What is the best high yield savings account in the Philippines for 2026?

For 2026, the best high yield savings accounts in the Philippines are from digital banks. On standard (non-promotional) savings rates, OwnBank leads at up to 3.8% p.a., followed by UNO Digital Bank up to 3.5% p.a., and Tonik's Solo Stash and Group Stash, MariBank and NetBank at 3.25% p.a. (Group Stash reaches 3.75% p.a. only when the owner saves with at least 2 other participants). Maya Savings pays a 3% p.a. standard base; its up-to-15% p.a. is a conditional promo for new Maya users only during its November 1–30, 2026 offer — sign up and upgrade in the same calendar month, cash in at least ₱1,000 to Maya Wallet and deposit at least ₱1,000 into Maya Savings — for the sign-up month, with the bonus only on the first ₱100,000; Maya's October existing-user mission boosts are not confirmed as currently available. All are PDIC-insured up to ₱1,000,000 per depositor, per bank. Rates change often — compare the base rate, promo rate, balance cap, and requirements in the table above before opening one.

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 with the far lower regular savings rates at traditional banks — often well below 1% p.a., with several major banks currently around 0.0625% p.a. 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 November 1, 2026, Maya offers the highest promotional savings rate (up to 15% p.a. on Maya Savings, bonus only on the first ₱100,000 — conditional and for new users only: those who sign up, upgrade and deposit ₱1,000 during its November 1–30, 2026 promo window get it for the sign-up month without missions; Maya's October existing-user mission boosts are not presented as currently available because no November continuation has been verified) among Philippine digital banks; Maya also runs a separate, time-limited Personal Goals promo for goals opened October 1 – December 31, 2026, paying 4%, 4.5%, 5%, 6.5% and 8% p.a. by ₱20,000 slice (each rate only on its slice — about 5.6% blended on a full ₱100,000 goal). For standard (non-promotional) savings rates, OwnBank leads at up to 3.8% p.a., followed by UNO Digital Bank up to 3.5% p.a., and Tonik's Solo Stash and Group Stash, MariBank (formerly SeaBank) and NetBank at 3.25% p.a. (Tonik Group Stash reaches 3.75% p.a. only with the owner plus at least 2 participants). For fixed terms, UNO and NetBank time deposits reach about 5% p.a.; Tonik restructured its time deposits effective August 24, 2026 to a 3.5%–4.0% base plus a 1% conditional bonus (up to 4.5%–5.0%). Note Tonik's plain Tonik Account pays just 0.10% p.a. 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 happens to my savings rate when the BSP cuts rates?

Most digital bank savings rates are variable, so the bank can lower them at any time, and they usually fall after the BSP cuts its policy rate. A time deposit is the exception: the rate you open at stays locked for the full term. If you expect rates to keep falling and have funds you will not need for a while, a time deposit locks in the current rate.

Can I open accounts at several digital banks?

Yes. There is no rule against holding savings accounts at multiple BSP-licensed banks at the same time. Many savers use one bank for their emergency fund and another for time deposits. Each bank is separately PDIC-insured up to ₱1,000,000 per depositor, so spreading larger balances across banks also keeps more of your money within the insured limit.

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 High-Yield Savings Accounts in the Philippines 2026: Digital Bank Rates Compared

Compare high-yield savings accounts from Philippine digital banks for 2026, including base interest rates, promo rates, balance caps, requirements, PDIC coverage notes, and estimated interest earnings.

Updated September 24, 2026

What is the highest-yield savings account in the Philippines in 2026?

The highest-yield savings accounts in the Philippines in 2026 are offered by digital banks. As of September 24, 2026, the top base rates come from OwnBank (3.80% p.a.), UNO Digital Bank (3.50% p.a.), and Tonik Bank – Group Stash (3.25% p.a.). Promo rates can run higher on capped balances. Compare every high-yield savings account below by base rate, promo rate, balance cap, requirements, and PDIC coverage before you open one.

Reviewed by the PesoHub editorial team · Last reviewed September 24, 2026. Rates are verified against the Bangko Sentral ng Pilipinas (BSP) and each bank’s published product rates; promotional and conditional rates change often.

High-Yield Savings Account Rates 2026 (Philippine Digital Banks)

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
OwnBank	3.80%	—	No interest-earning cap stated; a Basic (non-upgraded) account has a ₱50,000 maximum balance	None; no minimum or maintaining balance	Savers comparing newer high-yield apps
Balance cap: No interest-earning cap stated; a Basic (non-upgraded) account has a ₱50,000 maximum balance Requirement: None; no minimum or maintaining balance Good for: Savers comparing newer high-yield apps
UNO Digital Bank	3.50%	—	Whole-balance rate, no stated cap: 3.00% below ₱5,000, 3.50% from ₱5,000 to below ₱5M, 1.00% from ₱5M	None; the rate depends on the end-of-day balance	Simple standard rate with no spending missions
Balance cap: Whole-balance rate, no stated cap: 3.00% below ₱5,000, 3.50% from ₱5,000 to below ₱5M, 1.00% from ₱5M Requirement: None; the rate depends on the end-of-day balance Good for: Simple standard rate with no spending missions
Tonik Bank – Group Stash	3.25%	—	No cap	None for 3.25%; owner + at least 2 participants for 3.75%	Collaborative/group savings goals
Balance cap: No cap Requirement: None for 3.25%; owner + at least 2 participants for 3.75% Good for: Collaborative/group savings goals
Tonik Bank – Solo Stash	3.25%	—	No cap	None	Goal-based solo savings
Balance cap: No cap Requirement: None Good for: Goal-based solo savings
MariBank	3.25%	—	₱1M at 3.25%; 3.75% above ₱1M	None	Everyday digital savings
Balance cap: ₱1M at 3.25%; 3.75% above ₱1M Requirement: None Good for: Everyday digital savings
NetBank	3.25%	—	No cap	₱69 end-of-day balance to earn interest	No-frills daily-compounding savings
Balance cap: No cap Requirement: ₱69 end-of-day balance to earn interest Good for: No-frills daily-compounding savings
GoTyme	3.00%	—	No cap	None	Goal-based savings (GoalSave)
Balance cap: No cap Requirement: None Good for: Goal-based savings (GoalSave)
Maya	3.00%	15.00%Conditional · ends November 30, 2026	Promo rate capped at ₱100,000	New Maya users only: sign up, upgrade and deposit ₱1,000 (existing-user boosts: October terms, November not verified)	Maya Savings new users (conditional 15% for the sign-up month); existing-user boosts unverified
Balance cap: Promo rate capped at ₱100,000 Requirement: New Maya users only: sign up, upgrade and deposit ₱1,000 (existing-user boosts: October terms, November not verified) Good for: Maya Savings new users (conditional 15% for the sign-up month); existing-user boosts unverified
CIMB	2.30%	4.15%Conditional · ends December 31, 2026	Promo bonus on up to ₱100,000 of qualifying ADB growth	Base has none; Earn More bonus needs opening-month ADB (new-to-bank) or ADB growth (existing customers)	Transfer-heavy users
Balance cap: Promo bonus on up to ₱100,000 of qualifying ADB growth Requirement: Base has none; Earn More bonus needs opening-month ADB (new-to-bank) or ADB growth (existing customers) Good for: Transfer-heavy users
Tonik Bank – Tonik Account	0.10%	—	No cap	None	Everyday wallet savings
Balance cap: No cap Requirement: None Good for: Everyday wallet savings

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

Fixed-term time deposits, such as Tonik's, lock your money for a term and are not compared here. See time deposit rates for term-specific rates, limits, and early-withdrawal terms.

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

Highest estimated rate: OwnBank at 3.80% p.a. — about ₱1,520.00 in interest over 12 months, after the 20% withholding tax, if the rate stays the same. Standard savings rates are variable and can change.

Digital bank	Base rate	Promo rate	Monthly (annualized)	Annualized interest	Balance cap	Requirement
OwnBank	3.80%	—	₱126.67	₱1,520.00	No interest-earning cap stated; a Basic (non-upgraded) account has a ₱50,000 maximum balance	None; no minimum or maintaining balance
Balance cap: No interest-earning cap stated; a Basic (non-upgraded) account has a ₱50,000 maximum balance Requirement: None; no minimum or maintaining balance
UNO Digital Bank	3.50%3.50% effective · 3.50% on the whole balance at this balance level	—	₱116.67	₱1,400.00	Whole-balance rate, no stated cap: 3.00% below ₱5,000, 3.50% from ₱5,000 to below ₱5M, 1.00% from ₱5M	None; the rate depends on the end-of-day balance
Balance cap: Whole-balance rate, no stated cap: 3.00% below ₱5,000, 3.50% from ₱5,000 to below ₱5M, 1.00% from ₱5M Requirement: None; the rate depends on the end-of-day balance
Tonik Bank – Group Stash	3.25%	—	₱108.33	₱1,300.00	No cap	None for 3.25%; owner + at least 2 participants for 3.75%
Balance cap: No cap Requirement: None for 3.25%; owner + at least 2 participants for 3.75%
Tonik Bank – Solo Stash	3.25%	—	₱108.33	₱1,300.00	No cap	None
Balance cap: No cap Requirement: None
MariBank	3.25%3.25% effective · blended · 3.25% up to ₱1,000,000, 3.75% above	—	₱108.33	₱1,300.00	₱1M at 3.25%; 3.75% above ₱1M	None
Balance cap: ₱1M at 3.25%; 3.75% above ₱1M Requirement: None
NetBank	3.25%	—	₱108.33	₱1,300.00	No cap	₱69 end-of-day balance to earn interest
Balance cap: No cap Requirement: ₱69 end-of-day balance to earn interest
GoTyme	3.00%	—	₱100.00	₱1,200.00	No cap	None
Balance cap: No cap Requirement: None
Maya	3.00%	15.00%Conditional · ends November 30, 2026	₱100.00	₱1,200.00	Promo rate capped at ₱100,000	New Maya users only: sign up, upgrade and deposit ₱1,000 (existing-user boosts: October terms, November not verified)
Balance cap: Promo rate capped at ₱100,000 Requirement: New Maya users only: sign up, upgrade and deposit ₱1,000 (existing-user boosts: October terms, November not verified)
CIMB	2.30%	4.15%Conditional · ends December 31, 2026	₱76.67	₱920.00	Promo bonus on up to ₱100,000 of qualifying ADB growth	Base has none; Earn More bonus needs opening-month ADB (new-to-bank) or ADB growth (existing customers)
Balance cap: Promo bonus on up to ₱100,000 of qualifying ADB growth Requirement: Base has none; Earn More bonus needs opening-month ADB (new-to-bank) or ADB growth (existing customers)
Tonik Bank – Tonik Account	0.10%	—	₱3.33	₱40.00	No cap	None
Balance cap: No cap Requirement: None

Estimates use simple interest on the deposit amount. The monthly and annual columns are annualized illustrations at today's published rate, not payouts for your holding period, and standard savings rates are variable and can change. Where our data defines a balance cap or rate tiers (for example Maya's promo on the first ₱100,000, or MariBank's higher rate above ₱1M), the estimate applies it. Promos that depend on things a single balance can't show — such as month-on-month balance growth or new “fresh funds” — are not estimated; those rows show the standard rate instead. Promo estimates assume you qualify for the promo rate, and are only shown inside the promo's published period — after it ends, the standard rate is used until a renewal is verified. 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.

The coverage is per depositor, per bank. If you keep more than ₱1,000,000 with a single bank, only the first ₱1,000,000 is insured. Savers with larger balances often spread deposits across two or three PDIC member banks so each balance stays within the insured limit.

One distinction matters here: e-wallet balances are not bank deposits. Money sitting in a GCash or Maya wallet is e-money regulated by the BSP, but it is not PDIC-insured. Only funds held inside a BSP-licensed bank account, such as a Maya Bank savings account or a CIMB account behind GSave, carry PDIC coverage. UITFs and other investment products sold through bank apps are not deposits either and are not covered.

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 savings yield, OwnBank reaches 3.8% p.a., ahead of UNO at 3.5% and Tonik's Stash accounts at 3.25% p.a. (Group Stash 3.75% only with a group); Tonik's time deposits reach up to 5.0% p.a. (6-month) with the ₱10,000 ADB bonus. Maya advertises up to 15% p.a., but only as a conditional new-user promo capped at ₱100,000.

Best digital bank for simple savings

GoTyme pays a flat 3% p.a. and MariBank a tiered 3.25% p.a. (3.75% only on the portion above ₱1M), both 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 (standard up to 3.5% p.a.) and NetBank (3.25% p.a.) keep the standard rate simple — no spending missions and no maintaining balance to earn it.

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.

High-Yield Savings Account Rates by Bank (2026)

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 2026-09-24.

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

3.25% p.a. (Solo Stash)

Tonik's Solo Stash earns 3.25% p.a. for goal-based saving, and the Group Stash 3.25% p.a., rising to 3.75% p.a. only when the owner saves with at least 2 participants. Tonik time deposits were restructured effective August 24, 2026 to a 3.5%–4.0% base rate, rising to up to 4.5%–5.0% p.a. (5.0% on the 6-month term) when you maintain a ₱10,000 average daily balance — no longer the older 8% figure. Note the plain Tonik Account pays just 0.10% p.a. 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. (GoalSave)

GoTyme's GoalSave pays a flat 3% p.a. on up to 5 GoalSaves, with no balance cap and no spending requirements. The everyday GoTyme deposit account does not earn interest; the 3% rate applies only to GoalSave. GoalSave is separate from GoTyme's everyday account and is not directly linked to its debit card. Check the GoTyme app for available transfer and withdrawal options. 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 (effective April 1, 2026, per Maya's page). Its headline up-to-15% p.a. promo is conditional, capped at ₱100,000, and open only to new Maya users who sign up, upgrade and deposit at least ₱1,000 into Maya Savings — they get up to 15% for their sign-up month without missions, and the excess above the cap earns the base rate. Maya's published new-user promo window runs through November 30, 2026. Maya's earlier existing-user mission boosts, published for October 1–31, 2026, are not presented as currently available: no November continuation has been verified. PDIC-insured up to ₱1,000,000.

CIMB interest rate 2026

2.30% p.a. base (up to ~4.15% promo)

CIMB's GSave/UpSave pays a 2.30% p.a. standard base rate. Its conditional Earn More promo can reach up to about 4.15% p.a. when you meet its average-daily-balance conditions — month-on-month ADB growth for existing customers, or the required ADB in the opening month for new-to-bank customers (the Earn More promo runs through December 31, 2026) — these are conditional promotional rates, not the standard rate. CIMB Prime status does not raise the GSave/UpSave base rate. CIMB is a BSP-licensed digital bank and PDIC-insured up to ₱1,000,000.

GCash (GSave) savings interest rate 2026

From 2.30% p.a. (via CIMB)

GSave inside GCash is powered by partner bank CIMB, so the base rate tracks CIMB GSave/UpSave at 2.30% p.a., with higher conditional tiers available via CIMB's Earn More promo (up to ~4.15% p.a.); CIMB Prime status does not raise the GSave/UpSave base rate. Because GSave is a partner-bank deposit, coverage and terms follow the underlying bank.

UNO Digital Bank interest rate 2026

3.5% p.a. standard

UNO Digital Bank's #UNOready savings pays 3.0% p.a. below ₱5,000, 3.5% p.a. from ₱5,000, and 1.0% p.a. once the balance reaches ₱5,000,000 — each rate applies to the whole end-of-day balance — with daily interest crediting and no spending missions. Its previously published, invitation-based "Save More, Earn More" Fresh Funds bonus had a published period of August 12 – October 31, 2026; it is not a current offer, and UNO's site showed no renewal or replacement when checked on November 3, 2026, so this page shows the standard rate only. Bonus interest already earned follows UNO's own terms and awarding schedule. UNO's Time Deposit page lists #UNOboost at up to 5.00% p.a. depending on tenure (checked November 4, 2026), while other UNO and GCash pages still show up to 5.50%, so confirm the rate in the app before booking. 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. A Basic (non-upgraded) account has a ₱50,000 maximum account balance — upgrade to hold more; OwnBank does not describe it as an interest cap. Transfers are not available on a Basic account, and OwnBank asks Basic users to upgrade (free, with one valid ID) for full and seamless cash-in and withdrawals. Its virtual Mastercard is for online purchases where Mastercard is accepted. OwnBank's rate notice effective August 27, 2025 lists its time deposits at up to 5.2% p.a. on the 360-day term; that dated notice is not a freshly verified current rate. The current mechanics of any new-user trial bonuses are unverified and excluded from this comparison. OwnBank has adjusted rates several times, so confirm the current rate and promo terms 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 BSP Policy Rates Affect Digital Bank Savings Rates

Digital bank savings rates track the Bangko Sentral ng Pilipinas policy rate, the benchmark that sets how much it costs banks to borrow. When the BSP raises its policy rate, banks compete harder for deposits and savings rates tend to rise. When the BSP cuts, banks can fund themselves more cheaply and deposit rates usually follow downward. Several of the rate cuts in the table above happened during the current easing cycle.

Most high-yield savings accounts pay a variable rate, so the bank can change it at any time. A time deposit works differently: the rate you open at is locked for the full term regardless of what the BSP does afterward. If you have funds you will not need for a fixed period and expect rates to keep falling, a time deposit locks in today's rate. The BSP Monetary Board reviews the policy rate roughly every six weeks, and those announcements are the earliest signal of where savings rates are heading.

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

High-Interest Savings Accounts Guide

Savings Account Interest Rates (Full List)

Time Deposit Rates

Time Deposit Calculator

Savings Goal Calculator

Rates Hub

Guides Hub

Source & freshness

Source

Individual bank websites and product disclosures

Updated

September 24, 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.