Saturday, 17 May 2025

Rewards Updates : Nerfed: Mari Savings Account Drops Rate to 1.88% From 16th June 2025


Source : 



Apple Intelligence : 


Interest Rate Reduction: Mari Savings Account interest rate will drop from 2.28% p.a. to 1.88% p.a. from 16th June 2025.


Promotion: Earn up to 3.68% p.a. when signing up with promo code 5HCT18VM from 1st April to 31st May 2025.


Competitor Rates: Other digital banks like GXS Bank and Trust Bank have also reduced their interest rates.


Investment Option: Short-term investment grade bond funds.


Reason for Consideration: Bank interest rates falling, potentially attracting yield-hungry investors.


Risk Level: Higher than normal savings accounts, but lower than long-term investments.

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