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If your savings are sitting in a traditional savings account, they are probably earning very little. Digital banks in the Philippines pay noticeably higher interest, often credited daily, with no maintaining balance. But the headline “up to” rates can be misleading. Some require missions, some apply only to part of your balance, and some are temporary promos.
We checked the official websites of five popular digital banks on October 9, 2026. Here is what each one actually pays, and what you need to do to earn it.
Quick comparison (as of October 9, 2026)
| Bank / product | Base rate (p.a.) | Higher rate and conditions |
|---|---|---|
| Tonik Solo Stash | 4.00% | No missions. Tonik Group Stash pays 4.50% if the owner plus at least 2 participants join. |
| MariBank Savings | 3.25% on balances up to ₱1,000,000 | 3.75% on the portion above ₱1,000,000 |
| GoTyme GoalSave | 3.00% | No missions, no limits |
| Maya Savings | 3.00% | Boosts up to 15% p.a. by using Maya or growing your balance; the boosted rate is capped |
| CIMB GSave / UpSave | 2.30% | Earn More promo adds up to 1.85% p.a. if your average daily balance grows; runs until October 31, 2026 |
Rates change often, sometimes with only a short notice. Always check the current rate on the official site before moving your money.
Bank by bank
Tonik: highest no-mission rate on our list
Tonik’s deposit rates page lists 4.00% p.a. for Solo Stash and 4.00% for Group Stash, rising to 4.50% when the owner plus at least two participants are in the stash. The regular Tonik Account pays 1.00%. Tonik also offers time deposits; its page shows rates effective August 24, 2026, for example 4% p.a. for 6 months and 3.50% p.a. for 12 months, plus a conditional extra 1% p.a. if you keep at least ₱10,000 average daily balance in your Tonik savings account every month of the term. Tonik says interest is computed daily and credited monthly, subject to 20% withholding tax.
Good for: savers who want a straightforward higher rate and are happy to keep goal-based “stashes” separate from their spending money.
MariBank: simple, no maintaining balance, Shopee-friendly
MariBank, formerly SeaBank Philippines, pays 3.25% p.a. on balances from ₱0 to ₱1,000,000. Only the part of your balance above ₱1,000,000 earns 3.75% p.a. Interest is credited daily based on the previous day’s balance, subject to 20% withholding tax. MariBank says there are no account fees, no maintaining balance and no lock-in. It also says you can transfer funds from ShopeePay to MariBank for free, which is handy for online sellers and frequent Shopee shoppers.
MariBank states it is regulated by the BSP and that deposits are insured by PDIC up to ₱1 million per depositor.
Good for: people who want a set-and-forget account with daily interest and no missions, especially if they already use Shopee and ShopeePay.
GoTyme: flat 3% with no strings
GoTyme’s help centre describes GoalSave as a savings feature with a 3.0% annual interest rate, “no missions, no limits.” Interest is computed daily on your end-of-day balance and paid on the 1st of each month, subject to 20% withholding tax.
Good for: beginners who want a simple flat rate with no conditions.
Maya: highest headline rate, but read the conditions
Maya says its Savings base interest rate is 3% p.a. starting April 1, 2026, credited daily. You can boost it up to 15% p.a. by using Maya for everyday transactions or by growing your balance. The boosted rates come with conditions and a cap: for example, Maya’s new-user promo applies the 15% rate to an average daily balance of up to ₱100,000 for one calendar month, after which the regular rate applies. Maya also notes that accounts with no deposit or withdrawal for two years earn no interest.
Good for: active Maya users who already pay bills and shop through the app and will actually meet the missions each month.
CIMB: base rate plus a balance-growth promo
CIMB lists a 2.30% p.a. base rate for both GSave and UpSave. Its Earn More promo, extended until October 31, 2026, adds boosted interest when your total average daily balance grows versus the previous month: +0.25% for ₱1,000 growth, +0.50% for ₱5,000 and +1.10% for ₱20,000, for a possible total of up to 1.85% p.a. on top of the base rate. New depositors qualify by keeping the required balance in their opening month.
Good for: GCash users already linked to GSave who add to their savings every month.
How to choose: four questions
- Will I really do the missions? A 15% rate you never qualify for is worth less than a 4% rate you get automatically.
- How much am I saving? Some boosted rates only apply to the first ₱100,000 or so. Above that, the base rate decides your earnings.
- How fast do I need the money? Savings accounts and stashes let you withdraw anytime. Time deposits pay more but lock your money for the term.
- Is it convenient? Free transfers in and out, links to e-wallets you already use, and easy cash-out matter as much as a fraction of a percent.
Things that apply to all of them
- 20% withholding tax. Interest on peso savings is subject to 20% final withholding tax, so your take-home interest is 80% of the stated rate.
- PDIC insurance. PDIC insures deposits up to ₱1,000,000 per depositor per bank. If you have more than that, consider spreading it across banks.
- Rates can change. Several of these banks have changed their rates during 2026. Check the official page every few months.
- Protect your account. Never share OTPs or log-in details. Banks will not ask for them by text, call or chat.
Our take
On pure base rate, Tonik’s stashes lead this list as of October 9, 2026. For no-fuss daily interest and easy ShopeePay transfers, MariBank is a solid everyday choice, and its 3.25% rate is above GoTyme’s 3.00% and Maya’s 3.00% base. Maya can pay far more if you consistently meet its conditions, and CIMB’s promo helps people who add to their savings every month. Many Filipinos use two accounts: one for daily spending and one high-interest account for emergency funds.
If MariBank suits you, you can open an account through our link: Open a MariBank account.
Referral link: we may earn a reward if you sign up.
Sources
- MariBank, Savings account: https://www.maribank.ph/product/savings (checked Oct 9, 2026)
- MariBank, Fees & Rates: https://www.maribank.ph/fees-rates (checked Oct 9, 2026)
- Tonik Bank, Deposit Interest Rates: https://tonikbank.com/deposit-interest-rates (checked Oct 9, 2026)
- Tonik Bank, How is Stash interest calculated: https://tonikbank.com/faq/how-my-tonik-accountsolo-stashgroup-stash-interest-calculated (checked Oct 9, 2026)
- GoTyme Bank, What is GoalSave: https://www.gotyme.com.ph/help/goalsave/understanding-goalsave/what-is-a-goalsave (checked Oct 9, 2026)
- GoTyme Bank, GoalSave interest: https://www.gotyme.com.ph/help/goalsave/funding-your-goalsave/how-is-interest-calculated-on-my-goalsave-account (checked Oct 9, 2026)
- Maya Bank, High interest savings: https://www.mayabank.ph/highinterestsavings/ (checked Oct 9, 2026)
- CIMB Bank PH, Earn More Promo: https://www.cimbbank.com.ph/en/promotions/promotions/earn-more-promo.html (checked Oct 9, 2026)
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