Maribank (formerly Seabank) Review: Earn Cashback, Interest & Free Transfers in One App

💸 What is Maribank (formerly Seabank)?

Maribank, previously known as Seabank, is a fast-growing online bank in the Philippines backed by Sea Limited (the same company behind Shopee and Garena). It’s now rebranded under the Maribank name, but it continues to offer the same perks and reliability that Seabank users loved — plus a few exciting upgrades.

You can easily open an account using just one valid ID, no initial deposit required, and everything is done online.

Download here and get a reward:

Download the Seabank app (soon updated to Maribank).
Use my referral code: LM668963
Deposit ₱1,000
Keep it for 3 days
Receive ₱150 reward — easy passive income!

Sign up on Seabank / Maribank via this link.

Earn Daily Interest — 3.5% to 4%

Maribank offers one of the highest interest rates among Philippine banks:

3.5% per annum for deposits ₱0–₱1,000,000
4% per annum for balances above ₱1,000,000

The best part? The interest is credited daily, so you’ll literally see your money grow every day without needing to lock it in a time deposit.

Cashback and Bill Payments

Maribank gives cashback rewards up to P50, not just on shopping but even when paying bills and utilities through the app. That’s a rare bonus — you’re basically earning while paying your usual monthly expenses.

Free Transfers = Huge Savings

You get 15 free transfers per week (to any bank or e-wallet like GCash or Maya). These reset every Monday.

If you often send money to family or friends, this already saves you ₱150–₱225 a week since other banks charge ₱10–₱15 per transfer.

How to Deposit for Free

You can deposit to your Maribank account via:

ShopeePay (instant and free)
GCash or Maya (via InstaPay)
Linked bank accounts

All these are free of charge, so you don’t lose a single peso while topping up.

🌏 Perfect for Travelers — 0% Foreign Transaction Fees

If you’re traveling abroad, you’ll love that Maribank offers 0% foreign transaction fees and free international ATM withdrawals (for now).

That means no surprise deductions when you shop or withdraw money overseas.

💳 About the Maribank Card

You can order a physical card for ₱99, which can be used locally and internationally.

💡 Tip: Use your card five (5) times within 30 days of activation, and you’ll get a ₱99 refund — making the card essentially free.

If your card ever gets lost or stolen, you can freeze or temporarily deactivate it directly from the app for security.

Maribank Credit (for Short-Term Loans)

Need extra cash? Maribank now offers Maribank Credit at 2.5% interest per month — much lower than most lending apps.

To qualify, you’ll need to:

Maintain a good Maribank account history
Submit valid IDs
Provide proof of income (for higher credit limits)

Bonus Features

Discounts when buying SIM load inside the app
Simple interface, fast transactions, and reliable customer service
Perfect for both savers and travelers

Pros and Cons

✅ Pros:

3.5%–4% interest rates (daily crediting)
15 free transfers per week
Cashback on bills and purchases
0% foreign transaction fees
Easy to open, secure, and user-friendly

⚠️ Cons:

₱99 card fee (refundable if used 5x in 30 days)
Limited cash-in options compared to bigger banks
No physical branches

🧠 Final Thoughts

Maribank (formerly Seabank) continues to be one of the best choices for smart savers in 2025 — offering high interest, free transfers, cashback, and travel-friendly perks all in one app.

If you want to earn passive income, save on transfer fees, and enjoy digital convenience, it’s worth giving this bank a try.

👉 Use referral code: LM668963 when signing up and get your ₱150 reward after depositing ₱1,000 for 3 days!