What is a high yield savings account?

A high yield savings account (HYSA) is a savings account that offers a significantly higher interest rate than a traditional bank savings account. In the Philippines, most high yield savings accounts are offered by digital banks like Maya, Tonik, GoTyme, and MariBank, which can offer rates of 3%–15% p.a. compared to the 0.10%–0.25% p.a. typical of traditional banks. These accounts are PDIC-insured up to ₱1,000,000 per depositor, per bank.

Which digital bank in the Philippines has the highest interest rate?

As of mid-2026, Maya offers the highest promotional savings rate (up to 15% p.a. with missions, capped at ₱100,000) among Philippine digital banks. For standard (non-promotional) rates, Tonik's Group Stash leads at 4.5% p.a. and Solo Stash at 4% p.a., followed by OwnBank up to 3.8% p.a., UNO Digital Bank up to 3.5% p.a., and MariBank (formerly SeaBank) and NetBank at 3.25% p.a. For fixed terms, Tonik and UNO time deposits reach about 5.5% p.a. Note Tonik cut its plain Tonik Account to 1% p.a. on June 5, 2026. Promotional and conditional rates change often, so compare the base rate, promo rate, balance cap, and any requirements before choosing a digital bank.

What is a digital bank in the Philippines?

BSP recognizes digital banks as a distinct bank classification in the Philippines. These banks operate primarily through apps and digital channels, with limited or no physical branches.

Is the highest rate always the best choice?

No. A bank with the highest promo rate may still be less practical for your needs if access, transfers, card use, or conditions are weaker.

Why should I compare base rate and promo rate separately?

Because some banks emphasize limited or conditional promo rates, while others offer simpler regular rates. Comparing them separately gives a clearer picture.

Are digital bank deposits insured?

Bank deposits are covered by PDIC up to ₱1,000,000 per depositor, per bank effective March 15, 2025.

Should I use a digital bank or a time deposit?

A digital bank savings account may be better if you want easier access and app-based flexibility. A time deposit may be better if you can lock in funds for a fixed term — and several digital banks (Tonik, UNO, NetBank, OwnBank) offer time deposits up to around 5%–5.5% p.a.

What should I check after reading this page?

Compare savings rates, check time deposit alternatives, and use a calculator if you want to estimate growth instead of only comparing features.

Best Digital Banks in the Philippines 2026

Compare digital banks in the Philippines for 2026, including base interest rates, promo rates, balance caps, requirements, PDIC coverage notes, and estimated interest earnings.

Updated June 29, 2026

Digital Bank Interest Rates 2026

Compare digital banks side by side using the features that matter most in real use, not just the highest rate on a promo banner.

This table separates regular rates from promo-driven rates and makes access features easy to scan. Start with your use case first, then compare base rate, promo rate, access features, and product notes.

Digital bank savings interest rates in the Philippines, compared by base rate, promo rate, and balance cap.
Digital Bank	Base Rate	Promo Rate	Balance Cap	Requirement	Good For
Tonik Bank – Time Deposit	5.50%	—	₱250,000 per account	Lock funds for a fixed term (6–24 months)	Highest-yield time deposit savings
Tonik Bank – Group Stash	4.50%	—	No cap	Owner + at least 2 participants for 4.5%	Collaborative/group savings goals
Tonik Bank – Solo Stash	4.00%	—	No cap	None	Goal-based solo savings
OwnBank	3.80%	—	No cap stated	None; no minimum or maintaining balance	Savers comparing newer high-yield apps
UNO Digital Bank	3.50%	—	No cap on the UNOReady savings rate	Higher tier needs ~₱5,000 average daily balance	Savers who want a simple, no-conditions rate
MariBank	3.25%	—	₱1M at 3.25%; 3.75% above ₱1M	None	Everyday digital savings
NetBank	3.25%	—	No cap	₱69 end-of-day balance to earn interest	No-frills daily-compounding savings
Maya	3.00%	15.00%	Promo rate capped at ₱100,000	Promo needs missions (deposits, bills, card spend)	Promo-driven savers
GoTyme	3.00%	—	No cap	None	Everyday spending
CIMB	2.50%	7.00%	Grow/Prime higher rates tiered by balance	Base rate has none; Grow/Prime need ADB growth	Transfer-heavy users
Tonik Bank – Tonik Account	1.00%	—	No cap	None	Everyday wallet savings

Always verify the latest product terms, promos, and account conditions directly with the bank before opening an account or moving funds.

Want to see how much you can earn? Try the digital bank interest calculator below, or jump to a specific bank: SeaBank / MariBank, Tonik Solo Stash, GoTyme, Maya savings, CIMB, GCash (GSave) savings, UNO Digital Bank, OwnBank, NetBank.

Digital Bank Interest Calculator

Compare estimated earnings across digital banks at once, or switch to a single bank for a detailed breakdown. Enter your balance and holding period, then choose base or promo rates and a tax assumption. Promo rates often apply only up to a balance cap, so compare the base rate too.

Deposit amount

Holding period (months)

Rate basis

Tax assumption

Top option: Tonik Bank – Time Deposit at 5.50% p.a. — about ₱2,750.00 gross interest over 12 months (before the 20% withholding tax).

Digital bank	Base rate	Promo rate	Est. monthly interest	Est. annual interest	Balance cap	Requirement
Tonik Bank – Time Deposit	5.50%	—	₱183.33	₱2,200.00	₱250,000 per account	Lock funds for a fixed term (6–24 months)
Tonik Bank – Group Stash	4.50%	—	₱150.00	₱1,800.00	No cap	Owner + at least 2 participants for 4.5%
Tonik Bank – Solo Stash	4.00%	—	₱133.33	₱1,600.00	No cap	None
OwnBank	3.80%	—	₱126.67	₱1,520.00	No cap stated	None; no minimum or maintaining balance
UNO Digital Bank	3.50%	—	₱116.67	₱1,400.00	No cap on the UNOReady savings rate	Higher tier needs ~₱5,000 average daily balance
MariBank	3.25%	—	₱108.33	₱1,300.00	₱1M at 3.25%; 3.75% above ₱1M	None
NetBank	3.25%	—	₱108.33	₱1,300.00	No cap	₱69 end-of-day balance to earn interest
Maya	3.00%	15.00%	₱100.00	₱1,200.00	Promo rate capped at ₱100,000	Promo needs missions (deposits, bills, card spend)
GoTyme	3.00%	—	₱100.00	₱1,200.00	No cap	None
CIMB	2.50%	7.00%	₱83.33	₱1,000.00	Grow/Prime higher rates tiered by balance	Base rate has none; Grow/Prime need ADB growth
Tonik Bank – Tonik Account	1.00%	—	₱33.33	₱400.00	No cap	None

Estimates use simple interest on the deposit amount. Promo rates often apply only up to the balance cap shown, so real earnings can be lower than an “include promo” estimate. Switch to Single account estimate for a detailed breakdown of one bank.

Base Rate vs Promo Rate

One of the biggest reasons digital bank comparisons can be misleading is that some banks highlight promotional rates while others emphasize a simpler regular rate. A fair comparison should separate these two clearly.

base rate is the more stable savings rate
promo rate may depend on conditions or limited periods
a higher promo rate is not always easier to maintain
users should compare both headline yield and practicality

This is why the comparison table shows both base rate and promo rate instead of combining them into one number.

Why Access Features Matter

A digital bank can look attractive on rate alone, but access matters just as much for daily use. Some users care more about cash access, debit cards, and transfers than about squeezing out the highest possible yield.

some users want a bank for daily spending
some want a bank mainly for savings
card and ATM access may matter more than rate for cash users
transfer experience matters for people moving money often

Deposit Insurance and Trust Notes

For deposit products, trust and protection matter. PDIC increased the maximum deposit insurance coverage to ₱1,000,000 per depositor, per bank effective March 15, 2025, and that should be clearly reflected in the comparison notes for any deposit-focused digital bank page.

This does not replace product due diligence, but it is one of the clearest trust signals users look for when comparing where to keep money.

Best Digital Bank in the Philippines by Need

Start with how you plan to use the account, not just the headline rate.

Best digital bank for high interest

For the highest standard yield, Tonik's Group Stash pays 4.5% p.a. and its 12-month time deposit 5.5% p.a.; OwnBank reaches 3.8% p.a. Maya advertises up to 15% p.a., but only as a conditional promo capped at ₱100,000.

Best digital bank for simple savings

GoTyme (3% p.a.) and MariBank (3.25% p.a.) pay a flat rate with no missions or promo mechanics — good if you just want interest without tracking conditions.

Best digital bank for no complicated requirements

UNO Digital Bank (up to 3.5% p.a.) and NetBank (3.25% p.a.) keep things simple — no spending missions and no maintaining balance to earn the headline rate.

Best digital bank for small balances

Maya's promo rate is most useful on smaller balances since it caps at ₱100,000. Most digital banks have zero maintaining balance, so you can start small.

Best digital bank for larger balances

Above ₱1,000,000, MariBank pays a higher 3.75% p.a. tier. Remember PDIC insurance covers up to ₱1,000,000 per depositor, per bank, so very large balances may be worth splitting.

Digital Bank Interest Rates 2026 by Bank

The exact rate, conditions, and balance caps for the digital banks people search for most. Rates are gross (before the 20% withholding tax) and last checked 2026-06-29.

SeaBank / MariBank interest rate 2026

3.25% p.a. (3.75% above ₱1M)

SeaBank Philippines has rebranded to MariBank. The account pays 3.25% p.a. on balances up to ₱1,000,000 and 3.75% p.a. on the portion above ₱1,000,000 (effective January 15, 2026), with no maintaining balance. It is a BSP-licensed digital bank backed by Sea Group (Shopee) and is PDIC-insured up to ₱1,000,000.

Tonik Solo Stash interest rate 2026

4% p.a. (Solo Stash)

Tonik's Solo Stash earns 4% p.a. for goal-based saving and the Group Stash 4.5% p.a. (owner plus at least 2 participants). Tonik time deposits pay up to 5.5% p.a. on a 12-month term (effective June 5, 2026, down from 8%). Note the plain Tonik Account was cut to 1% p.a. on the same date. None of the Stash products require promo missions, and deposits are PDIC-insured up to ₱1,000,000.

GoTyme interest rate 2026

3% p.a. (GoSave)

GoTyme's GoSave pays a flat 3% p.a. (cut from 3.5% effective January 1, 2026) with no balance cap and no spending requirements. It includes a physical debit card and kiosk withdrawals, making it convenient for everyday access. PDIC-insured up to ₱1,000,000.

Maya savings interest rate 2026

3% base, up to 15% promo

Maya pays a 3% p.a. base rate (lowered from 3.5% effective April 1, 2026). Its headline up-to-15% p.a. promo is conditional — it requires monthly missions such as deposits, bill payments, and card spending, and the boosted rate is capped at ₱100,000. PDIC-insured up to ₱1,000,000.

CIMB interest rate 2026

2.5% p.a. (UpSave base)

CIMB's UpSave pays a 2.5% p.a. base rate. Higher rates are available on CIMB GROW (4% base + up to 3% conditional = up to 7% p.a.) and CIMB Prime, both tied to growing your average daily balance. CIMB is a BSP-licensed digital bank and PDIC-insured up to ₱1,000,000.

GCash (GSave) savings interest rate 2026

From 2.5% p.a. (via CIMB)

GSave inside GCash is powered by partner bank CIMB, so the base rate tracks CIMB UpSave at 2.5% p.a., with higher conditional tiers available on CIMB's GROW product. Because GSave is a partner-bank deposit, coverage and terms follow the underlying bank.

UNO Digital Bank interest rate 2026

Up to 3.5% p.a.

UNO Digital Bank's UNOReady savings pays up to 3.5% p.a. with daily interest crediting and no spending missions. Time deposits go up to 4.75% p.a. (UNOEarn) and 5.5% p.a. (UNOBoost) depending on tenure. PDIC-insured up to ₱1,000,000.

OwnBank interest rate 2026

Up to 3.8% p.a.

OwnBank's "Own It" savings pays up to 3.8% p.a. with daily interest and no maintaining balance. Time deposits go up to 5.2% p.a. (with 8% p.a. for the first 7 days for new users only). OwnBank has adjusted rates several times, so confirm the current rate in-app. PDIC-insured up to ₱1,000,000.

NetBank interest rate 2026

3.25% p.a. (PesoSAVERS)

NetBank's PesoSAVERS pays 3.25% p.a. with daily interest crediting and compounding, no minimum initial deposit, and no maintaining balance (a ₱69 end-of-day balance is needed to earn interest). Time deposits sit around 4.5% p.a. (6-month) and 5% p.a. (12-month). PDIC-insured up to ₱1,000,000.

Digital bank rates change frequently. Always confirm the current rate in the bank's app before depositing.

How we compare digital banks

PesoHub compares digital banks using publicly available product information such as advertised base and promo rates, card and ATM access, transfer features, account limits, and deposit insurance notes. Rates and account details may change, so always verify the latest information with the bank directly.

Frequently Asked Questions

Related savings and rates pages

Best Savings Interest Rates

Time Deposit Rates

Time Deposit Calculator

Savings Goal Calculator

Rates Hub

Guides Hub

Source & freshness

Source

Individual bank websites and product disclosures

Updated

June 29, 2026

Review cycle

Every 2 weeks

Interest rates shown are subject to change without prior notice. Rates are gross (before the 20% final withholding tax on interest income). Promotional rates may expire. Always verify the current rate directly with the bank before opening an account. This page is not affiliated with any bank listed.