Have you ever thought about breaking up with your bank before? If not, then you should probably at least consider it if you’re not fully satisfied with their services. Many people stay loyal to their current provider simply because it’s familiar. In your case, you’ve probably memorized what to do on routine transactions, you know the branch hours, and you’ve figured out workarounds for the quirks. But just because it’s what you’ve always used doesn’t mean it’s still working for you.
As everything else in your life moves online—from shopping and bills payment to booking hotels and flights—it’s worth asking why your banking experience hasn’t caught up. A growing number of Filipinos are discovering that digital banks are the smartest, most flexible places for their money today. Maya, the Philippines’ #1 digital bank and a Bangko Sentral ng Pilipinas (BSP)-supervised financial institution, brings the safety of a bank and the flexibility of a wallet into one seamless app. Whether you’re looking to grow your savings, manage payments, or simplify daily expenses, Maya makes it easier to bring all your finances in line. Best of all, you can open bank account straight from our app in just a few taps, with no branch visits or cumbersome paperwork required.
Ready to look into how to open a bank account at Maya or another digibank of your choice? Wondering just what it is that makes digibanks the best banks to open an account these days? Here are a few reasons to say bye-bye to your old bank.
Reason #1 to Open Bank Account with a Digibank: You’d Like a Debit Card That Actually Works for You
Getting a new debit card from a traditional bank often means lining up at a branch, waiting for activation, and going through multiple steps just to manage it. If it’s lost or compromised, the process to replace it isn’t always much better, likely involving multiple phone calls and a headache or two.
We at Maya think you should have a debit card that’s a dream to use—fast, secure, and frictionless on every platform. You can instantly get a virtual card in the app, or order a physical Maya Card that links directly to your wallet; certain limited-time promos may even allow you to get it for free. It works globally online and in-store, and you can manage everything, from activation to transaction tracking, in the Maya app. As a bonus, using your Maya Card also helps boost your Maya Savings interest rate, which means you could be making even more money from every peso you spend.
Reason #2 to Open Bank Account with a Digibank: You’re Tired of Long Queues and Limited Branch Hours
Many people who want to move money or update their accounts at a traditional bank still need to take a half-day off work to do it, because these institutions generally still expect you to visit a branch to access basic services. That’s fine if you have time to spare, but frustrating when your schedule doesn’t allow it. A modern digibank, in contrast, puts your entire banking experience in your pocket. With Maya, you can open an account, pay bills, send money, track your savings, and even request a physical card, all without ever stepping inside a branch. It’s banking that works on your time, not the other way around.
Reason #3 to Open Bank Account with a Digibank: You’re Paying Fees for Basic Services
It starts with a monthly maintenance fee. Then you get charged for ATM withdrawals, balance inquiries, or even transferring money between accounts within the same bank! Before you know it, you’re paying so much for services that should come standard. Digital banks are built to be leaner since they lack physical branches, and that means fewer fees passed on to you. Maya doesn’t charge to open an account or use essential wallet features, and you can transfer, load, and pay online without the usual hidden costs. We’re also transparent about any and all fees we charge for using our services.
Reason #4 to Open Bank Account with a Digibank: Your Savings Aren’t Growing
Why would you want to park your money somewhere that barely earns anything? That can just feel like running in place. Most legacy banks still offer minimal interest rates—some so low, you’d earn more picking lost coins off the street. With Maya, your money has more room to grow. You can lock it down for as much as 6% interest p.a. with Maya Time Deposit Plus, or boost your savings interest rate up to 15% p.a. through Maya Savings. Our savings products are ultimately designed to reward you for using your money wisely.
Your Banking App Feels Clunky or Outdated
There’s nothing quite like needing to check your balance, only to be met with an app that freezes or crashes. Worse, some apps still don’t offer the basics like instant transaction logs or intuitive navigation. It’s the kind of experience that leaves you guessing about your own money. Modern digibanks are built mobile-first, not retrofitted from desktop systems. With Maya, you get a fast, secure, and thoughtfully designed app experience from the start. You can open an account, view your activity, send money, or even invest, without jumping through menus or dealing with delays.
At the end of the day, there’s no reason to tough it out with a less-than-stellar legacy bank. Maya provides a faster, smarter, and more rewarding way to manage your money, right from one secure app. Make the switch today and experience what modern banking should feel like.
