Photo source: GCash 

Fresh out of college or transitioning between jobs as a young professional? Welcome to the world of juggling bills, budgets, and big dreams – all with the constant, possibly self-inflicted, pressure to have it all. But as you stay motivated to reach your goals, you should not be the only one working hard to earn a living. Your money should also be working hard for you. There are many ways to get this done, but there is an easy "in" for growing your wealth: start with good savings. 

 Gone are the days of letting your money "sleep" because the finance app and cashless ecosystem, GCash, is introducing options for saving and growing your money through GSave—a savings marketplace where you may grow and secure your funds while earning interest of up to 6.5% per year without going to a physical bank.

 GSave allows you to open an account with no minimum deposit and no maintaining balance. It gives you the flexibility to choose and enjoy different banking experiences. If you are a fully verified GCash user, you may instantly open a deposit account without going through a re-KYC (Know Your Customer) process - meaning no long forms to fill out, long lines to wait in, and a long list of requirements to submit. 

 While many people want to start their journey towards better saving, GCash also understands that different people have different needs and want different ways to use their accounts. With GSave, users may choose from a variety of bank partners that are all regulated by the Bangko Sentral ng Pilipinas and are members of PDIC, insuring depositors of up to P500,000. 

 If you are ready to save better, here are the different GSave bank partners and what they offer to suit different lifestyles and saving requirements: 

"I want to earn high interest rates daily, with an option for a time deposit."

#UNOReady@GCash by UNO Digital Bank

If you are looking to open a savings account and want to reach your savings goal faster than usual, GSave's #UNOReady@GCash might be a good option for you. 

 #UNOReady@GCash is a partnership between UNO Digital Bank, one of the BSP-regulated digital banks and GCash. It allows users to earn tiered interest rates of up to 4.25% interest p.a., with daily interest crediting for a minimum balance of PHP 0.01. 

 If you want to earn more and save better, you may also opt for a Time Deposit account with as low as P5,000 in minimum deposit. UNOboost@GCash guarantees a 6.5% p.a. interest rate with a minimum lock-in period of 3 months and a payout during maturity, while #UNOearn@GCash guarantees a 6.5% p.a. interest rate and monthly payouts with a minimum tenure of 12 months.

"I want to get free life insurance and earn high interest rates."

GSave by CIMB

As yuppies living and working in the new normal, you are always on the go, which means you also have to be prepared physically, mentally, and financially. If you are on the hunt for a savings account that not only helps protect your future, but also helps reach your savings target GSave by CIMB might be the ideal choice for you.

When you open your GSave account through CIMB, you may sit back and watch your savings grow with interest starting at 2.6% p.a with no maintaining balance, minimum deposit, or minimum balance to earn.  

With CIMB, you not only save with competitive interest rates but also get free life insurance by maintaining P5,000 Average Daily Balance (ADB). Plus, there is no need to switch apps– you may save without incurring service fees. Additionally, CIMB offers a virtual debit card for online transactions. 

 "I want to save in a trusted bank with a wide branch & ATM network."

 #MySaveUp by BPI

Ready to grow your savings but prefer the comfort of a familiar name? Consider BPI, a top 4 universal and commercial bank group and partner of GSave. 

 #MySaveUp is the all-digital BPI savings account that you may exclusively open using GSave using just one valid ID without going to the bank. With a minimum balance of P5,000, you may earn up to 0.0925% interest p.a. 

 #MySaveUp lets you fund your account up to P30,000, with free fund transfers between your GCash wallet and #MySaveUp account, and management through GSave on your GCash app or through the BPI Mobile app. Additionally, as a wide branch & ATM network, #MySaveUp also offers a debit card option, which you may claim at any BPI branch.

"I want to be able to withdraw my savings for free."

EzySave+ by Maybank

Young professionals who are often on the move and juggling careers and social lives require a savings account that may match their lifestyle – accessible without the inconvenience of fees or restrictions. If this sounds like you, then Maybank may be the ideal fit. 

 EzySave+ is a digital savings account powered by Maybank and GCash, which allows fund transfers to and from your GCash wallet while enabling you to earn interest using just one valid ID. 

Wherever you are in the country, you may withdraw funds for free at any of the 22,000 BANCNET ATMs through a free Maybank Visa debit card, which you may get upon your initial P10,000 deposit. Moreover, your EzySave+ account includes free personal accident insurance coverage of up to P1M, contingent upon maintaining an ADB of at least P50,000. 

Photo source: GCash  To open a GSave account in these partner banks, you must be a Filipino Citizen, at least 18 years old, and a fully verified GCash user.

With the array of available options, embarking on your digital banking journey and saving endeavors is now accessible. With these tools, you may kickstart your saving journey. Say goodbye to financial complexities and hello to a future of saving with GSave.

Ready to grow your money? You may access GSave through the GCash dashboard or find it under "Grow." No GCash yet? Download the GCash App on the Apple App Store, Google Play Store, or Huawei App Gallery.