🎁 Exclusive for Dr Wealth Readers! Use Promo Code ‘DRWLTH10‘ for a FREE $10 Shopee Voucher (no min spend)! Plus, get 50% cashback (up to 600 Shopee coins) using Mari Savings on Shopee. 🛍️ Don’t miss out for 12.12 – sign up now! ✨
I know, I’m late to the game.
I only discovered MariBank recently, during the 11.11 Shopee sales which led me to explore the potential benefits of opening an account.
While hunting for sweeter deals on top of the 11.11 deals in my cart, I found out that by using MariBank to pay, you could get another $10 discount for every $80 spent, translating to a 12.5% discount.
Intrigued, I delved into the prospect of opening a MariBank account. After thorough research, here are four reasons why I bit the bullet:
1) Ongoing Daily Shopee Voucher
Maribank is a digital bank by SEA. It’s no wonder that it has an ongoing Shopee promotion offering daily vouchers. These include a 50% cashback (no min spend capped at 600 coins) for new Maribank Users if you pay with a Mari Savings Account.
In the upcoming 12.12 sales event, they are also extending a 30% cashback with a minimum spend of $20 (capped at 2000 Shopee coins) and a $25 discount on purchases totaling $200 from December 12 to 14. Ensure you take advantage of these promotions and optimize the use of the vouchers!
Alternatively, you can register for the Mari Savings Account using the promo code: DRWLTH10, which entitles you to receive a $10 Shopee voucher with no minimum spending requirement.
Some important notes:
- Promo ends 31 Dec 2023.
- Users need to link their MariBank account to their Shopee account so that they are able to credit the $10 Shopee vouchers.
- Incorrect input of code will not qualify for the reward.
- Voucher will be credited within 3 working days of successful application
- Refer to ‘Mari Savings Account Promo Code Sign Up Terms and Conditions’ for the T&Cs
Here’s a tutorial on how to link your MariBank Account to your Shopee account:
Keep in mind that these promotions are always changing, so check before you decide if Maribank is for you!
2) Seamless payment on Shopee
While it may require some time to open a savings account and link it to Shopee, the subsequent payment experience with Maribank is remarkably smooth.
For those familiar with being a buying customer on Shopee, you are aware of the various payment options available, and I can confidently say that the experience remains consistent.
Consequently, there is little room for complaints.
3) Deposit and Earn 2.88% p.a.
If you’ve been using Shopee Pay for the perks previously, you’d probably have some spare cash in your wallet idling. With Maribank, you now get to earn a sweet 2.88% per annum on your cash.
Maribank’s offer of 2.88% p.a without requiring a minimum deposit, salary crediting, or minimum spending is also enticing for folks looking to maximise their savings.
It is common for banks to set certain criteria for individuals to qualify for a high-interest rate, such as crediting your salary, meeting a monthly minimum spending requirement, or purchasing insurance from the bank.
However, these criteria can pose a challenge for those who are self-employed or those who are unable to fulfill the monthly minimum spending or those who do not have the minimum amount to achieve the higher interest.
That said, you should keep in mind that the 2.88% p.a. interest will be extended to 31 Mar 2024.
4) Maribank credits interest everyday
Who wouldn’t appreciate seeing extra money deposited into their account?
The interest earnings are credited daily, calculated according to your previous day’s balance. This can be considered a feel-good factor, as every time you log into the app, you encounter numerous positive transactions.
Although the impact would be the same if the interest were credited at the end of the month.
In conclusion, Maribank stands out as a valuable alternative for users seeking flexibility, daily interest updates, and seamless payment experiences on platforms like Shopee.
Although 11.11 is over, the Black Friday and Christmas seasons are coming around. And let’s face it, we are officially in the the season of giving buying. Maribank’s campaign to get new users seems to be on-going, you may want to consider getting an account for additional discounts this season.
For those concerned about legitimacy, Singapore dollar deposits are insured up to S$75,000 by the Singapore Deposit Insurance Corporation.
While enjoying these advantages, it is essential to exercise prudent spending and effective money management, especially given the potential for overspending on non-essential items linked to Shopee.
Note: This article is not sponsored, and any additional vouchers are always welcome!