GoTyme Bank updates its Go Rewards point rates

Following its update to bank transfer fees, GoTyme Bank has also made changes to its Go Rewards system, particularly regarding the rates.

GoTyme Bank now follows a 1 point = Php1.00 rate.

As seen in the table above, points earned through in-app services like Buy Load now have a higher peso value. Additionally, fewer points are needed to cover bank transfer fees—now, exactly 8 points will cover the Php8.00 bank transfer fee.

“This update gives you more value out of your points to help you save on fees,” said GoTyme Bank in a notification email.

Users can earn Go Rewards points with purchases through the bank’s debit card or purchases made with affiliated stores such as Robinsons Supermarket, The Marketplace, No Brand, et cetera.