If you’re thinking about opening a savings account with MariBank Philippines, one of the first things you probably want to know is how much interest you can earn on your money, and what other perks you’ll get by banking with them.
Here’s a breakdown of the key savings information based on the details posted on their official site.
What’s the Savings Interest Rate at MariBank?
MariBank offers a high-interest savings account with interest that’s credited daily, meaning the interest you earn is calculated every day based on your balance.
MariBank Savings Interest Calculator
Estimate how much interest your savings can earn
- Rates used: 3.25% p.a. up to ₱1,000,000 and 3.75% p.a. for excess balances.
- Interest is credited daily; figures shown are estimates.
- Monthly interest is estimated based on 30 days.
- Amounts shown are net after the 20% withholding tax is deducted.
Interest Rates (as of early 2026)
- Up to ₱1,000,000 balance: 3.25% per year
- Above ₱1,000,000: 3.75% p.a. on the portion above ₱1,000,000
How this works:
If you have ₱800,000, you’ll earn interest at 3.25% p.a. If you have ₱1,200,000, the first ₱1,000,000 earns 3.25%, and the extra ₱200,000 earns 3.75%.
Interest is credited to your account every night, so your savings can grow faster thanks to daily compounding.
Why Open a Maribank Savings Account?
No minimum balance & no hidden fees
One of the biggest benefits of MariBank’s savings account is that there’s no maintaining balance requirement. You earn interest whether you have ₱100 or ₱1,000,000.
Opening an account is free, and there are no hidden charges for staying below a balance.
This makes it friendly for first-time savers or people who want to grow their savings without worrying about fees eating into their returns.
Daily interest crediting
Interest isn’t just calculated yearly, it’s credited every midnight. That means your interest starts earning interest sooner. Plus, you get to see the daily interest added every day, which is a good motivation to keep your money instead of spending them.
Free or low-cost transfers
You get up to 15 free transfers per week to other banks and e-wallets. After that, a small fee applies.
Debit card perks
You can use your MariBank debit card for free local payments. On top of that, you get to earn 1%-2% cashback if you use your card for eligible payments.
Security and insurance
Deposits in MariBank are insured by the Philippine Deposit Insurance Corporation (PDIC) up to ₱1 million per depositor, which means your money is protected up to that amount.
How to Think About Your Returns
Interest rates like 3.25%–3.75% p.a. are much higher than what traditional brick-and-mortar banks usually offer, and you don’t need to keep a minimum balance to earn it. This makes MariBank’s savings account attractive for regular savers and people looking to make their cash work harder.
However, remember:
- Withholding tax may apply to interest earnings.
- Interest rates can change over time as banks adjust their offers.
How Interest Works (Simple Example)
To give you a basic idea:
If you keep ₱1,000,000 in your savings account for a year at 3.25% p.a., you’ll earn around ₱32,500 in interest before taxes. With daily crediting, you technically earn a tiny bit extra compared to simple yearly calculation.
Compounding Interest
Let’s look at an example where ₱1,000,000 is deposited into an account earning an interest of 3.25% p.a.
The table below shows how much the balance would be in one to 5 years if the interest is credited annually, monthly, and daily.
| Year | Annual Compounding | Monthly Compounding | Daily Compounding |
|---|---|---|---|
| 1 | ₱1,032,500.00 | ₱1,032,988.51 | ₱1,033,032.40 |
| 2 | ₱1,066,056.25 | ₱1,067,065.27 | ₱1,067,155.94 |
| 3 | ₱1,100,703.08 | ₱1,102,266.16 | ₱1,102,406.66 |
| 4 | ₱1,136,475.93 | ₱1,138,628.28 | ₱1,138,821.79 |
| 5 | ₱1,173,411.40 | ₱1,176,189.93 | ₱1,176,439.81 |
Daily compounding always earns the most, but the difference is relatively small at low rates.
After 5 years, daily compounding earns about ₱3,028 more than annual compounding and ₱250 more than monthly compounding.
The advantage of daily compounding becomes more meaningful with higher balances, higher rates, or longer timeframes.
Key Takeaway
MariBank’s savings account is a strong choice if you want a high-interest, low-hassle place for your money.
It offers competitive interest rates of up to 3.75% with no minimum or maintaining balance requirements. It credits your earned interest daily, allowing you to earn more every day! Plus, it is PDIC insured for your peace of mind.
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