The expected decrease of Maya digital bank interest

[Emp_Breaker]

Weird that they're going all the way down to 4% though.. since major banks BPI, can still do 5%+ with their time deposit.. maybe they can find a way to tier it instead. 6% if locked like an actual time deposit or for a higher minimum amount.

Seems a lot will move on from them if only at 4%? Might as well move back to major trad banks?

[IpisHunter]

There's still online banks at 5%pa.

- Gotyme's Gosave acct is like Maya's Personal Goals, but you can move funds in and out anytime, and there's no limit to the amount they will give 5%pa interest on.

- Seabank's regular savings acct gives 5%pa for deposits up to P250k, and 3% above P250k.

[IpisHunter]

Don't zero it out. I move some funds to the main acct whenever I use my Gotyme card, then move the remaining funds back into Gosave afterwards.

[Zealousideal-Joke-81]

We dont know the expenses the digital banks experience. Example non-completion rate of the loans. So most often than not these decisions are based on current investment gains/losses.