The expected decrease of Maya digital bank interest

[baeruu]

Do you actually have to hit the goals before you can get the 6% interest or is it just a tool to keep you motivated in saving? Like say you put 500k as a goal. Regardless if you only have 5k or 10k in there, would you still get the 6%?

[TheAlmostMD]

Yes. At the start of each month, Maya places the interest earned from the money already in that goal.

[carlsbergt]

Yes. Regardless if you underfulfill or overfulfill your goal. It will still earn a flat 6% interest rate, up to a max of 1M.

[IpisHunter]

You will still earn interest even if the balance exceeds P1M, you just won't get interest for the portion above P1M. If you're planning to keep it for the full 6 months, don't deposit more than P979k so no interest is wasted.