Making saving easier, rewarding, and aligned with the Filipino consumers’ financial aspirations. Monj Del Rosario, Metrobank’s Consumer Business Head, reinforces the bank’s commitment to enabling Filipinos to unlock their life goals with offers that address their needs.
Let’s face it, with your daily bills stacking up, your concerns about unforeseen emergency expenses, and the general need for the proper savings habit, saving money can frequently feel overwhelming.
And you’re not the only one. According to data from the Bangko Sentral ng Pilipinas (BSP), family spending is increasing while saving rates are down. From 29% in the third quarter of 2024 to 25.6% in the final quarter, the percentage of households with savings decreased. In the meantime, household expenditure has been rising for the upcoming quarter, especially when it comes to costs for dining out, clothes, and food. Life throws you curveballs, your costs go up, and all of a sudden your savings objectives seem farther away than ever. This is a frequent struggle.
At a recent event, Metrobank talked about the difficulties that can arise when saving money and how you can have a chance to change this by making saving a conscious habit and utilizing valuable deals like its newly announced Triple Bonus promotion. As we often find ourselves easily swayed into purchasing various things, I must admit that I am guilty of this. That’s why I truly appreciate the valuable insights Metrobank provides on effectively managing finances. They not only share essential data on saving rates and financial trends but also equip us with deeper knowledge about financial management and exclusive offers.
According to the bank, one simple but effective way to start saving money intentionally is through goal-based saving which entails having separate accounts for specific financial goals – a modern take on the classic envelope method. By having dedicated savings accounts for your goals, you create a clear boundary between what’s meant for spending on your essentials and what’s meant for saving for your dreams.
Say no to #FOMO and yes to #SWOMO. Cris Concepcion, Institutional Brand Marketing Head, introduces the concept of “saving without missing out” (SWOMO) – reiterating that saving money shouldn’t feel like a sacrifice. Filipino savers should be able to set aside funds for their dreams, big and small, on top of working towards financial security.
The bank also highlighted that saving shouldn’t feel like a sacrifice. While it’s important to save money to prepare for emergencies or retirement, Metrobank encourages savers like you to Save Without Missing Out or to #SWOMO. This entails setting aside money to fund your dreams, whether that’s a solo backpacking trip to Japan, a dream destination wedding, or buying a comfortable home. This helps strike a balance between striving to be financially secure and living the life you’ve aways dreamed of.
Reach your life goals with Metrobank. Ina Pilares, Head of Retail Deposits and Payments, discusses how Metrobank’s Triple Bonus Promo, which runs from today until April 30, 2025, provides meaningful offers that help empower Filipinos to reach their savings goals.
Saving for these goals is made even more rewarding with Metrobank’s Triple Bonus Promo, that offers meaningful perks to help you reach your financial goals. After all, building your savings is the best gift you can give to your future self. When you open your first Metrobank savings or checking account from now until April 30, 2025, you get a triple bonus that will help set you up on your savings journey:
- PHP 1,500 Cash Gift: Consider this a head start, a boost to your savings, or a well-deserved reward for taking that first step in building your goals fund. Enjoy a cash gift equivalent to a 3% return on your savings, when you deposit and maintain PHP 50,000 in your account, for 6 consecutive months.
- Rebates on InstaPay Fees for a year: Make your everyday transactions lighter on your wallet with up to 10 waived InstaPay fees per month, for 12 months. Just maintain at least PHP50,000 in your account monthly for a year to enjoy this exclusive benefit. This will definitely put more money back into your pocket – because every peso counts, especially for your everyday expenses.
- AXA Personal Accident Insurance: Life happens, and unexpected expenses can derail your plans and deplete your savings. With this insurance coverage, you can focus on your goals, knowing that you have a safety net for unexpected events in your life. Keep at least PHP50,000 in your account every month for a year to enjoy this added protection.
Save for the future you dream of. Influencers and friends from the media pose with their creative vision-to-action boards– as they commit to saving more intentionally for their life goals with the help of Metrobank.
With these rewards, Metrobank aims to encourage more people to be able to save money, and ultimately, start building the financial habits that will allow you to reach your life goals. To enjoy these offers, head to your nearest Metrobank branch and open your first Metrobank account.
As you save for your life goals in 2025, give yourself a threefold bonus.
Money-festing Friends from the media excitedly create colorful vision boards for their life goals, with Metrobank’s Triple Bonus promo being the enabler of their dreams.
Visit the Metrobank location that is closest to you or visit https://metrobank.com.ph to find out more.
