Digital Bank Interest Rates: the 2026 Comparison, Updated Monthly

Rates as carried on the October 2026 record (the BitPinas rates list — verify in-app before funding, every rate moves): Maya up to 8% Personal Goals (base 4.0%) and boosted savings accounts with base rates at 4.0% | Tonik 1.00% regular, 4.00% solo stash, up to 4.50% group stash, up to 5.00% time deposit | UNO up to 3.50% UNOReady, up to 5.50% UNOBoost time deposit | UnionDigital up to 3.25% UD Save | SeaBank 3.25% up to ₱1M, 3.75% above | GoTyme 3.00% Go Save | the honest read: boosted headline rates carry conditions — the base rates and the conditions live in each bank’s app | the comparison, the why-rates-move layer, and the monthly check routine — mapped below

Key Takeaway

• 📈 Digital bank interest rates are a market, not a menu: seven licensed banks publish rates — the digital bank interest rates market moves with its own funding needs, the BSP’s policy rate cycle, and promo calendars — the honest comparison reads TODAY’S app-screen rate, not last month’s press line. This piece carries the October-record numbers (the BitPinas rates list on record) and the verify-live routine that keeps any comparison honest.
• 🪤 Headline rates and base rates are different numbers: the record’s own wording proves it — Maya’s boosted savings accounts carry “up to 15% per annum” headlines with “the base rate at 4.0% per annum”; the boost lives in conditions (balances, activity, goals locks). Read the base first, the boost second, the conditions third — digital bank interest rates comparisons that skip this mislead every time.
• 🏦 The deposit-size and product-type layers decide your number: SeaBank pays 3.25% up to ₱1M and 3.75% above; Tonik’s stashes run 4-4.5% where its regular account runs 1.0%; time deposits (Tonik 5%, UNO Boost 5.5%, Maya’s tiered goals) out-pay savings accounts at every bank. Your actual rate = your balance × your product choice, not the banner.
• 🛡️ Rate-chasing stays inside the safety frame: every bank in this comparison is a BSP-licensed digital bank with PDIC deposit-insurance coverage up to the legal limit per depositor per bank — the honest routine for large balances spreads across banks (the coverage runs per institution), never into unlicensed “higher rate” offers.
• 🗓️ The monthly check routine (the piece’s spine): rates move month-month — the routine: open each app’s rate screen (two minutes), note base vs boosted, check the promo-conditions box, compare against this piece’s record, and re-decide annually or on any BSP policy-rate swing — nothing more; rate-churn between banks costs more in transfers and peace than it earns.

Digital bank interest rates comparisons live or die on freshness — and digital bank interest rates are the most-clicked number in Philippine banking and the most-misread one at the same time: the apps publish banners (“up to 15% p.a.!”), the comparisons recycle each other’s stale numbers, and the honest reader — the one about to place actual pesos — needs three layers the banners never stack: the base rate the bank actually pays, the conditions that turn it into the boosted headline, and the product type (savings, stash, goal-lock, time deposit) the money actually sits in. This comparison carries all three layers of digital bank interest rates against the October 2026 record (the BitPinas rates list on record, seconded by the fintech-press coverage), names the why behind every move (funding needs, the BSP’s policy-rate cycle, promo calendars), maps the seven licensed banks’ shapes including the seven-bank roster context this desk tracks monthly, and hands over the monthly routine that keeps the comparison self-updating — because a rates piece that pretends rates stand still is lying by omission.

The Comparison Table: the Seven-Bank Record as It Stands

• Maya Bank: Personal Goals accounts up to 8% p.a. (base rate 4.0% on record); savings accounts with boosts advertising up to 15% p.a. — the base rates per the record sit at 4.0%, the boosts carry the conditions (read them in-app before counting money that isn’t there yet).
• Tonik: regular account 1.00% p.a.; solo stash 4.00%; group stash up to 4.50%; time deposit accounts up to 5.00% — Tonik’s shape is the cleanest product-type lesson: the same bank pays you 1% for parking and 5% for locking.
• UNObank: UNOReady up to 3.50% p.a. (carried inside GCash too, per the record); UNOBoost time deposit up to 5.50% — the corridor’s strongest clean time-deposit read on the record.
• UnionDigital: UD Save up to 3.25% p.a.; UD Time Deposit up to 3.15% on the record’s read — the union-bank arm competes on steadiness, not on banner numbers.
• SeaBank: 3.25% p.a. for balances ₱0–₱1,000,000, 3.75% p.a. above ₱1M — the size-tiered structure is the honest template for jumbo-balance readers, plus free transfers to MariBank accounts (the sister-bank lane on record after Sea’s MariBank upgrade made it the seventh licensed bank).
• GoTyme: Go Save at 3.00% p.a. and USD time deposits up to 2.50% — the Robinsons-network lane (free withdrawals at affiliated stores per the record) trades rate points for cash-access convenience.
• The seventh and the neighbors: MariBank (the Sea-owned entrant) and the other licensed names carry their own rate screens — the honest table defers to each app’s live display, and the desk’s roster piece carries the licensing story while this piece carries only what the rates record shows.

Digital Bank Interest Rates: Base Rates vs Boosted Banner Rates — the Layer That Saves Your Money

• The record’s own admission: the Maya line as carried — “up to 15% per annum in the savings accounts (the base rate is at 4.0% per annum)” — is the digital bank interest rates industry’s honesty in one parenthesis: the boost is REAL under conditions (goal locks, balance floors, activity gates), and the banner exists because 15% advertises better than 4%.
• The three-question test per promo: (1) what is the BASE rate on my balance if no conditions are met? (2) what conditions unlock the boost (locks, minimums, payroll-in flows)? (3) what happens at month-end if I miss one — the boost’s clawback mechanics? Bank apps answer all three; the banner answers none.
• The honest comparison formula: expected yield = base rate × (months meeting conditions ÷ 12) + boosted rate × (months qualifying ÷ 12) — nothing fancier; the reader who runs it on two banks’ boost promos usually finds the plain 3.25-3.75% steady-payers competitive with the 15%-banner banks that gate the boost away from average months.

Why Digital Bank Interest Rates Move: the Three Forces Behind Every Change

• Force 1 — the BSP’s policy-rate cycle: every licensed bank prices deposits off the policy rate’s direction (the Monetary Board’s decisions move the entire yield ladder); a policy cut compresses every bank’s headroom, a hike lifts the ceiling — the policy-decision calendar is the rates calendar’s upstream driver, and this desk’s FOMC-adjacent pieces track the global side of it.
• Force 2 — the bank’s funding need: digital banks grow balances fast (the deposit growth runs well ahead of loan books in the early build-out years); a bank hungry for deposits pays the promo rate — a bank fat with deposits quietly cuts it. The banner you see is the bank’s liquidity need wearing a marketing hat.
• Force 3 — the promo calendar: year-end deposits drives (December), new-account pushes, and competitor repricing (one bank’s banner forces two others’ response) — the honest monthly check exists because this force moves fastest and explains most of the variance between a January screen and a June screen.

Where Digital Bank Interest Rates Live: the Product-Type Layer Decides What You Earn

• Plain savings accounts: the flexible layer (same-day access, no locks) — Tonik’s 1.00% and the GoTyme 3.00% shape the honest spread: flexibility costs rate points at some banks and not at others.
• Stash and goal accounts: the semi-locked layer ( Tonik’s solo/group stashes at 4.00-4.50%, Maya’s goals to 8% with base 4.0%) — rates rise as access tightens; the group mechanics (Tonik) pay a bonus for the social-lock design.
• Time deposits: the locked layer — Tonik’s 5.00%, UNO Boost’s 5.50%, SeaBank’s size tiers — the highest clean rates in the licensed-bank universe ride here, priced by lock duration and break-fees; the FDIC-style logic applies: break the lock early and the yield collapses to the regular rate.
• The honest allocation note (not advice, arithmetic): the emergency-fund mathematics on this desk (the three-to-six-month floors) belong in the flexible layer regardless of rate; goal money (tuition, appliances, travel) belongs in the stash/goal layer; idle twelve-month money belongs in the time-deposit layer — rate-chasing across layers against your own liquidity needs is how rate-optimization loses money in break-fees and transfer costs.

The Safety Frame Around Digital Bank Interest Rates Cover Travel With the Rate

• Every name in this comparison is a BSP-licensed digital bank — the seven-bank roster (GoTyme, Tonik, Maya Bank, UNObank, SeaBank, UnionDigital, MariBank) carried the licensing story through the MariBank upgrade and the Revolut-talks headline this month; licenses are what separate the comparison from the unsolicited “investment” offers in your DMs.
• PDIC deposit insurance covers licensed-bank deposits up to the statutory limit per depositor per bank — the honest large-balance routine is distribution across banks (the ₱1M SeaBank tier is literally the coverage boundary the product design acknowledges); the Philippine Deposit Insurance Corporation’s’s limit moves with the law, so verify the current ceiling before jumbo placements.
• What PDIC does NOT cover: anything outside the licensed-bank ladder — e-wallet balances at non-bank entities, crypto wallets, the “savings” features of trading apps. The rate-chase never justifies leaving the frame; the desk’s security-lane pieces carry the scam patterns that harvest exactly this confusion.

The Monthly Rates Routine: Five Minutes, Seven Apps, One Spreadsheet

• Step 1 — screenshot each app’s rate screen monthly (the seven banks’ apps, two minutes total): the screens carry the base rate, the boosts and the conditions; screenshots create your own dated record.
• Step 2 — flag changes against this piece’s record: any bank that moved ≥0.25 percentage points since your last check earns a read-why (promo? policy move? funding shift?) — the reason matters for the NEXT move, not just the current rate.
• Step 3 — check the conditions box per promo: the three-question test above (base, unlock, clawback) — sixty seconds per banner.
• Step 4 — re-run the expected-yield arithmetic quarterly: the formula (base share + boosted share of your actual months) turns banner wars into honest numbers for YOUR balance.
• Step 5 — re-decide annually or on policy swings: the honest routine ends there — moving money monthly between banks for 0.25 points usually transfers away more than it earns (InstaPay fees, re-registration friction, the security re-setup); annual decisions catch the real drift.

FAQ

What are the highest digital bank interest rates in the Philippines right now?

On the October-2026 record: Maya’s boosted savings advertising up to 15% p.a. (base 4.0% per the record), Maya goals up to 8%, UNO Boost time deposits up to 5.50%, Tonik time deposits up to 5.00%, Tonik group stashes up to 4.50% — always verify the live app screens before funding (rates move monthly, and every boost carries conditions).

Which digital bank pays the most with no conditions?

The honest no-conditions leaders on the record: SeaBank’s 3.75% p.a. tier above ₱1M (3.25% below), GoTyme’s 3.00% Go Save, UnionDigital’s UD Save up to 3.25% — the steady-payers whose banners match their base rates; the boosted banner rates belong to the conditions layer.

Why does Maya advertise 15% when the base rate is 4%?

The 15% banner is a boost rate: it applies under specific conditions (balances, locks, activity gates per the bank’s mechanics) while the base rate — what the account pays without conditions — sits at 4.0% per annum on the record. The honest expected-yield arithmetic runs base months plus qualifying months, not the banner.

Are digital bank deposits insured in the Philippines?

Yes — deposits in BSP-licensed digital banks (all seven in this comparison) carry PDIC deposit-insurance protection up to the statutory limit per depositor per bank; distribution across banks is the honest routine for balances above a single bank’s coverage, and nothing outside the licensed-bank frame carries that cover.

Do digital bank interest rates change every month?

They change whenever funding needs, promo calendars, or the BSP’s policy-rate cycle shift — which is why the piece’s routine screenshots the app screens monthly and re-runs the expected-yield arithmetic quarterly; rates aren’t monthly-mandatory moves, but they are monthly-verified readings.

Which digital bank is best for time deposits?

On the October record: UNO Boost (up to 5.50% p.a.) and Tonik time deposits (up to 5.00%) headline the licensed-bank time-deposit layer, with SeaBank’s size tiers as the large-balance read — check lock durations and break-fees per app before locking, since the highest banner rate with the wrong lock length is not the best product.

Carriers on record: the BitPinas October-2026 digital-bank rates list (the rates spine), YugaTech’s rates ranking and FintechNews PH’s digital-banks guide; the desk’s own layers: the digital-banks roster 2026, the digital bank vs broker read, the emergency-fund mathematics, the OFW remittances data guide, and the MariBank license piece.

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  title        = {{Digital Bank Interest Rates: the 2026 Comparison, Updated Monthly}},
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  date         = {2026-11-01},
  organization = {WorldNgayon},
  url          = {https://worldngayon.com/digital-bank-interest-rates/},
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