In just two years since its launch, GoTyme Bank has reached the 5 million-user milestone, proving that simple and beautiful banking continues to resonate with Filipinos.
To celebrate the milestone, GoTyme Bank will be treating its loyal customers to a limited-time treat, bringing back its 5% annual savings rate from January 1 to February 28, 2025.
The rate comes with no limits, no conditions, and no missions — just straightforward savings.
GoTyme Bank redefined banking in the Philippines with a customer-centric approach that continues to attract customers of all ages and backgrounds. Its key features include:
- Seamless account creation: Open an account in just five minutes via the GoTyme Bank app or at over 500 GoTyme Bank kiosks nationwide.
- Beautiful app interface: An intuitive app design that prioritizes ease of use.
- Innovative banking solutions: GoTyme Bank offers Mobile Check Deposit, three free weekly Instapay transfers (with ₱8 per transfer thereafter), free ATM withdrawals abroad, and the lowest foreign transaction fees.
- Wider accessibility: Deposit and withdraw cash at over 5,000 Robinsons Retail stores and 7-Eleven branches nationwide.
- Rewards on every transaction: Earn Go Rewards points for spending and saving using the GoTyme Bank app and GoTyme Bank Visa Debit Card.
GoTyme Bank expects to sustain its rapid growth with new features set to launch in 2025. Customers can look forward to:
- Consumer credit: GoTyme Bank will be launching consumer credit products to cater to various needs, starting with Buy Now Pay Later, where users can pay for purchases in easy, low-fee payment options that are lighter on the pocket.
- Crypto trading: Buying, holding, and selling cryptocurrencies will soon be possible within the GoTyme app.
- Remittance via SWIFT: Send and receive money internationally via SWIFT using your GoTyme account.
- Cash Recycler Machines: Deposit and withdraw cash at the same machine, available for both GoTyme and non-GoTyme accounts.
“Reaching 5 million customers in under two years is a testament to the trust that Filipinos have placed in GoTyme Bank. We are both humbled and inspired by the support of our customers. Looking ahead to 2025, we plan to further accelerate growth with the aim of making banking beautiful for over 9 million customers by the end of the year,” said Nate Clarke, CEO of GoTyme Bank.
“Offering credit is the next milestone in our journey to unlock the financial potential of Filipinos. With the launch of our Buy Now, Pay Later (BNPL) product, we’re giving customers the flexibility to manage purchases in easy, low-fee installments. This is just the start, as we continue to develop new credit products that empower Filipinos to achieve their financial goals with confidence” said Albert Tinio, Co-CEO of GoTyme Bank.