Maya now offer Time Deposit Plus, with up to 6% Interest Rates - Adobotech | Tech, Gadgets Served in Adobo Flavors

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Maya now offer Time Deposit Plus, with up to 6% Interest Rates

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Maya Time Deposit Plus

Maya introduces Maya Time Deposit Plus, a revolutionary savings product offering remarkable returns and unmatched flexibility for effective wealth management.

Starting January 5, users can transform their savings strategy with Maya Time Deposit Plus. This innovative account allows users to set a savings goal, start with any amount, and choose a term that suits their financial aspirations, breaking free from the limitations of traditional time deposits.

Maya Time Deposit Plus

With interest rates of up to 6% p.a., users can open up to five Time Deposit Plus accounts, each with a maximum balance of ₱1 million. Interest is credited monthly, directly into their accounts, providing an attractive way to steadily grow savings.

Maya Time Deposit Plus empowers users to set a target amount and strategically accumulate savings, whether starting with a lump sum or growing funds gradually. Customers can choose terms of three months at 5.50% p.a., six months at 6.00%, or 12 months at 5.75%. The flexibility extends to instant cancellations, allowing immediate access to funds when needed.

Transferring funds to the Time Deposit Plus account is seamless, directly from the Maya Wallet or through channels like InstaPay or PESONet—for free.

In a groundbreaking move, Maya introduces a motivational tool, rewarding users with badges as milestones in their Time Deposit Plus journey. These badges visually track and encourage progress, adding engagement to the saving experience.

Shailesh Baidwan, Maya Group President, emphasized Maya's commitment to enhancing Filipinos' financial well-being. Maya Time Deposit Plus is the latest innovation to simplify wealth-building, making financial growth accessible and empowering for everyone.

Beyond savings, Time Deposit Plus is integrated into Maya's broader ecosystem, offering opportunities to reinvest in Maya Funds, Stocks, and Crypto. Regular interactions with the app enhance financial profiles, potentially unlocking additional borrowing opportunities.

Supervised by the Bangko Sentral ng Pilipinas, Maya Time Deposit Plus ensures secure savings with comprehensive security protocols and is insured for up to ₱500,000 by the Philippine Deposit Insurance Corporation (PDIC). Maya continues to be a reliable option for secure and dependable savings.
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