The Direct Answer
Maya pays 3.5% base vs GoTyme's 3.0%, and Maya's boost starts at 5% with PHP 250 in monthly spend. GoTyme is cleaner if you want zero conditions and separate named savings jars. Many users can use both.
Maya and GoTyme are both BSP-licensed, PDIC-insured digital banks. The difference is not safety. The difference is behavior.
Maya can pay more if you already use it for bills, load, QR, or card payments. GoTyme is simpler if you just want to park money and avoid monthly tasks.
Key takeaways
- Maya's base rate beats GoTyme's current flat rate.
- Maya's boosted rate can be higher, but it depends on monthly activity.
- GoTyme wins on simplicity: flat rate, no tasks, and up to 5 named Go Save accounts.
- Rates and peso estimates below are before tax.
- The most practical move for many users is Maya for transactions, GoTyme for passive goals.
Maya vs GoTyme at a glance
| Feature | Maya | GoTyme |
|---|---|---|
| Base rate | 3.5% p.a. | 3.0% p.a. |
| Boosted rate | Up to 15% on eligible balances | None |
| Boost cap | First PHP 100,000 only | N/A |
| Savings accounts | 1 main + Personal Goals | Up to 5 Go Save accounts |
| Physical card | Yes | Yes, printed at partner kiosks |
| Account opening | Digital | App or partner kiosk |
| PDIC insured | Yes, up to PHP 1,000,000 | Yes, up to PHP 1,000,000 |
| Minimum deposit | PHP 0 | PHP 0 |
Banks may deduct final withholding tax before interest reaches your account. Truva shows advertised rates and gross estimates so the comparison matches the rate you see from the bank.
Gross peso math
PHP 50,000
| Scenario | Advertised rate | Gross/year | Gross/month |
|---|---|---|---|
| Maya max boost | 15% on eligible balance | PHP 7,500 | PHP 625 |
| Maya minimum boost | 5% | PHP 2,500 | PHP 208 |
| Maya base only | 3.5% | PHP 1,750 | PHP 146 |
| GoTyme flat | 3.0% | PHP 1,500 | PHP 125 |
PHP 100,000
| Scenario | Advertised rate | Gross/year | Gross/month |
|---|---|---|---|
| Maya max boost | 15% on eligible balance | PHP 15,000 | PHP 1,250 |
| Maya minimum boost | 5% | PHP 5,000 | PHP 417 |
| Maya base only | 3.5% | PHP 3,500 | PHP 292 |
| GoTyme flat | 3.0% | PHP 3,000 | PHP 250 |
PHP 250,000
| Scenario | Gross/year | Gross/month |
|---|---|---|
| Maya max boost | PHP 20,250 | PHP 1,688 |
| Maya minimum boost | PHP 10,250 | PHP 854 |
| Maya base only | PHP 8,750 | PHP 729 |
| GoTyme flat | PHP 7,500 | PHP 625 |
Maya can pay more, but the gap only matters if you can keep the conditions. GoTyme is lower, but it is simpler.
Run your own numbers
See what your balance could earn before tax
Use Truva's savings calculator to model Maya vs GoTyme at your exact balance before you move a peso.
How Maya's savings rate works
Maya has a base rate and a boosted rate. The boosted rate climbs when you complete monthly activity through Maya.
| Monthly activity | Rate you may unlock |
|---|---|
| PHP 250 spend | 5% p.a. |
| PHP 1,000 spend | 6% p.a. |
| Higher activity tiers | 8% to 12% p.a. |
| Select-user promo | Up to 15% p.a. |
The boost applies only to your first PHP 100,000. Any balance above that earns the base rate.
The honest read: Maya is strongest if it is already part of your spending life. If you have to force transactions just to chase a rate, the friction may not be worth it.
How GoTyme Go Save works
GoTyme is simpler. Its Go Save account pays a flat advertised rate, has no monthly task requirement, and lets you create named savings accounts.
This works well if you want money jars for travel, tuition, emergency savings, or a "do not touch" bucket. You do not need to remember missions or reset your habits each month.
Which bank fits your situation
| Your situation | Better fit | Why |
|---|---|---|
| Passive saver, deposit and forget | GoTyme | Flat rate, no monthly requirements |
| Already pay bills or load via Maya | Maya | You may unlock a higher rate without changing habits |
| Heavy Maya spender | Maya | Higher boost tiers can matter on the first PHP 100,000 |
| Goal-based saver | GoTyme | Named Go Save accounts keep goals separate |
| Need payments + savings in one app | Maya | Wallet, QR, bills, and savings live together |
| Savings above PHP 1,000,000 | Use both or split further | PDIC coverage is per bank, per depositor |
Should you use both?
Yes, many users can.
Use Maya for your transaction float if you already pay bills, buy load, or use QR through it. Keep the boost cap in mind.
Use GoTyme for passive goals where you do not want monthly chores. It is easier to leave alone.
Frequently asked questions
Is Maya or GoTyme better for savings in the Philippines?
Maya can pay more if you regularly use it for spending. GoTyme is cleaner if you want zero conditions and multiple named accounts.
Can I open both a Maya and GoTyme account?
Yes. Both require only a valid ID and a selfie. Neither has a minimum deposit.
What do I need to do to get Maya's boosted interest?
Spend through Maya according to the current mission rules. The boost applies only to your first PHP 100,000, and higher tiers require more activity.
Does GoTyme have a cap on the 3% rate?
GoTyme's current Go Save rate applies broadly without the same mission-style requirements. Always check the latest bank terms before opening.
Are Maya and GoTyme PDIC insured?
Yes. Both are BSP-licensed digital banks and are PDIC-insured up to PHP 1,000,000 per depositor.
The bottom line
Maya is the stronger rate play if you already use the app. GoTyme is the cleaner savings jar if you want to avoid monthly tasks.
The right question is not just "which has the highest rate?" It is "which rate can I realistically keep?"
Rates are subject to change. Rates and peso estimates above are before tax. Banks may deduct final withholding tax before interest reaches your account. Last verified: April 15, 2026.
