GoTyme Bank updates

Following its update on bank transfer fees, GoTyme Bank reportedly makes yet another change to its savings interest rate. During the same time last year, GoTyme Bank updated its savings interest rate, originally set at 5% down to 4% p.a. From offering three free bank transfers per week, GoTyme Bank has set an Php8.00 transfer fee for every other fund transfer (or in other words, Php4.00 for every transfer). 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. “This update gives you more value out of your points to help you save on fees,” said GoTyme Bank in a notification email. In a Facebook reel, GoTyme Bank has announced that they now offer 20 free InstaPay transfers per month. ‘With a firm understanding of how Filipinos use and move their money across various banks and e-wallets, GoTyme Bank now offers 20 free InstaPay transfers per month to all customers,’ GoTyme said. Read more in our articles including "GoTyme Bank savings interest down to 3.5%, effective March 1st" and "GoTyme Bank updates its Go Rewards point rates".