#SeaBank 4% interest

SeaBank has yet again adjusted its savings interest rates of up to 4% per annum. SeaBank didn't explicitly say the reasoning behind the change. GoTyme Bank, for example, adjusted its interest from 5% to 4% per annum. Despite SeaBank’s adjustment, customers can still enjoy 15 free fund transfers and three cash-ins per week—along with daily interest accrual to maximize savings. Seabank on Tuesday has announced to adjust its high-interest rate offering to 4.5% per annum (p.a.) for the first PHP 250,000 effective starting July 13, 2023. interest rate in excess of PHP 250,000 cap, and also mentioned its key features including free transfers to other banks, e-wallets, 24/7 customer service, and discounts on load top-ups. This change comes a month after Maya Bank had recently adjusted its base interest from 4% down to 3.5% p.a. You may read our guide here for more reference about the other interest rates from other digital banks. Read more in our articles including "SeaBank’s savings interest down to 4%" and "SeaBank interest rate adjusted to 4.5% p.a.".