Trade Permit No. FTEB-161325  Series of 2023

Deposits are insured by PDIC up to P500,000 per depositor. Maya Bank, Inc. is regulated by the Bangko Sentral ng Pilipinas. Learn more at www.bsp.gov.ph