peiGo review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
peiGo suits adults in Ecuador who want a savings account opened in the app and reached with a debit card, with a monthly fee of $0 on easy access terms. The money sits with Banco Guayaquil S. A. in Ecuador, watched by the Superintendencia de Bancos del Ecuador.
Key facts
- Best for
- A fee free, app only savings account in Ecuador with a debit card attached.
- Rate type
- Variable↗
- Minimum deposit
- $0↗
- Access terms
- 100% digital savings account opened or upgraded in the app, no branch visit; up to USD 17,498 per month in transfers and payments and up to USD 5,250 per month in service payments; cash withdrawals at Banco del Barrio points and Banco Guayaquil ATMs↗
- Monthly fee
- $0↗
- Account kind
- Easy access↗
- Legal entity
- Banco Guayaquil S. A.↗
- Headquarters
- Ecuador↗
- Support channels
- Email, Chat, Help-centre↗
- Pricing model
- No monthly fee
- Official website
- peigo.com.ec
Personal insurance
Debit cards
- Card type
- Debit↗
Facts checked September 26, 2026, 7 sources
Apps and profiles
- Get the app
- App StoreGoogle Play
- Elsewhere
- LinkedInfacebook.com
Pros and cons
Pros
- The monthly fee is $0 on a no monthly fee model, so there is no standing charge on the balance.
- The minimum deposit is $0, so a first payment can be small and grow in steps.
- The account is opened or upgraded in the app with no branch visit, and a debit card comes with it.
Cons
- Support runs on email, chat and help centre only, so there is no phone channel for urgent problems.
- The rate is variable, so the return moves with the market rather than a fixed term you can plan around.
Who it suits
- Anyone 18 years and older in Ecuador who wants a savings balance managed in the app.
- The account is aimed at expats, so a newcomer with local earnings is the core user.
- Savers who want a debit card and a savings balance in the same place.
Who should look elsewhere
- Savers who want their account in pounds: Starling's Personal Account Debit Card runs on a £0 minimum deposit, while peiGo is built for a single market.
- Readers chasing a known return on an investment balance: eToro pays interest on balance from $1 to $10,000, a different product from a bank savings pot.
Fees and FX
Costs are thin here. The account runs on a no monthly fee model and the monthly fee is $0, so there is no standing charge on the balance. The minimum deposit is $0, which lets a first payment stay small and the balance grow in steps. Opening or upgrading happens in the app, so nothing in the fee story asks for a branch visit.
The company behind it
peiGo is the digital front of Banco Guayaquil S. A., which sits in EC and answers to the Superintendencia de Bancos del Ecuador. The money therefore sits with a supervised local bank rather than an offshore fintech. Support runs on email, chat and help centre, which is enough for written questions about the balance and the card, but leaves no phone channel for anything urgent.
How peiGo compares
9.2 vs 8.0
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9.2 vs 9.2Interest paid on an investment balance from $1 to $10,000, which suits people holding cash alongside investments.
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Where peiGo is available
- Available
- Ecuador
- Licence in Ecuador
- Superintendencia de Bancos del Ecuador, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to hold a peiGo savings account?+
The monthly fee is $0 and the model is no monthly fee, so nothing is charged for keeping the account open. The minimum deposit is $0, so a first payment can be small and later top ups can be irregular.
Who holds my money at peiGo?+
The account is operated by Banco Guayaquil S. A., a bank based in Ecuador that falls under the Superintendencia de Bancos del Ecuador. The balance therefore sits with a supervised local bank rather than an offshore fintech, which is the main thing to weigh against UK or euro providers.
How do I open or upgrade the account?+
Everything is done in the app. A savings account can be opened or upgraded there with no branch visit, which suits anyone who would rather not deal with a teller. The account is easy access, so the money stays reachable for day to day spending.
What interest will I earn?+
The rate is variable, so the return moves with the market rather than being fixed for a set period. That suits a saver who wants access to the money and accepts that the interest can change, and suits it less well if a known locked return is the point.
How do I take money out?+
Cash withdrawals are available at Banco del Barrio points and Banco Guayaquil ATMs, so the cash network is local. The account comes with a debit card for everyday payments, and monthly caps apply to transfers and service payments, so check a large move against the limit.
Does the card come with insurance or protection?+
Optional covers are arranged through an mga structure, with limits of USD 150-500 per cover (max USD 500). Claims can be started from the report claim button in the app, through the Chubb claims portal, or by contacting the insurer around the clock, as peiGo app in app "Report claim" button, Chubb claims portal and 24/7 direct contact with the insurer set out.
How do I get help from peiGo?+
Support runs on email, chat and help centre: email, chat and a help centre. Phone support is not part of that list, so urgent problems such as a blocked card go through written channels first. Claims under the optional covers follow a separate route through the insurer's own portal.
Sources
- peigo.com.ec/cuenta-de-ahorros checked September 26, 2026
Backs: Access terms, Account kind, Rate type
- peigo.com.ec/preguntas-frecuentes/todas checked September 26, 2026
Backs: Minimum deposit, Pricing model, Monthly fee, Support channels, Licences
- peigo.com.ec/terminos-y-condiciones checked September 26, 2026
Backs: Headquarters, Legal entity
“BANCO GUAYAQUIL S. A. Edificio Matriz, Pichincha 107 y P. Icaza, Guayaquil, Ecuador”
- peigo.com.ec/preguntas-frecuentes/seguros checked September 26, 2026
Backs: Claims channels
“If you need to use your insurance, go to the policy section and tap the "Report claim" button; there you will find Chubb's direct contact and access to its portal.”
- peigo.com.ec/preguntas-frecuentes/todas checked September 26, 2026
Backs: Audience
“Requirements to register: be over 18, be Ecuadorian or a foreigner with an Ecuadorian identity document, and have an Ecuadorian mobile number.”
- peigo.com.ec/seguros-detalles checked September 26, 2026
Backs: Cover limit, Provider type
“We will reimburse you up to $500 if someone pressures you (coerced use); up to $300 for online purchase fraud; up to $300 for purchase protection; up to $150 for cash stolen at an ATM.”
- peigo.com.ec/tarjeta-debito-peigo checked September 26, 2026
Backs: Card type
“Tarjeta Debito peiGO”
- peigo.com.ec/terminos-y-condiciones checked September 26, 2026
Backs: Age range
“Eligibility: (i) be Ecuadorian with a valid identity or citizenship card; (ii) have full legal capacity to contract and be over 18 years old.”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Term, Deposit protection.
Related by the facts
peiGo
A fee free, app only savings account in Ecuador with a debit card attached.