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Four reasons why you should start saving with Maya

PayMaya has rebranded to Maya, recently launching a sleek new all-in-one money app.

Moving beyond payments, Maya integrates the PayMaya e-wallet that’s loaded with features including crypto and insurance, with an innovative digital banking experience powered by Maya Bank with Maya Savings and Credit.

In today’s digital age, Maya Savings is all you need to start growing your money. But in case you’re not yet convinced, here are four big reasons why it is the right money app for you.

1. 6% introductory interest rate

Maya Savings offers a huge 6% introductory interest rate, one of the highest in the market right now with no maintaining or opening balance. The offer is available until August 31, 2022, so you still have time to take advantage of this deal. To access this feature, you need an upgraded Maya account.

2. BSP-licensed security

Maya Savings is powered by its very own, Maya Bank. Like any other bank, Maya Bank is regulated by the Bangko Sentral ng Pilipinas (BSP), duly licensed as a digital bank. This means you are assured that your money is safe.

Moreover, Maya Bank is also a member of the PDIC, meaning your deposits are insured for up to Php 500,000.

3. Easy account opening and maintenance

Opening a Maya Bank account is easy. First, you need a Maya account. If you already have one, you need only to upgrade it.

To upgrade your account, select Upgrade from the app’s home page, fill out the requested details and submit a video selfie and one valid ID. Once approved, you will receive an SMS notification and a green verified checkmark beside your name.

Once your Maya account is upgraded, you will be able to move money from your e-wallet to your Maya Savings account with just a couple of taps in the app.

  1. Go to the Savings tab of your Maya account. Tap Start my savings.
  2. Key in the one-time pin sent to your mobile number.
  3. Once done, you’re all set. You can deposit any amount to your Savings account from your PayMaya wallet.

4. All-in-one money app

Maya has everything you need to manage your finances. As an all-in-one money app, you have access to a variety of innovative financial services, including savings, credit, cryptocurrency, and, of course, an e-wallet. With Maya in hand, you’ll have everything you need for all things money – no need to switch from one financial app to another.

Apart from the four reasons listed above, Maya will continue to improve, such as the upcoming dark mode. And to make the Maya experience even more personalized, you can also choose a unique username that will serve as your Maya identity, and very soon, achieve your ipon goals easily through Maya Savings’ Goals feature where you can save money based on your different life goals or milestones.

Maya Early Access Challenge

Maya also announces the Maya Early Access Challenge. For a chance to win, all you need to do is to take the challenge.

Interested in joining? Here’s a quick guide:

  1. Download the Maya app and register.
  2. On the app’s home page, tap the More button and choose Missions. You’ll be able to join the Maya Early Access Challenge from there.
  3. Open up a Savings account, and complete various Maya Missions to get more points.

To learn about the different Maya missions, you can check out https://www.maya.ph/earlyaccess. A Maya level is assigned, depending on the score:

  • Maya Master for users with at least 2,400 points.
  • Maya Enthusiast for users with at least 1,600 points.
  • Maya Explorer for users with at least 1,200 points.

Maya Explorer-level customers will get a chance to win Php 300,000 worth of Bitcoin. Maya Enthusiasts can take home Php 600,000 worth of Bitcoin. And Maya Masters have the chance to take home Php 1,000,000 worth of Bitcoin.

Also Read: How to buy and sell cryptocurrency like Bitcoin on PayMaya

On top of this, all participants with a Maya Savings account will get a chance to win Php 1,000,000 worth of Bitcoin.

The premier all-in-one money app Maya offers all this and more. Start your journey to financial success by downloading the Maya app on the Google Play Store or the Apple App Store now.

Bryan is a geek at heart and a tech enthusiast by choice. He has a strong background in corporate communications, marketing services, and customer relations having worked in the telecommunications and banking sectors for over two decades. In his spare time, he enjoys watching clips on YouTube and binge watching shows on Netflix.

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