How to Earn Money from DiskarTech App – Updated 2021

If you’re looking for ways to save your money, earn high interest and at the same time, earn a little bit more by referring your friends and family and everyone else you know LOL!) then read on. I’ll be discussing how to earn money from DiskarTech App. But first, let’s get to know DiskarTech.

Note to Readers: Please be advised that the information written here is valid as of the time of writing but may have been updated by the time you see/read this post. Please refer to your DiskarTech website to get the updated details. If the links are not working by the time you see the article, please go to DiskarTech’s homepage.

What is DiskarTech?

DiskarTech is an app powered by RCBC. As we all know, RCBC is one of the most established banks in the Philippines. DiskarTech is also the first Taglish (Tagalog – English) app that lets you open a savings account, deposit and withdraws money through partner channels, buy mobile load, insurances, and more.

I already have savings accounts with CIMB and Komo by EastWest, however, I have decided to open more savings accounts with digital banks to help me save more money and earn more interest.

Since DiskarTech does not require any maintaining balance, then this is a risk-free decision for me.

Almost anyone can open an account with DiskarTech as long as you’re a Filipino Citizen and 18 years old and above. They have specifically mentioned that this is not available to US Residents or Citizens.

So, If you’re a Filipino holding US Citizenship as your second citizenship then I don’t think you’re qualified. But to be sure, contact DiskarTech to confirm this information.

What are the Features of DiskarTech?

Digital banks are new in the Philippines and I’m expecting that this list of features will just grow as months go by. But for now, here’s what you can do with DiskarTech App:

Save Money and Earn High Interest

Unlike regular banks with very low interest (usually less than 1%), DiskarTech lets you earn 3.25%. However, the maximum deposit is quite small compared to other banks.

According to their FAQ page, you can make a deposit of up to P48,000 and the interest will be credit until your balance reaches P50,000. So be sure to follow this threshold to maximize the earning potential of your money with DiskarTech.

If you’re worried about your money’s safety then worry not. DiskarTech is a Basic Deposit Account of RCBC which means your money is safely deposited at RCBC and it’s covered by PDIC insurance.

Pay Bills

Aside from saving money, you can also use DiskarTech to pay for your bills. As of now, there are 42 billers available and I’m expecting the list to grow more in the future. The billers available in the app are:

Airlines

• AirAsia

Cable

• Cablelink Las Pinas
• Cignal
• Royal Cablevision Corporation

Credit Card

• BPI
• Bankard Inc.
• Equicom Savings Bank
• Metrobank Card Corporation

Electricity

• Batangas II Electric Cooperative
• Benguet Electric Cooperative
• Davao Light and Power Corporation
• Ilocos Norte Electric Cooperative Inc.
• Iloilo II Electric Cooperative Inc.
•  Meralco
• Pampanga II Electric Cooperative
• Visayan Electric Company

Financial

• Aeon Credit Service Philippines Inc.
• Asialink
• Finaswide Credit Corporation
• Global Dominion Financing Inc.

Government

• Pag-IBIG Fund

Insurance

• Asianlife Financial
• Caritas Financial Plans
• Caritas Health Shield
• Coco Life
• Magnificat Ventures Corp.
• Manulife
• Manulife Chinabank Life Assurance Corp.
• Maxicare
• Prulife Insurance
• Sunlife Financial Plans

Memorial

• Eternal Plans Inc.
• Loyola Plans Consolidated Inc.
• Manila Memorial Park

Payment Gateway

• Dragonpay

Real Estate

• Homemark Inc.
• Malate Construction and Development Corp.

School

• ICCT Colleges Foundation Inc.

Telco

• Bayantel
• Innove Globe
• PLDT
• Smart

Water Utility

• Goodhands Water Specialists Inc.
• Laguna Water District Aquatech Resources
• Manila Water Company
• Maynilad
• Prime Water NCR North and South
• Subic Water and Sewerage Company

Please note that Service Fee may apply when paying for billers so again, check with Diskartech just to be sure. Personally, I will only be using Diskartech as a savings account.

Buy Insurance Plans

You can also buy insurance plans via the Diskartech App. Just as a reminder before you avail of any insurance products, be sure to read the terms and conditions first. As of the time of writing, there are only 5 insurance options to choose from:

Commuters PA: Commuters PA costs P45 only and it is available to anyone age 18 – 64 years old. The coverage is for 12 months only. Here are the coverage details for Commuters PA:

• Accidental Death and Disablement: P50,000
• Public Conveyance Benefit: P50,000
• Murder and Unprovoked Assault: P50,000
• Medical Reimbursement: P2,500

Dengue Cash: This costs P99 only and it is available to anyone age 18 – 64 years old. The coverage is for 12 months only. Here are the coverage details for Dengue Cash:

• Accidental Death and Total Permanent Disability: P3,000
• Dengue Cash Assistance: P3,000

PanProtect 130: This insurance costs P130 only and it is available to anyone age 1 – 59 years old. The coverage is 6 months only. Here are the coverage details for PanProtect 130:

• Accidental Death: P100,000
• Loss of Life Cash Assistance (Due to COVID-19): P100,000
• Loss of Life Cash Assistance (Due to Dengue and Chikungunya): P50,000
• Medical Reimbursement: P12,500
• Daily Hospital Income Benefit (Due to COVID-19): P750

PanProtect 600: This insurance costs P600 only and it is available to anyone age 1 – 59 years old. The coverage is 12 months only. Here are the coverage details for PanProtect 130:

• Accidental Death: P100,000
• Loss of Life Cash Assistance (Due to COVID-19): P100,000
• Loss of Life Cash Assistance (Due to Dengue and Chikungunya): P50,000
• Medical Reimbursement: P12,500
• Daily Hospital Income Benefit (Due to COVID-19): P750

PanProtect Senior 195: This insurance costs P195 only and it is available to anyone age 60 – 75 years old. The coverage is 6 months only. Here are the coverage details for PanProtect Senior 195:

• Accidental Death: P12,500
• Loss of Life Cash Assistance (Due to COVID-19): P12,500
• Loss of Life Cash Assistance (Due to Dengue and Chikungunya): P12,500
• Medical Reimbursement: P12,500
• Daily Hospital Income Benefit (Due to COVID-19): P500

PanProtect Senior 900: This insurance costs P900 only and it is available to anyone age 60 – 75 years old. The coverage is 6 months only. Here are the coverage details for PanProtect Senior 900:

• Accidental Death: P100,000
• Loss of Life Cash Assistance (Due to COVID-19): P100,000
• Loss of Life Cash Assistance (Due to Dengue and Chikungunya): P50,000
• Medical Reimbursement: P12,500
• Daily Hospital Income Benefit (Due to COVID-19): P750

Ridesafe 20K: This costs P20 only and it is available to anyone age 18 – 70 years old. The coverage is for 6 months only. Here are the coverage details for Ridesafe 20K:

• Accidental Death: P20,000
• Total Permanent Disability: P20,000
• Disablement or Dismemberment: up to P20,000 (Note that this is subject to the schedule of benefits relative to extent of injury)
• Burial Expense Benefit: P2,000

Ridesafe 50K: This is a level-up version of Ridesafe 20K. This costs P50 only and it is available to anyone age 18 – 70 years old. The coverage is for 6 months only. Here are the coverage details for Ridesafe 50K:

• Accidental Death: P50,000
• Total Permanent Disability: P50,000
• Disablement or Dismemberment: up to P50,000 (Note that this is subject to the schedule of benefits relative to extent of injury)
• Burial Expense Benefit: P5,000

SariSari Store Insurance: This costs only P35 and available to anyone age 18 – 64 years old. The coverage is for 3 months only. Here are the coverage details for SariSari Store Insurance:

• Fire Cash Assistance (for Sari-Sari Store): P5,000
• Accidental Death: P50,000
• Total Permanent Disability: P50,000
• Dismemberment/Disablement*(Accidental Cause): P50,000

Super PA: This is probably the option with the most coverage. This costs P100 only and it is available to anyone age 18 – 64 years old. The coverage is for 12 months only. Here are the coverage details for Super PA:

• Accidental Death: P20,000
• Total Permanent Disability (accidental cost): P20,000
• Disablement or Dismemberment (accidental cost): up to P20,000 (Note that this is subject to the schedule of benefits relative to extent of the injury)
• Burial Expense Benefit (following accidental death): P10,000
• Murder and Unprovoked Assault (Subject to Geographical Exclusions): P10,000
• Medical Assistance (accidental injuries) up to P1,500
• Daily Hospitalization Benefit (due to accident & sickness) P250/day (Subject to maximum 5 days per confinement and 20 days annual aggregate)

Again, please note that this information is subject to change so be sure to check your Disrtech App for the terms & conditions before availing of any of these insurance products.

Avail Telemedicine Service

Telemedicine is not yet common in the Philippines but it’s a growing industry in the country especially now during the pandemic when physical distancing is encouraged. There’s only one option in the app and that is the iDOc Telemedicine Package.

Buy Load or E-Pins

You can also top-up your mobile prepaid service using the Diskarrtech app.

Refer People and Earn Money

You can earn P30 per referral as long as they successfully verified their account. The maximum amount that you can earn is P30,000 per month. The referred person will also get an incentive (which is not specified anymore on the app) when they register using the NegosyanTech Referral Code.

How to Sign-up with DiscarTech App

Signing up with DiskarTech and easy and fast. Here’s what you have to do:

1. From your Google Playstore, search for DiskarTech and download the app.
2. Once the app has been downloaded, create a username and password
3. Provide a NegosyanTech referral code if you have one. If you wish to use mine, it’s ABCR5036 (Thanks!) Again, this is not a requirement and you may skip this process. Using my NegosyanTech code will make me earn P30 as you become my referral and in return, you will also get an incentive (which is not specified anymore on the app) once you have successfully verified your account.
4. Type in your mobile number and wait for the One-time Pin (OTP)
5. You may also opt for the optional fingerprint sign-in or you may skip this step. I did activate this option to speed up my login process on the DiskarTech app.
6. You may set a goal or you may also skip this step. Personally, I skipped this as I don’t have a goal for this savings account yet aside from saving the maximum allowed deposit to earn interest!

How to Verify your Account in DiskarTech App

Verifying your account with DiskarTech is a crucial step that you should not skip especially if you want to earn money from DiskarTech App. Only verified accounts are allowed to do so. Here’s how to verify your account in DiskarTech.

1. Tap “I-verify ang DiskarTech account.”
2. Type in your personal information, address, and other required details.
3. Tap “Susunod” to the terms and conditions to continue.
4. Choose the valid ID you prefer to use and tap “Go, Ituloy na!”
5. Follow the on-screen instructions when taking a picture of your valid ID and taking a selfie.
6. Wait for a few minutes for your account to be verified.

How to Earn Money from DiskarTech App

There are two ways to earn money from DiskarTech App. The first one is obviously through the 3.25% interest that your money will earn. The second way to earn money from DiskarTech App is through their referral program which is called the NegosyanTech Referral Program.

Again, just as I have mentioned above, you can earn P30 for every successfully verified referral accounts. To start referring, all you have to do is:

1. Click on the “Account” icon which you can find at the bottom of your app
2. Click on “Mag-invite ng friends sa DiskarTech”
3. Copy your referral code and share it with your family and friends
4. Be sure to remind them to type in your referral code when they are signing up to ensure that you get the P30 referral fee and they get the P10 incentive on their account.

How to Deposit Money to your DiskarTech Account

As of the time of writing, you can’t make deposits via RCBC banks, however, you can make deposits via the following partners (billers convenience fee may apply):

• 7-11
• Bayad Center
• CVM Pawnshops
• ECPay
• Gaisano
• H Lhuiller
• RD Pawnshop
• Tambunting Pawnshop
• eBiz

The minimum deposit is P200 and the maximum is P25,000 per transaction. Please note that you can only make two transactions per day. You also have to wait 15 minutes from the time you completed your first transaction before you make the second one.

How to Withdraw Money from your DiskarTech Account

You can make withdrawals via Bayad Centers (don’t forget to bring a valid ID) or, you can make a cardless withdrawal via RCBC ATMs. I think, for those who are living in the cities, this is the most convenient way to go.

A step-by-step process is also available on the app to guide you on how to do this.

How to Transfer Money from your DiskarTech Account

You can transfer money to another DiskarTech account, an RCBC account, or to other banks and mobile wallets. As of the time of writing, you can only transfer to the following banks and mobile wallets (please note that service fees may apply):

1. AllBank (A Thrift Bank), Inc.
2. Asia United Bank Corporation
3. Bank of Commerce
4. Bank of the Philippine Islands / BPI Family Bank can also send InstaPay transfer via BPI rail.
5. BDO Unibank, Inc.
6. BPI Direct BanKO, Inc., A Savings Bank
7. CARD Bank Inc.
8. Cebuana Lhuillier Rural Bank, Inc.
9. China Bank Savings, Inc.
10. China Banking Corporation
11. CTBC Bank (Philippines) Corporation
12. DCPay Philippines Inc (COINS.PH)
13. Dungganon Bank (A Microfinance Rural Bank), Inc.
14. East West Banking Corporation
15. East West Rural Bank, Inc.
16. Equicom Savings Bank, Inc.
17. GrabPay
18. G-Xchange, Inc.
19. ING Bank N.V.
20. Land Bank of The Philippines
21. Malayan Bank Savings and Mortgage Bank, Inc.
22. Maybank Philippines, Inc.
23. Metropolitan Bank and Trust Company
24. PayMaya Philippines, Inc.
25. Philippine Bank of Communications
26. Philippine Trust Company
27. Philippine National Bank
28. Philippine Savings Bank
29. Rizal Commercial Banking Corporation
30. Robinsons Bank Corporation
31. Rural Bank of Guinobatan, Inc
32. Security Bank Corporation
33. Sterling Bank of Asia, Inc., A Savings Bank
34. Sun Savings Bank, Inc.
35. Union Bank of the Philippines
36. United Coconut Planters Bank

Final Thoughts

DiskarTech faces heavy competition against other digital banks such as CIMB and ING. However, it sets itself apart by making its app very easy to use for everyone. Their commitment to serving a wider range of customers is proven by making a Taglish (Tagalog- English) app. They are the only Taglish banking app as of the time being which makes it very easy to understand by the majority of the population.

What I like about the app is the speed of opening and verifying an account. In just a few minutes, I was able to set up my account. I also like the option of earning money by referring people.

Not all digital and non-digital banks have that kind of feature. Although the referral fee is not that much (GCash is at P50 and Citibank Credit Card is at P5000), the maximum monthly cap is huge – up to P30,000 per month.

I also like the cardless ATM withdrawal option as I live near an RCBC branch. This is something new for me and I have yet to try how this works.

Overall, I like DiskarTech because of its simplicity and it knows its target market very well. So far, so good. 🙂

Note: Updated June 23, 2021

Do you also have a DiskarTech app on your phone? Let me know your thoughts in the comment section below.