1. Promo duration is from November 1, 2023 to January 31, 2024, with the transaction and reward period considered per month (refer to clause #3 &4 )
2. This promo is open to all NEW Maya users with Maya Savings account and Existing Maya Users with Maya Savings account where each are defined as:
4. New Maya users- those who created & registered their account from November 1, 2023 to January 31, 2023
5. Existing Maya users- those who have created & registered their account prior to November 1, 2023.
6. User is only considered as a New Maya user within the same month of their creation of their account.
   
   Example: User creates & registers their Maya account on November 1, 2023. They are only considered as a NEW Maya User until November 30, 2023. They will be considered as an existing user beyond November 30, 2023.

New Maya Users

3. Qualified New Maya users who are Maya Savings accountholders can enjoy a base interest rate of 3.5% p.a. on balances up to P5M, and increase their interest rate further based on the requirement per tier below:

*Anything beyond Php100,000 earns 3.5% interest p.a.

*Any balance in excess of Php 5,000,000.00 will not get any interest

If a Maya Savings accountholder who just opened a Savings account did not complete any of the transactions above on the Maya Wallet, he/she will still be enjoying a 3.5% interest rate p.a. on his/her Maya Savings account.

Existing Maya Users

4. Qualified Existing Maya users who are Maya Savings accountholders can enjoy a base interest rate of 3.5% p.a. on balances up to P5M, and increase their interest rate further based on the requirement per tier below:

*Anything beyond Php100,000 earns 3.5% interest p.a.

*Any balance in excess of Php 5,000,000.00 will not get any interest

If a Maya Savings accountholder who just opened a Savings account did not complete any of the transactions above on the Maya Wallet, he/she will still be enjoying a 3.5% interest rate p.a. on his/her Maya Savings account.


Please See Sample Scenario Below:

5. In case of (including but not limited to) user-triggered mobile number change, the total amount of qualified accumulated transactions will be reset to zero (Php 0) and the user has to transact at least Php 250 to Php35,250 with fund source Maya Wallet, and Php 3,000 with fund source from Maya Credit, worth of qualified transactions again to qualify for the promo.
6. Maya Credit transactions made via QR or at the Maya Shop are the only qualified transactions considered for the +1% Php 3,000 spend via Maya Credit.
7. Accountholder will see on the Savings dashboard their qualification duration for bonus interest rate they are qualified for Maya Savings on the same day of their successful transaction.
8. An accountholder who qualified within a certain month, will get their bonus interest rate until the last day of the same qualifying month as illustrated below:

9. Accountholder will be able to see their qualification duration for the bonus interest rate on the Savings dashboard or on the Missions screen
   
   Note: Make sure your app is updated to the latest version so you can track your boosted interest. You can check your Missions anytime to see your progress. For some users, you won't immediately see your Savings interest screen but your bonus interest will still be credited to your account every day after making a qualified transaction. 
10. Your base interest rate and bonus interest rate will be reflected on your transaction history the next day as follows:

Note: Users who have an active boost until last day of the month, will receive their final boosted interest on the first day of the following month.

11. For an updated table of our interest rates, check our Maya Savings Terms and Conditions
12. Bills pay transactions made to the following billers are excluded from the promo:
    1. “Donation” category billers
    2. “Payment Solutions” category billers
    3. COL Financial
    4. Oriental Assurance Inc
    5. Maya Bank / PayMaya Lending Corporation / Maya PayLater
    6. Purchase Plus Installment Credit
    7. Davao Light and Power Corporation
    8. Subic Enerzone Corporation
    9. Visayan Electric Company (VECO)
    10. Holy Cross Coop
    11. 1Sari Financing Corporation
    12. AFMPBAI
    13. DMCI Homes
    14. EVY Developers
    15. Jose Rizal University
13. QR transactions made at the following merchants are excluded from the promo:
    1. Maya Business App (formerly called PayMaya Negosyo) merchants
    2. “Donation” category merchants
    3. “Gambling” category merchants
14. Maya users with merchant accounts and those under Maya Negosyo and Maya Business Manager (formerly PayMaya Business Manager or PBM) are disqualified from participating in this promo.
15. Maya payments (Maya number, Maya QR or Maya card) made to Maya Negosyo and Maya Business Manager merchants or sub-merchants are not qualified for the promo.
16. Maya card (Visa or Mastercard) payments made to the following merchant categories will be excluded from the promo:
    1. Financial institutions – 6051
    2. Schools – 8220
    3. Gambling – 7995
    4. Donations/Foundations - 8651, 8661, 8669, 8398
    5. Billers – 4900
17. Payments made to or purchases of cash equivalent instruments, financial institutions, financial assets, insurances, ATM withdrawals, gambling/gaming chips, and other quasi cash transactions are also not qualified for the promo.
18. Maya payments (Maya number, Maya QR or Maya card) or transactions made to merchants within the crypto space are not qualified for the promo. (e.g PDAX cash-in, other VASPs to be enabled where Maya payments are accepted, etc.)
19. Promo participants must agree to be interviewed and featured in announcements to be made by Maya regarding the promo in any of the following channels: website, social media, print and online media.
20. Videos and photos of participants may be used only for promotional ads related to this campaign.
21. Only Consumer accounts are qualified for this promo. Maya users with Maya merchant accounts and Maya Center agents are disqualified from participating in this promo.
22. Maya users with duplicate accounts or who are blacklisted cannot participate in this promo. Maya reserves the right to cancel or withdraw the prize or benefit if proven to be a duplicate account or participant is blacklisted.
23. In case of disputes regarding accountholder's eligibility for the promo, coverage of dates, fulfillment, Maya's decision shall prevail, in concurrence with DTI.

Annex B: Smart Power Savings 1% Boost

1. The promo is open to eligible Smart Postpaid users who are new or existing Maya users with upgraded accounts, who will receive an SMS or email from Smart with a unique code and instructions on how to activate up to 14% interesta. on their Maya Savings
   1. SMS sample:
      Hi <Name>! Get up to a boosted 11% interest p.a. on Maya Savings exclusive to Smart Postpaid subscribers! Plus get up to P60 welcome reward for first time users, a FREE Maya card, and more! Just complete these steps after downloading the Maya App via <onelink>: 
      
      Step 1: Join Maya and upgrade your account 
      Step 2: Open a Maya Savings account, go to Missions and use your unique code <XXXXXXXXX> under “Smart Postpaid Exclusive” mission  
      Step 3: Pay min. of Php 999 for your Smart Postpaid bill or any other bill 
      
      Open to existing and new Maya users using a Smart Postpaid account.
      T&Cs apply. For more info, visit: smrt.ph/postpaidmaya. DTI#XXXXXX
2. Smart Postpaid users with upgraded Maya accounts must accomplish the following tasks below to qualify for the exclusive promo offers:
   1. Step 1: Input unique code received from SMART via SMS
   2. Step 2: Upgrade your Maya account
   3. Step 3: Pay min. of Php 999 for your Smart Postpaid bill or any other qualified bill
   4. Click here for the steps to upgrade your Maya account. 
3. Once the above transactions are completed, the Smart Postpaid user will be able to enjoy the following offers:
   1. Get up to 14% interest per annum on your first Php100,000 on Maya Savings. 
4. Maya Savings is offered to upgraded Maya Customers. Click here for the steps to upgrade your Maya account. 
5. Click here for the steps on how to open a Maya Savings account.