In just two years since its launch, GoTyme Bank reaches an unprecedented 5 million-user milestone, proving that simple, beautiful banking continues to resonate with Filipinos. The achievement further underscores how the bank’s mission— to unlock its customers’ financial potential through innovative and accessible products and services—is one that fills a huge gap in the local banking landscape.
To celebrate this 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. This rate comes with no limits, no conditions, and no missions—just straightforward savings.
Why Filipinos Are Making the Switch
GoTyme Bank redefines 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 Sees Further Growth in 2025
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.” says 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” says Albert Tinio, Co-CEO of GoTyme Bank.
GoTyme Bank has solidified its place as the fastest-growing bank in the Philippines, earning recognition for excellence in customer experience across both digital and traditional banking. As it ventures into its third year, it remains committed to building meaningful relationships with its users and transforming the country’s financial landscape, one beautifully effortless transaction at a time.
