GoTyme Bank

GoTyme Bank is a mobile banking application that allows users to open a savings account in less than 5 minutes using just a Philippine mobile number, home address, and valid ID. This account offers a simple, sustainable, and secure savings interest rate, along with a free Visa debit card that comes with built-in Go Rewards. Users can also enjoy free bank transfers with this account.

For those looking to diversify their savings, GoTyme Bank offers a US Dollar Time Deposit option. Users can start their first forex investment for as low as $1 US and earn 3% for a 3-month term or 3.5% for a 6-month term. They can also deposit their Philippine Pesos and have them converted to US Dollars. The best part is, users can withdraw their savings anytime without any fees or penalties.

With GoTyme Bank, users can open up to 5 savings accounts and earn 4% p.a. with no minimum balance or deposit caps. They can also take advantage of smart saving tools and reminders to stay on track with their financial goals.

Aside from saving, GoTyme Bank also offers a shopping feature where users can earn Go Rewards points whenever they use their debit card. They can even triple their points when shopping at Go Rewards partner stores. Additionally, users can send money to anyone with 3 free transfers to other banks per week and unlimited free transfers between GoTyme Bank accounts.

In case of any concerns or inquiries, users can easily speak to a helpful human through various channels such as call, email, or chat within the app. To ensure the security of their account, GoTyme Bank also provides safety tips such as using their own device to open an account, only installing banking apps from official app stores, and regularly updating their card PIN and passcode.

GoTyme Bank is regulated by the Bangko Sentral ng Pilipinas and deposits are insured by PDIC up to P500,000 per depositor. Users can also stay updated with the latest news and updates by following GoTyme Bank on various social media platforms.