What is a #UNOready@GCash by UNOBank time deposit?
Your #UNOready@GCash by UNOBank time deposit account lets you earn higher interest rates than your regular savings account. The interest rates with #UNOready@GCash by UNOBank time deposits depend on your product and chosen term. You can refer to the table below for more details:
Interest Rates Computation
| Product |
Gross Interest Rate per Annum (Paid out at the end of your term) |
Term Option | Minimum Amount |
Maximum Amount |
No. of Time Deposits Allowed |
|
#UNOboost@GCash |
4.50% | 3 - 5 months |
PHP 5,000 |
PHP 100,000 |
5 |
| 4.75% | 6 - 11 months | ||||
| 5.00% | 12 months | ||||
|
#UNOearn@GCash |
5.00% | 12 months |
PHP 5,000 |
PHP 100,000 |
5 |
| 5.25% | 24 months |
Interest earned from your time deposit accounts is subject to a 20% withholding tax.
How to book a time deposit
You can book a time deposit by following these steps:
- On your #UNOready@GCash by UNOBank dashboard, tap Add Time Deposit
- Select the type of time deposit > Apply Now
- Read about the details of the product > Apply Now
- Input the amount you’ll deposit and select the tenure of your time deposit > Next
- Review the details of your time deposit > Confirm
A page will appear to confirm the success of your time deposit. Funds will be deducted from your #UNOready@GCash by UNOBank account in real time.
Need more Help?
For other inquiries or concerns, check out the following articles: