The country’s first multi-lingual financial inclusion mobile app in Taglish and Cebuana, Diskartech (from Rizal Commercial Banking Corporation [RCBC]), launches a 6.5% annual savings interest rate to further onboard more Filipinos into the formal banking system this holiday season.
Users of the internationally-recognized RCBC DiskarTech app will enjoy higher savings interest at 6.5% from 3.25% starting 01 December 2022 until 28 February 2023.
“Christmas season and the New Year are special moments of conclusions and new beginnings. Our most competitive offer to the market is our recognition of Filipino excellence and resilience amidst various crises, and our appreciation for the millions who now have access to financial services,” according to Lito Villanueva, Executive Vice-President and Chief Innovation and Inclusion Officer at RCBC.
“RCBC DiskarTech’s series of accolades including being named as the Phiippines’ Best Bank for Digital by Asiamoney for three consecutive years, as well as the back-to-back wins as the Best Financial Inclusion App by The Asian Banker are just reflections of RCBC’s innovations with empathy thrust in further promoting inclusive digital finance in collaboration with the Bangko Sentral ng Pilipinas,” Villanueva added.
The higher interest savings rate is an opportunity for Filipinos, especially the youth who are receiving their holiday ‘aguinaldos’ or cash gifts from family, and employees getting their Christmas bonuses and 13th-month pay. These Christmas savings can be further multiplied through the 6.5% interest rate which is considered one of the highest in the Philippine market.
Aside from the higher interest savings rate, users of the application will enjoy elevated access to affordable micro loans, micro insurance, teleconsultation services, cash deposit and withdrawals, and e-loading services. For those who are doing their Christmas shopping, users can also enjoy up to 12% cashback when buying from global brands like Adidas, H&M, Uniqlo, Zalora, Bench, and Aldo, among many others.
The market’s most attractive offer is on top of RCBC DiskarTech’s latest rewards mechanism for sari-sari store owners and micro and small enterprises who join the bank’s digital financial inclusion campaign. Users can earn as high as PHP30,000 through RCBC DiskarTech’s NegosyanTech referral program.
Challenger bank RCBC has continued to be a leading player in the financial services industry through its pioneering digital solutions that ease and uplift the lives of Filipinos. Even before the year ends, the award-winning bank surpassed its feat last year with a posted net income of PHP10.1 billion for the first nine months of 2022, an 88% increase from the same period in 2021.