MariBank is a digital bank in Singapore, established by Sea Limited—the parent company of Shopee—to provide innovative financial services to both individual consumers and small to medium-sized enterprises (SMEs).
Launched in the third quarter of 2022, MariBank aims to leverage its affiliation with Shopee to offer seamless and rewarding banking experiences.
Who is behind MariBank?
MariBank is a wholly-owned subsidiary of Sea Limited, a global consumer internet company that also owns Shopee. It operates under a digital full bank license granted by the Monetary Authority of Singapore (MAS), ensuring compliance with Singapore’s stringent regulatory standards.
What are the benefits of MariBank?
Mari Savings Account: Offers an interest rate of 2.50% per annum on deposits, with no minimum deposit, salary crediting, or spending requirements. Interest is credited daily, providing flexibility and immediate benefits.
Integration with Shopee: By linking your Mari Savings Account to your Shopee and ShopeePay accounts, you can enjoy seamless checkouts and the ability to top up your ShopeePay wallet directly from your MariBank account.
If you’re a regular Shopee shopper, you’ll love the ease of paying directly from your MariBank account. You can even top up your ShopeeWallet and use it for payments.
MariBank also makes money transfers simple with PayNow. Send and receive funds between your bank accounts, or to friends, effortlessly. Plus, you can pay merchants using PayNow QR for added convenience.
Mari Invest: Provides access to investment products, such as the Lion-MariBank SavePlus fund, aiming to offer higher projected returns compared to traditional savings options. Investments can start from as little as S$1, with flexible withdrawal options.
Common Asked Question: How to Withdraw Money from MariBank
MariBank offers several convenient methods for withdrawing funds:
PayNow Transfers: You can instantly transfer funds to other local bank accounts using PayNow via the MariBank mobile app.
ShopeePay Integration: By linking your MariBank account to ShopeePay, you can seamlessly transfer funds between the two platforms, facilitating easy withdrawals and payments.
Please note that as a digital bank, MariBank does not provide physical branches or ATMs. All transactions, including withdrawals, are conducted digitally through the mobile app.
Why You Should Join MariBank
Competitive Interest Rates: With a 2.50% p.a. interest rate on savings, MariBank offers an attractive return without the need for fulfilling additional criteria like salary crediting or minimum spending.
Seamless Shopee Integration: Linking your MariBank account with Shopee enhances your shopping experience, allowing for smooth transactions and the convenience of topping up your ShopeePay wallet directly.
Exclusive Promotions: MariBank has offered attractive promotions, such as up to 30% cashback vouchers during shopping seasons when paying with a Mari Savings Account.
Accessible Investment Opportunities: Mari Invest allows you to explore investment products with low entry barriers, offering the potential for higher returns while maintaining flexibility.
Focus on SMEs: MariBank extends its services to small and medium-sized enterprises, offering business accounts and loans tailored to the needs of these businesses, thereby supporting their growth and financial management.
Ready to Join MariBank?
2.50% p.a. on savings – No minimum required!
Easy Shopee Pay – Top-up & pay with MariBank.
PayNow Transfers – Send & receive money effortlessly.
Exclusive Deals – Enjoy special promos!
MAS Approved – Safe & secure.
Ready to upgrade your savings? Use referral code 7TOA42BI and join MariBank today!
By joining MariBank, you can enjoy a blend of competitive savings rates, seamless integration with Shopee, exclusive promotional offers, accessible investment options, and dedicated support for SMEs, all within a secure and user-friendly digital banking environment.
Looking for more Cheap & Good Deals? Join @sgsave on Telegram now!
(Credits: MariBank)
