SeaBank shifts to InstaPay as default for linked cash-ins, P15 fee applies to non-InstaPay transfers

Starting June 16, 2025, SeaBank users will see a change in how they top up their accounts. The app will default to InstaPay for linked cash-ins where available. That means faster transfers but possibly added fees depending on the partner bank or e-wallet.

Some options, like ShopeePay, will still offer free transfers. For non-InstaPay transfers, expect a Php15 fee per transaction.

SeaBank also clarified that it won’t charge users any fees when using the app’s Mobile Banking page to transfer funds. Still, users are advised to check with their own bank or e-wallet for any extra costs or transfer limits on their end.

This change comes after SeaBank recently adjusted its savings interest rate from 4.25% to 4% annually. Despite the drop, users still get up to 15 free transfers and three free cash-ins each week, plus interest that accrues daily.