Tonik Bank Review 2026: Stash & Time Deposit Rates

Your 13th-month pay deserves better: why i switched to tonik bank

That feeling when you put your 13th-month pay into a savings account and nothing grows? I lived that for years until I discovered Tonik Bank's Stash and Time Deposits. It's the Philippines' first all-digital bank, regulated by the BSP, and your deposits are PDIC-insured up to ₱1M across all your accounts.

What makes tonik different?

Tonik is purely app-based,no queuing at branches, no stacks of forms. Everything happens on your phone.

Stash Account: Flexible savings with a floating interest rate. You can deposit or withdraw anytime with no lock-in period. Good for emergency funds or everyday spending.

Time Deposit (TD): Fixed-rate savings locked in for a specific term. Your interest rate won't change once you set it, and you typically earn more than with Stash.

You can hold up to five active Time Deposits per account. The minimum for a TD is ₱5,000, and the maximum is ₱100,000 per TD. For 6-month TDs, you can only have one active at a time,you need to wait for it to mature before opening another. PDIC covers a total of ₱1M across all your deposits combined.

Real-life examples: how your money grows

Solo Stash Example Deposit ₱50,000 in Stash. Since it has a floating rate, you can withdraw anytime for unexpected expenses. Check the app for the current rate, as it changes.

Time Deposit Example Deposit ₱100,000 in a 6-month TD. It's locked until maturity with a fixed rate set on the day you opened it. After the term, you get your principal plus interest. You can roll it over or withdraw.

Laddering Strategy Split your money across different TD terms: one 6-month, one 9-month, and one 12-month. You can hold up to five TDs with a maximum of ₱500,000 across all of them. Since PDIC covers ₱1M total, you're protected. This beats the 1-2% rates at BDO or BPI. With Tonik, you'll genuinely earn more depending on current rates.

How to get started: only 5 minutes

1. Download the Tonik app from the App Store or Play Store.
2. Register using your phone number and basic information.
3. Upload a valid ID (PhilID, passport, etc.) to Get all features.
4. Fund your account via InstaPay from GCash or another bank,usually with zero fees.
5. Create Stash or Time Deposit by tapping the app, choosing your term and amount (minimum ₱5,000 for TD).

When your TD matures, it auto-closes and you'll receive an email certificate. You can renew it or move the funds to your Stash account.

Things to remember

Don't exceed ₱100,000 per TD: Amounts over this limit may not receive the full rate or coverage.

PDIC limit is ₱1M total: This covers all your deposits in Tonik. If you have large amounts, consider spreading money across other banks.

Stash vs. TD: Stash is flexible with a floating rate. TD is locked with a fixed rate.

One 6-month TD at a time: You must wait for a 6-month TD to mature before creating another one.

Group Stash: You can invite friends to participate, but always check current rates in the app.

Why tonik stands out

Compared to Maya or GoTyme, Tonik has no conditions. It's app-only, accessible 24/7, and beats traditional banks on rates and convenience. You can check your money growing from anywhere,even stuck in traffic on EDSA.

How to make the most of it

For beginners: Start with ₱5,000 in a TD. Build the saving habit.

For experienced users: Try laddering maturities so you always have liquidity when you need it.

Monitor the app: Check your projected earnings. TD rates are fixed, Stash rates float,shift if needed.

Is my money safe?

Tonik Bank is BSP-regulated and PDIC-insured up to ₱1M. No reported hacks so far, and they have millions of users. Chat support is available if you have questions.

Download the Tonik app, deposit ₱5,000, and start earning.