Ongoing until April 30, 2024

Get up to 14% p.a. when you #SwitchToMaya today!

Instantly earn 12% p.a. on your savings with just ₱500 wallet spend, further boost your interest by referring a friend or use Lazada to pay.

1280 x 720 (1)
  1. Promo duration is from November 1, 2023 to January 31, 2024 extended util April 30, 2024, with the transaction and reward period considered per month (refer to clause #3 &4 )
  2. This promo is open to all NEW Maya users and Existing Maya Users where each are defined as:
    1. New Maya users- those who created & registered their account from November 1, 2023 to February 29, 2024
    2. Existing Maya users- those who have created & registered their account prior to November 1, 2023.
    3. User is only considered as a New Maya user within the same month of their creation of their account.

      Example: User creates & registers their Maya account on November 1, 2023. They are only considered as a NEW Maya User until November 30, 2023. They will be considered as an existing user beyond November 30, 2023.

Date of Creation of Maya Account

Considered as New User

Considered as Existing User

On or between November 1-30, 2023

Until November 30, 2023

December 1, 2023 onwards

On or between December 1-31, 2023

Until December 31, 2023

January 1, 2023 onwards

On or between January 1-31, 2024

Until January 31, 2024

February 1, 2024 onwards

On or between February 1-29, 2024

Until February 29, 2024

March 1, 2024 onwards


New Maya Users

  1. Qualified New Maya users who are Maya Savings accountholders can enjoy a base interest rate of 3.5% p.a. on balances up to P5M, and increase their interest rate further based on the requirement per tier below:
new


*Anything beyond Php100,000 earns 3.5% 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 3.5% interest rate p.a. on his/her Maya Savings account.

Existing Maya Users

  1. Qualified Existing Maya users who are Maya Savings accountholders can enjoy a base interest rate of 3.5% p.a. on balances up to P5M, and increase their interest rate further based on the requirement per tier below:

existing copy

*Qualified Transaction Period

MONTH

DURATION

BONUS INTERES RATE DURATION

Month 1

November 1 to 30, 2023

Until November 30, 2023 from the day of qualification

Month 2

December 1 to 31, 2023

Until December 31, 2023 from the day of qualification

Month 3

January 1 to 31, 2024

Until January 31, 2024 from the day of qualification

Month 4

February 1 to 29, 2024

Until February 29, 2024 from the day of qualification


*Anything beyond Php100,000 earns 3.5% 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 3.5% interest rate p.a. on his/her Maya Savings account.

Please See Sample Scenario Below:

  1. 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 Php 250 to Php35,250 with fund source Maya Wallet, and Php 3,000 with fund source from Maya Credit, worth of qualified transactions again to qualify for the promo.
  2. Maya Credit transactions made via QR or at the Maya Shop are the only qualified transactions considered for the +1% Php 3,000 spend via Maya Credit.
  3. Accountholder will see on the Savings dashboard their qualification duration for bonus interest rate they are qualified for Maya Savings on the same day of their successful transaction.
  4. An accountholder who qualified within a certain month, will get their bonus interest rate until the last day of the same qualifying month as illustrated below:

*Qualified Transaction Period

MONTH

DURATION

BONUS INTERES RATE DURATION

Month 1

November 1 to 30, 2023

Until November 30, 2023 from the day of qualification

Month 2

December 1 to 31, 2023

Until December 31, 2023 from the day of qualification

Month 3

January 1 to 31, 2024

Until January 31, 2024 from the day of qualification

Month 4

February 1 to 29, 2024

Until February 29, 2024 from the day of qualification


  1. Accountholder will be able to see their 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. 
  2. Your base interest rate and bonus interest rate will be reflected on your transaction history the next day as follows:

Interest Rate

New Maya User

Existing Maya User

0

Base Rate

3.5% p.a.

3.5% p.a.

1

Bonus Interest Rate from at least Php 250 spend on bills payment or airtime load, or QR, Card, or Checkout with Maya Wallet

N/A

1.5% p.a.

2

Bonus Interest Rate from at least Php 500 spend

on bills payment or airtime load, or investment in Funds, or QR, Card, or Checkout with Maya

8.5% p.a.

N/A

3

Bonus Interest Rate from at least Php 1,000 spend via QR, Card, or Checkout with Maya Wallet

N/A

1% p.a.

4

Bonus Interest Rate from at least Php 3,000 spend on QR, or Maya Shop with Maya Credit

N/A

1% p.a.

5

Bonus Interest Rate from at least Php 25,000 spend on QR, Card, or Checkout with Maya Wallet

N/A

2% p.a.

6

Bonus Interest Rate from at least Php 35,000 spend on QR, Card, or Checkout with Maya Wallet

N/A

2% p.a.

7

Bonus Interest Rate from successfully referring a friend using your Maya @username

2% p.a.

*Good for 15 days with each successful referral

*Maximum of 2 successful referrals per month only

2% p.a.

*Good for 15 days with each successful referral

*Maximum of 2 successful referrals per month only

Total Interest Rate

14%

13%


Note: Users who have an active boost until last day of the month, will receive their final boosted interest on the first day of the following month.

  1. For an updated table of our interest rates, check our Maya Savings Terms and Conditions
  2. Bills pay transactions made to the following billers are excluded from the promo:
    1. “Donation” category billers
    2. “Payment Solutions” category billers
    3. COL Financial
    4. Oriental Assurance Inc
    5. Maya Bank / PayMaya Lending Corporation / Maya PayLater
    6. Purchase Plus Installment Credit
    7. Davao Light and Power Corporation
    8. Subic Enerzone Corporation
    9. Visayan Electric Company (VECO)
    10. Holy Cross Coop
    11. 1Sari Financing Corporation
    12. AFMPBAI
    13. DMCI Homes
    14. EVY Developers
    15. Jose Rizal University

  3. 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. Gambling” category merchants

  1. 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.
  2. Maya payments (Maya number, Maya QR or Maya card) made to Maya Negosyo and Maya Business Manager merchants or sub-merchants are not qualified for the promo.
  3. Maya card (Visa or Mastercard) payments made to the following merchant categories will be excluded from the promo:
    1. Financial institutions – 6051
    2. Schools – 8220
    3. Gambling – 7995
    4. Donations/Foundations - 8651, 8661, 8669, 8398
    5. Billers – 4900
  4. 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.
  5. 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.)

  1. 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.

  2. Videos and photos of participants may be used only for promotional ads related to this campaign.

  3. 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.

  4. 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.

  5. 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-179051 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

Annex A: Refer & Boost Your Savings with Your @Username

  1. This promo is open to existing Maya users who have upgraded and verified accounts.

  2. Existing Maya User “Referrer” may participate in this promo by using their unique @username as an invite code to refer users to join Maya.

  3. The Referrer may view his/her invite code in the Maya app by accessing the MENU (for Android users) or clicking on MORE (for iOS users); and tapping on the INVITE FRIENDS banner. 

  4. The Referrer may share their @username as an invite code to as many friends as possible during the promo period. They may post it on any social media platform or share it via messaging apps.

  5. The Referrer will be rewarded with a +2%* bonus interest rate for 15 days once the referee completes all the activities in Step 8 as a new user (referral)
    1. *+2% p.a. bonus interest rate is applicable to up to Php100K Maya Savings deposit balance 
    2. *+2% p.a. bonus interest is valid for 15 days per referral 
    3. 1 day = 1 referral = 1 set of 15 days
       
  6. Referrers can get an additional 2% p.a. interest boost for 15 days when they have a successful referral, and they can refresh the 15 days of additional 2% p.a. interest boost for every succeeding referral. In the event that there are two successful referrals in a day, only 1 referral will qualify. 

  7. Referred users shall do the following within the promo period to qualify as a referral:
    1. Create or sign up to open a Maya account using the referrer’s @username invite code 
    2. Cash-in at least ₱20 to Maya wallet. 
    3. Upgrade or verify the Maya account, open Maya savings AND deposit ₱20 to Maya Savings from your wallet. 
  8. Upgrade and deposit savings can only be done in order. Referred users must do the steps in #7 in order.

  9. Referrers whose invite code was previously used/entered into by a referee outside the promo period (November 23, 2023 to January 31, 2024) but were not able to complete the steps indicated in step 7 are NOT eligible for the +2% p.a. bonus interest rate.

  10. The Referrer must have a valid Maya account before referring a friend in order to receive the reward. 

  11. The account holder will be able to see his/her qualification duration for the bonus interest rate on the Savings dashboard. There will also be in-app notifications to be sent to confirm the bonus interest rate qualification. 

  12. 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. 
  13. Any reward credited to the qualified user shall be deemed final unless the customer notifies Maya any of mistake in crediting, such as, but not limited to: incorrect reward credited or uncredited reward, within 15 days from the end of the promo period. 

  14. Existing Maya users along with those with merchant accounts and under Maya Business are disqualified from participating in this promo.

  15. This promo is applicable to unique and valid Maya consumer accounts only. Maya reserves the right to withdraw rewards or prizes if one person has already received the prize or benefit, even if already issued.

  16. This promo is applicable only to unique and valid Maya accounts created using the Maya app and registered under a unique mobile number and mobile device. User will not be eligible to participate in the promo if he/she creates multiple accounts using one mobile device. Moreover, accounts created outside of the Maya app are not eligible for this promo.

  17. If a Referee is invited by multiple people with invite codes, the referral will only be attributed to the referrer whose invite code was entered in the app. 

  18. A referee may also use an invite code officially shared by Maya and its authorized partners and receive the voucher rewards after the successful upgrade of account, cash-in and first transaction. 

  19. Maya accountholders who are blacklisted due to a violation of a Maya promo, or who has violated or is subsequently found to be in violation of any of the terms and conditions of Maya are not qualified to participate in this promo.

  20. Those who are suspected of or are found out to be abusing the Maya system or is suspected of committing fraudulent acts to abuse the system are also not qualified to participate in the promo or receive rewards. 

  21. If a prize or benefit has already been awarded and the violation or fraudulent activity is discovered after being awarded, Maya shall have the right to clawback the prize or reward given. 
  22. Maya reserves the right to refuse and withdraw the awarding of rewards or prizes to accounts that are proven to be invalid or fraudulent or a result of gaming (i.e. abuse of system or weakness in the promo to win prizes or receive benefits).

  23. Should the qualified transaction be cancelled or declined, whether the cancellation is customer- or biller-initiated, Maya reserves the right to withdraw the cashback or reward equivalent to the cancelled payment transaction, even if the cashback or reward has already been credited. Maya reserves the right to debit any points/cash reward credited from your balance. If your balance is insufficient to cover the amount to be withdrawn at the time of withdrawal, Maya reserves the right to debit the balance not withdrawn when your balance is sufficient. 

  24. The customer must notify Maya for any complaints regarding the promo. The decision of Maya on the complaint with concurrence of DTI FTEB shall be considered final. For clarifications and complaints relative to this promo, please email support@maya.ph. 

  25. Maya users who have exceeded their aggregate limits may not receive their prize or cashback on time. The prize or cashback can only be credited the following month or once a user’s account balance is once again within the allowable limits – P50,000 for starter accounts and P100,000 for upgraded accounts.

  26. Maya Philippines and Maya Bank are regulated by the Bangko Sentral ng Pilipinas. Deposits are insured by PDIC up to P500,000 per depositor.

DTI Fair Trade Permit No. FTEB-179051 Series of 2023

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About Maya 

Maya is the only end-to-end digital payments ecosystem enabler in the Philippines with platforms and services that cut across consumers, merchants, communities, and government. Through its enterprise business, it is the largest digital payments processor for key industries in the country including "everyday" merchants such as the largest retail, food, gas, and eCommerce merchants, as well as government agencies and units.

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