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Digital bank
Park your take-home pay where it earns
Maya, GoTyme, CIMB, SeaBank — high-yield savings on your idle peso, no maintaining balance.
Compare digital banks →§ 15 · live tool
Digital Bank Rates
Drop your idle peso in and see how much each PH digital bank actually pays — after the 20% withholding tax, across tiered rates, and with the promo boost where it applies.
Your deposit
Some banks offer a higher rate on a capped slice (e.g. Maya's deposit-streak boost). Tick to model the maximum advertised rate.
Highest net interest: GoTyme Bank · GoSave
₱4,000 / yr
5.00% effective · ₱333 / mo
| Bank | Product | Effective rate | Annual gross | Withholding | Annual net | Monthly net |
|---|---|---|---|---|---|---|
| GoTyme BankBEST | GoSave | 5.00% | ₱5,000 | −₱1,000 | ₱4,000 | ₱333 |
| SeaBank PH | Save | 4.50% | ₱4,500 | −₱900 | ₱3,600 | ₱300 |
| Tonik Digital Bank | Stashes (locked) | 4.00% | ₱4,000 | −₱800 | ₱3,200 | ₱267 |
| Maya Bank | Maya Savings | 3.50% | ₱3,500 | −₱700 | ₱2,800 | ₱233 |
| UnionDigital | Savings | 3.00% | ₱3,000 | −₱600 | ₱2,400 | ₱200 |
| CIMB Bank PH | UpSave | 2.50% | ₱2,500 | −₱500 | ₱2,000 | ₱167 |
Notes
- GoTyme Bank: 5% p.a. on the first ₱250K; 1% on the excess. PDIC-insured to ₱500K.
- SeaBank PH: 4.5% p.a. on the first ₱500K; 1% on the excess. Daily compounding, paid monthly.
- Tonik Digital Bank: Up to 4% p.a. on locked Stashes (≥30-day term). The Solo account starts at 1%.
- Maya Bank: Base 3.5% p.a. on the first ₱100K; 2.5% on the excess. No maintaining balance.
- UnionDigital: Flat 3% p.a. Backed by Aboitiz; integrated with UnionBank app.
- CIMB Bank PH: Flat 2.5% p.a. UpSave is a basic high-yield savings; GSave (with GCash) is similar.
Interest income on PHP savings is subject to 20% final withholding tax under NIRC Sec. 24(B)(1).
Rates as of 2026-05-22
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How it works
Each bank gets your balance split across its rate tiers. Example: at ₱600,000 in SeaBank, you earn 4.5% on the first ₱500,000 and 1% on the next ₱100,000 — a blended ~3.92%. The table sorts banks by the annual peso amount you'd actually keep, after the 20% withholding tax under NIRC Sec. 24(B)(1).
The promo toggle layers boosted rates on the slice they apply to (e.g. Maya's 14% on the first ₱100K), then falls through to the bank's standard tiers above the cap. Promo rates require ongoing effort to maintain — treat them as a bonus, not a yield.
§ 03
Frequently asked questions
Which digital bank gives the highest interest on idle pesos?
It depends on your balance. GoTyme's GoSave at 5% p.a. on the first ₱250K is the strongest flat rate; SeaBank at 4.5% on the first ₱500K wins on bigger balances; Maya's promo tier can spike to 14% but only on the first ₱100K and only when you complete a 50-day streak + GameBox tasks. The table re-ranks by net annual interest for the deposit you enter.
Why is the tax 20%?
Under NIRC Section 24(B)(1), passive interest income from a domestic bank is subject to 20% final withholding tax. The bank deducts it before crediting your interest, so the figure you actually see in the app is already the net. We show both gross and net so you can see what's being withheld.
Are these banks PDIC-insured?
Yes — Maya, GoTyme, CIMB, SeaBank, Tonik, and UnionDigital are all BSP-licensed digital banks and PDIC-insured up to ₱500,000 per depositor per bank. If you have ₱1M idle, splitting across two banks is the safe play.
Why are the promo rates so much higher than base?
They're marketing — designed to acquire deposits or daily active usage. They typically come with conditions (deposit streaks, transaction counts, app missions) and reset monthly. The rate IS real, but only on a small slice of your balance and only if you do the work. Treat it as a bonus on top of the base rate, not a permanent yield.
What about CIMB FastPlus or Tonik time deposits?
Time deposits in 2026 sit at 4.0–5.5% depending on term (3–12 months) and amount. They beat savings but lock your funds. This calculator focuses on liquid savings; for a fixed-term comparison, the Pag-IBIG MP2 tool is the closest equivalent for medium-term planning.
Does this save or transmit my data?
No. Everything runs in your browser. We don't collect, store, or transmit your balance or any inputs.
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Sources & references
From official issuer, regulator, and data-provider sites. Verify any figure against the primary source before acting on it.