How To Create EzySave Savings by Maybank in GCash

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As the country’s leading digital wallet, GCash collaborates with different banks to provide convenient and seamless financial transactions online. Recently, GCash partnered with Maybank to improve its products under the GSave service.

Aside from the #MySaveUp by BPI, Unoready Savings by UNO, and GSave by CIMB, GCash now offers the EzySave+ by Maybank. So if you want to level up your banking experience, keep reading as we share how to create EzySave+ by Maybank savings account in GCash.

What is EzySave+ by Maybank?

EzySave+ by Maybank is another digital savings account accessible on the GCash App. This GSave service is another option for GCash users who want to open multiple savings accounts, which works like the GSave by CIMB.

By opening an EzySave+ by Maybank savings account, you can also enjoy the following perks:

  • No initial deposit required
  • Minimum Monthly Average Daily Balance (ADB) – None
  • Maximum Deposit Amount – None 
  • Required Daily Balance for Interest – with at least Php0.01
  • Interest Rate per Annum – 0.35%
  • Required Activity (use by limit) – None
  • Free withdrawal from over 22,000 BancNet ATMs in the Philippines
  • Free Maybank Visa Debit Card on the first deposit of Php1,000 (available upon request)
  • Free Save n’ Protect Life Insurance – Php1,000,000-worth coverage (Average Daily Balance of Php50,000)
  • Withdraw from ATMs worldwide with Visa Logo
  • Pay services and goods using Maybank Visa Debit Card
  • Get a 5% Bonus Cash Credit on Average Daily Balance – capped at Php3,000 (first 90 days of opening the savings account)

Requirements

To create an EzySave+ by Maybank savings account in GCash, you should meet the following requirements:

  • Should be at least 18 years old or above
  • A Filipino citizen
  • A Fully verified GCash user
  • Should submit a photo of three (3) specimen signatures signed on a piece of paper thru the GCash app
  • Should not have an existing EzySave+ Maybank savings account
  • Should have at least one (1) of the following government IDs:
  • Passport
  • Driver’s License
  • SSS ID
  • Unified Multipurpose ID (UMID)
  • Postal ID
  • PRC ID
  • HDMF (Pag-ibig) ID
  • National ID/Philsys ID
  • Voter’s ID

How to create EzySave+ by Maybank Savings Account in GCash

Before opening an EzySave+ Maybank savings account, ensure your GCash account is fully verified to enjoy the maximum perks of this service. Then, follow the steps below on how to create an EzySave+ by Maybank savings account in GCash:

  1. Launch the GCash app.
  2. Log in to your account by entering your 4-digit MPIN.
  3. Tap GSave on the homepage.
  4. Under the Partner Banks, select EzySave+ by Maybank.
  5. Read the Terms and Conditions and Privacy Policy. Then, click the I agree button.
  6. Read the perks and click Open An EzySave+ Account.
  7. To complete your EzySave+ Application, sign three (3) times on a white paper.
  8. Next, click the section: Tap to capture your signatures.
  9. Take a photo of your signatures. If clear, click Use Photo. If not, click Try Again. Then, click the Next button.
  10. On the following page, fill out the required fields.
  11. Review the details you have provided and click the Submit button.
  12. Read and agree to Maybank’s Terms and Conditions and attestation.
  13. Click the Continue button to generate a Transaction Authorization Code (TAC).
  14. Enter the TAC you received and click the Confirm button.
  15. A confirmation will appear saying, “You have successfully opened an EzySave+ account,” and click the Okay button.