MariBank Time Deposit: 3.75% for 1 or 3 Months with a ₱100 Minimum
A quick guide to MariBank's time deposit product, how interest is paid upfront, and when auto-renewal makes sense.
Updated 1 min read
MariBank’s savings account is the headline product, but it also offers a time deposit for users who want to lock in a rate for a short period.
The Basics
You can open a time deposit with as little as ₱100. The term options are 1 month or 3 months, and the annual rate is 3.75% [citation:2]. Interest is credited immediately upon successful placement of the deposit, not at maturity [citation:2]. This is different from many traditional time deposits that pay at the end of the term.
Auto-Renewal
You can opt for automatic renewal, so when the term ends, the principal (and potentially the interest, depending on your instructions) rolls into a new term of the same length [citation:2]. This is convenient if you want to keep the money parked without manually reopening each cycle.
Time Deposit vs Savings
The savings account pays 3.25% on balances up to ₱1M and is fully liquid [citation:1]. The time deposit pays 3.75% but locks your money for the term. The trade-off is liquidity for a modest rate premium. For money you will not touch for a month or three, the time deposit is straightforward.