OwnBank Interest Rate Adjustment Notice
Effective February 10, 2025, 12:00 PM, OwnBank will update the interest rates for deposit products. Please see the details below:
Updated Interest Rates:
Product | New Rate |
---|---|
Own It | 5% |
Own Wish | 5.55% |
TD-15 Days | 5.3% |
TD-30 Days | 5.5% |
TD-90 Days | 5.8% |
TD-180 Days | 6.0% |
TD-360 Days | 6.5% |
1. Time Deposit & Own Wish: Changes apply only to new users and deposits. Existing Time Deposit customers will not be affected unless their current deposits mature, and they choose to reinvest or avail of the new rates.
2. Own It: For existing users, the interest rate adjustment will be applied prospectively upon implementation.
In the meantime, everyone can continue to enjoy these features:
Thank you for your continued trust in OwnBank.