What is the interest rate in #UNOready@GCash by UNOBank?
The annual interest in #UNOready@GCash by UNOBank is 3.5% with no minimum deposit and no maintaining balance. To increase your interest rate to 4.00%, please maintain at least PHP 5,000 in your account.
You must have a maintaining balance of at least PHP 0.01 to earn interest. Interest earned will be credited daily to your account.
See below for the interest rates and sample computation:
| End-of-Day Balance | Interest Rate | |
| From | To | |
| PHP 0.01 | PHP 4,999.99 | 3.50% |
| PHP 5,000.00 | PHP 4,999,999.99 | 4.00% |
| PHP 5,000,000.00 | Above PHP 5M | 1.00% |
Gross Interest Earned = Principal Amount x Interest Rate x (1/ number of days in a year)
Sample computation:
- At the end of the day, you have PHP 5,000 in your #UNOready@GCash by UNOBank account
- Interest rate: 3.50%
- Interest earned for 1 day = PHP 5,000 x 3.50% x (1/365) = PHP 0.48
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