15/08/2023
TOP 10 DIGITAL BANKS BASED ON PROMO RATES AND BASIC INTEREST RATES
Digital Banks have gained popularity recently as an alternative to traditional banks. Other than convenience, because you can do multiple transactions from the comfort or your own homes via mobile app or website, digital banks offers higher interest rates since it has lower overhead costs. This means your money can grow faster and you can reach your financial goals sooner.
Important considerations for saving in digital banks
✅ Research: Do your due diligence and research different options. Compare and contrast. This will help you make an informed decision and select the bank that best suits your needs.
✅ Security: Security is important. Choose the one with strong security measures such as encryption, OTP, and two factor authentication.
✅ PDIC Insured: Confirm if the digital bank is PDIC (Philippine Deposit Insurance Corporation) Insured. This protects your deposits up to a certain amount in case bank fails.
*Head on to investagrams.com for more details.
HAPPY SAVING!!
