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Philippine Digital Banks Offer Up to 15% Savings Rates!

2/4/2026

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Story summary
  • The highest savings rate offered by Philippine digital banks is 5.00% for balances up to $5,000.
  • Maya Bank offers rates up to 15% with a requirement of monthly spending.
  • Tonik Bank and GoTyme Bank offer straightforward rates of 3% to 4% without conditions.
  • Time deposits generally yield higher returns while funds are locked.
  • All deposits in these banks are insured by the Philippine Deposit Insurance Corporation up to PHP 500,000.