What are time deposit rates?

Time deposit rates are the advertised interest rates paid on deposit products that require funds to stay in the account for a fixed period. Products may differ by tenor, minimum placement, and customer segment.

Why should I compare gross rate and tax note?

Because the headline rate is usually gross, while the amount you actually receive may be lower after final withholding tax on deposit interest. Recent Philippine guidance reflects a 20% tax environment for this type of interest income.

What is the best term length?

There is no universal best term. Shorter terms offer more flexibility, while longer terms may fit money you can leave untouched for a fixed period.

What happens if a bank changes its rate?

Banks can revise rates, remove tenors, or change product conditions. That is why this page should show notes and an update date, not just a rate number.

Is this page the same as an official bank quote?

No. This page works as a comparison reference. Final terms, exact eligibility, and product rules should still be verified with the bank directly.

What is BPI's time deposit rate?

For the BPI Peso Auto Renew Time Deposit, our table shows 0.25% p.a. for 35 days, 0.25% p.a. for 63 days, 0.375% p.a. for 91 days, 0.375% p.a. for 182 days and 0.50% p.a. for 365 days at the entry placement tier, with a minimum placement of ₱50,000. Larger placements earn more, up to 0.75% p.a. on BPI's highest placement tier. These are gross rates before the 20% final withholding tax on interest. Confirm the current rate with BPI before placing funds.

Can I open a BPI time deposit online?

Not according to BPI's own Peso Auto Renew Time Deposit page. It directs both new and existing BPI clients to visit a BPI branch to open the account, and it does not describe an online or app opening option. BPI asks clients without an existing BPI account to check its account-opening requirements before visiting.

Are time deposits PDIC-insured?

Yes, at PDIC-member banks. Time deposits are one of the deposit products PDIC insures, up to ₱1,000,000 per depositor, per bank (the maximum coverage since March 15, 2025). All your deposits at the same bank held in the same right and capacity, such as every account in your name alone across its branches, are added together toward that ₱1,000,000 limit, so opening several accounts at one bank does not increase coverage. Deposits at different banks are insured separately. Only deposit products are covered: a bank's investment products such as bonds, securities and trust accounts are not insured, and neither are deposits with non-banks such as cooperatives.

Should I use a time deposit or a savings account?

A time deposit is usually better if you can leave the money untouched for a fixed term. A savings account is usually better if you need easier access to funds.

Time Deposit Calculator and Rates Philippines

Estimate how much a time deposit will earn at maturity, then compare time deposit rates across Philippine banks by term, minimum deposit, and gross rate. Start with the calculator, then review lock-in periods and minimum placements before choosing a fixed-term deposit.

Updated October 7, 2026

Time Deposit Calculator

Enter your placement amount, the bank's advertised rate, and the term to estimate gross interest, the 20% withholding tax, and your net maturity value. Then compare current bank rates in the table below.

Deposit details

Deposit amount

₱

Annual interest rate5.50%

Term unit

Term12 months

Tax rate20%

Interest calculation method

Time deposit maturity

Estimated Net Maturity Value

₱104,400.00

after 20% tax on interest · 12 Months

Where your money sits

DepositAfter-tax interest

Your deposit96% of maturity

Deposit breakdown

Deposit amount₱100,000.00

+ Estimated Gross Interest+₱5,500.00

− Estimated Tax Withheld (20%)−₱1,100.00

Estimated After-Tax Interest₱4,400.00

Estimated Net Maturity Value₱104,400.00

Effective After-Tax Return4.40% / yr

Simple interest with the chosen withholding tax on interest income.

Your net maturity value is your original deposit plus estimated interest after tax. Actual bank returns may differ depending on compounding, promotional terms, early withdrawal rules, and bank-specific product conditions. This calculator uses simple interest and does not include compounding or special crediting rules.

Compare 3-Month, 6-Month, 12-Month, and 24-Month Time Deposit Returns

Longer terms may produce higher total interest, but they also lock your money for a longer period. Compare after-tax interest, not just the advertised annual rate — shown for a ₱100,000 deposit at 5.50%. Tap a term to apply it.

Time Deposit Comparison Table

Compare time deposit products using the factors that matter most in real use, not just the highest advertised rate.

Use this table to compare time deposit products by tenor, rate, and minimum placement. Where a row shows “up to” a higher rate, read the conditions directly under it before assuming you will earn that rate. Banks may also revise rates or remove certain terms over time.

Time deposit interest rates from Philippine banks, compared by bank and term.
Bank	Product	Term	Gross Rate (base)	Min. Deposit	Tax Note	Best For
MetrobankOnline Time Deposit180–364 days	Online Time Deposit	180–364 days	4.50%up to 5.50%	₱10,000	Gross before 20% WHT	Traditional bank online TD
Metrobank Online Time Deposit, 180–364 days: Up to 5.50% — Tiered by placement (180–364 days): ₱10,000–₱999,999 = 4.50% (the entry tier shown here); ₱1,000,000–₱9,999,999 = 5.00%; ₱10,000,000 and above = 5.50%. Full notes for Metrobank Online Time Deposit, 180–364 days Metrobank Online Time Deposit is tiered by placement amount: 4.50% p.a. is the entry-tier rate for placements of ₱10,000–₱999,999 (a typical ₱10,000 placement earns this), 5.00% applies to ₱1,000,000–₱9,999,999, and the 5.50% maximum applies only to placements of ₱10,000,000 and above. Placed via the Metrobank app/online. PesoHub displays Metrobank's 180–364 day Online Time Deposit rate for comparison; Metrobank also offers shorter Online Time Deposit tenors (30–59 and 60–179 days).
Tonik BankTime Deposit6 months	Time Deposit	6 months	4.00%up to 5.00%	₱5,000	Gross before 20% WHT	Short-term digital bank TD
Tonik Bank Time Deposit, 6 months: Up to 5.00% — +1.0% p.a. conditional bonus requires a ₱10,000 ADB in Tonik Savings for the whole term. Min ₱5,000 / max ₱100,000 per TD. Full notes for Tonik Bank Time Deposit, 6 months 4.0% p.a. base rate effective August 24, 2026. A +1.0% p.a. bonus (up to 5.0% p.a.) requires maintaining a ₱10,000 average daily balance in your Tonik Savings Account for the full term; the bonus is not earned if the ADB condition is not met. Minimum deposit PHP 5,000; maximum PHP 100,000 per Time Deposit (up to 5 active TDs). Supersedes the earlier 6%/7%/8% structure (Feb 2026) — do not use older press coverage for the current rate.
MariBankUpfront Time Deposit3 months	Upfront Time Deposit	3 months	3.75%	₱100	Interest paid upfront, net of 20% WHT	Lowest minimum / upfront interest
MariBank Upfront Time Deposit, 3 months: Conditions and notes for MariBank Upfront Time Deposit, 3 months Interest paid upfront (net of 20% WHT credited immediately). 3-month term shown. Early termination within 48 hours of placement or rollover deducts only the interest earned; after 48 hours, the upfront interest and other charges (such as documentary stamp tax) are deducted from your deposit. MariBank (formerly SeaBank) Upfront Time Deposit: 3.75% p.a. on the 3-month term shown here, minimum ₱100. MariBank's app listings also advertise a 1-month option; we have not confirmed that it is open to every customer. Net interest (after 20% withholding tax) is credited upfront when the deposit is placed. Early termination may result in deductions from your deposit, including upfront interest and applicable charges. The amount returned may be less than your original principal. Backed by Sea Group (Shopee); BSP-licensed digital bank.
Tonik BankTime Deposit9 months	Time Deposit	9 months	3.50%up to 4.50%	₱5,000	Gross before 20% WHT	Mid-term digital bank TD
Tonik Bank Time Deposit, 9 months: Up to 4.50% — +1.0% p.a. conditional bonus requires a ₱10,000 ADB in Tonik Savings for the whole term. Min ₱5,000 / max ₱100,000 per TD. Full notes for Tonik Bank Time Deposit, 9 months 3.5% p.a. base rate. A +1.0% p.a. bonus (up to 4.5% p.a.) requires maintaining a ₱10,000 average daily balance in your Tonik Savings Account for the full term; the bonus is not earned if the ADB condition is not met. Minimum deposit PHP 5,000; maximum PHP 100,000 per Time Deposit.
Tonik BankTime Deposit12 months	Time Deposit	12 months	3.50%up to 4.50%	₱5,000	Gross before 20% WHT	Long-term digital bank TD
Tonik Bank Time Deposit, 12 months: Up to 4.50% — +1.0% p.a. conditional bonus requires a ₱10,000 ADB in Tonik Savings for the whole term. Min ₱5,000 / max ₱100,000 per TD. Tonik's FAQs conflict on how many 12-month TDs you may hold; confirm in the app. Full notes for Tonik Bank Time Deposit, 12 months 3.5% p.a. base rate (same 3.5% base applies to 18- and 24-month terms). A +1.0% p.a. bonus (up to 4.5% p.a.) requires maintaining a ₱10,000 average daily balance in your Tonik Savings Account for the full term; the bonus is not earned if the ADB condition is not met. Minimum deposit PHP 5,000; maximum PHP 100,000 per Time Deposit. You can hold up to 5 active Tonik TDs; Tonik's FAQs give conflicting answers on how many may be 12-month TDs, so confirm in the Tonik app.
Tonik BankTime Deposit18 months	Time Deposit	18 months	3.50%up to 4.50%	₱5,000	Gross before 20% WHT	Longer-term digital bank TD
Tonik Bank Time Deposit, 18 months: Up to 4.50% — +1.0% p.a. conditional bonus requires a ₱10,000 ADB in Tonik Savings for the whole term. Min ₱5,000 / max ₱100,000 per TD. Full notes for Tonik Bank Time Deposit, 18 months 3.5% p.a. base rate (same 3.5% base as the 12- and 24-month terms). A +1.0% p.a. bonus (up to 4.5% p.a.) requires maintaining a ₱10,000 average daily balance in your Tonik Savings Account for the full term; the bonus is not earned if the ADB condition is not met. Minimum deposit PHP 5,000; maximum PHP 100,000 per Time Deposit.
Tonik BankTime Deposit24 months	Time Deposit	24 months	3.50%up to 4.50%	₱5,000	Gross before 20% WHT	Long-term digital bank TD
Tonik Bank Time Deposit, 24 months: Up to 4.50% — +1.0% p.a. conditional bonus requires a ₱10,000 ADB in Tonik Savings for the whole term. Min ₱5,000 / max ₱100,000 per TD. Full notes for Tonik Bank Time Deposit, 24 months 3.5% p.a. base rate (same 3.5% base as the 12- and 18-month terms). A +1.0% p.a. bonus (up to 4.5% p.a.) requires maintaining a ₱10,000 average daily balance in your Tonik Savings Account for the full term; the bonus is not earned if the ADB condition is not met. Minimum deposit PHP 5,000; maximum PHP 100,000 per Time Deposit.
CIMBMaxSave — CIMB Prime rate3 monthsNot available for new placements	MaxSave — CIMB Prime rate	3 monthsNot available for new placements	3.50%	₱5,000	Gross before 20% WHT	GCash-accessible TD
CIMB MaxSave — CIMB Prime rate, 3 months: Conditions and notes for CIMB MaxSave — CIMB Prime rate, 3 months CIMB Prime is a preferred customer segment on the MaxSave product — not a separate TD product. Effective August 1, 2026 the Prime MaxSave rates were aligned with the Regular MaxSave rates. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Prime 3-month rate is 3.5% p.a. for new placements and renewals on or after August 1, 2026 (reduced from 4.0%); existing placements keep their contracted rate until maturity. The 3-month tenor is also temporarily unavailable for NEW placements from August 26, 2026 (see availability); existing 3-month placements keep their rate through maturity. GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD.
CIMBMaxSave — CIMB Prime rate6 months	MaxSave — CIMB Prime rate	6 months	3.50%	₱5,000	Gross before 20% WHT	GCash-accessible TD
CIMB MaxSave — CIMB Prime rate, 6 months: Conditions and notes for CIMB MaxSave — CIMB Prime rate, 6 months CIMB Prime is a preferred customer segment on the MaxSave product — not a separate TD product. Effective August 1, 2026 the Prime MaxSave rates were aligned with the Regular MaxSave rates. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Prime tiered rates effective August 1, 2026: 3.5% p.a. (3-month), 3.5% p.a. (6-month), 3.25% p.a. (12-month) — reduced from 4.0%/4.0%/3.75%. The new rates apply to new placements and renewals on or after August 1, 2026; existing placements keep their contracted rate until maturity. GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD. The 24-month tenor was discontinued effective April 14, 2026 — verify the current tenor rate in the CIMB app.
CIMBMaxSave — Regular rate3 monthsNot available for new placements	MaxSave — Regular rate	3 monthsNot available for new placements	3.50%	₱5,000	Gross before 20% WHT	Low minimum deposit
CIMB MaxSave — Regular rate, 3 months: Conditions and notes for CIMB MaxSave — Regular rate, 3 months Regular (non-Prime) MaxSave rate. Since August 1, 2026 the CIMB Prime MaxSave rate matches this Regular rate on the same product. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Regular 3-month rate is 3.5% p.a. The 3-month tenor is temporarily unavailable for NEW placements from August 26, 2026 (see availability); existing 3-month placements keep this rate through maturity. GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD.
CIMBMaxSave — Regular rate6 months	MaxSave — Regular rate	6 months	3.50%	₱5,000	Gross before 20% WHT	Low minimum deposit
CIMB MaxSave — Regular rate, 6 months: Conditions and notes for CIMB MaxSave — Regular rate, 6 months Regular (non-Prime) MaxSave rate. Since August 1, 2026 the CIMB Prime MaxSave rate matches this Regular rate on the same product. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Regular 6-month rate is 3.5% p.a. GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD. This rate structure took effect June 1, 2026 per CIMB's MaxSave Time Deposit advisory.
MayaTime Deposit Plus3 months	Time Deposit Plus	3 months	3.50%up to 5.50%under review	₱5,000	Gross before 20% WHT	Conditional boosted digital TD
Maya Time Deposit Plus, 3 months: Up to 5.50% — Boosted rate requires reaching your target amount and completing the term. Interest on max ₱1,000,000 balance.This maximum is unresolved and under review. It is the figure currently stored, not an independently confirmed rate. Full notes for Maya Time Deposit Plus, 3 months Maya Time Deposit Plus pays an unconditional guaranteed base of 3.5% p.a. for accounts opened from October 1, 2026 (previously 3.0%); the base is earned whether or not you reach your target. A boosted rate applies on top only when you reach your target amount and complete the full term. PesoHub currently stores 5.5% as the 3-month boosted maximum, but Maya's own pages disagree on the boosted maximums, so that figure is unresolved and under review, not confirmed. Total goal of at least ₱5,000 needed to earn boosted interest. Interest applies to a maximum balance of ₱1,000,000 per account.
MayaTime Deposit Plus6 months	Time Deposit Plus	6 months	3.50%up to 6.00%under review	₱5,000	Gross before 20% WHT	Conditional boosted digital TD
Maya Time Deposit Plus, 6 months: Up to 6.00% — Boosted rate requires reaching your target amount and completing the term. PesoHub currently stores boosted maximums of 5.5% (3-mo), 6.0% (6-mo) and 5.75% (12-mo), matching Maya's tenor cards; Maya's own pages disagree on these figures, so they are unresolved. Interest on max ₱1,000,000 balance.This maximum is unresolved and under review. It is the figure currently stored, not an independently confirmed rate. Full notes for Maya Time Deposit Plus, 6 months Maya Time Deposit Plus pays an unconditional guaranteed base of 3.5% p.a. for accounts opened from October 1, 2026 (previously 3.0%); the base is earned whether or not you reach your target. A boosted rate applies on top only when you reach your target amount and complete the full term. PesoHub currently stores 6.0% as the 6-month boosted maximum, but Maya's own pages disagree on the boosted maximums, so that figure is unresolved and under review, not confirmed. There is no traditional opening minimum, but a total goal of at least ₱5,000 is needed to earn boosted interest. Interest applies to a maximum balance of ₱1,000,000 per account (up to 5 accounts).
MayaTime Deposit Plus12 months	Time Deposit Plus	12 months	3.50%up to 5.75%under review	₱5,000	Gross before 20% WHT	Conditional boosted digital TD
Maya Time Deposit Plus, 12 months: Up to 5.75% — Boosted rate requires reaching your target amount and completing the term. Interest on max ₱1,000,000 balance.This maximum is unresolved and under review. It is the figure currently stored, not an independently confirmed rate. Full notes for Maya Time Deposit Plus, 12 months Maya Time Deposit Plus pays an unconditional guaranteed base of 3.5% p.a. for accounts opened from October 1, 2026 (previously 3.0%); the base is earned whether or not you reach your target. A boosted rate applies on top only when you reach your target amount and complete the full term. PesoHub currently stores 5.75% as the 12-month boosted maximum, but Maya's own pages disagree on the boosted maximums, so that figure is unresolved and under review, not confirmed. Total goal of at least ₱5,000 needed to earn boosted interest. Interest applies to a maximum balance of ₱1,000,000 per account.
CIMBMaxSave — CIMB Prime rate12 months	MaxSave — CIMB Prime rate	12 months	3.25%	₱5,000	Gross before 20% WHT	GCash-accessible TD
CIMB MaxSave — CIMB Prime rate, 12 months: Conditions and notes for CIMB MaxSave — CIMB Prime rate, 12 months CIMB Prime is a preferred customer segment on the MaxSave product — not a separate TD product. Effective August 1, 2026 the Prime MaxSave rates were aligned with the Regular MaxSave rates. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Prime 12-month rate is 3.25% p.a. for new placements and renewals on or after August 1, 2026 (reduced from 3.75%); existing placements keep their contracted rate until maturity. GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD. The 24-month tenor was discontinued effective April 14, 2026 — verify the current tenor rate in the CIMB app.
CIMBMaxSave — Regular rate12 months	MaxSave — Regular rate	12 months	3.25%	₱5,000	Gross before 20% WHT	Low minimum deposit
CIMB MaxSave — Regular rate, 12 months: Conditions and notes for CIMB MaxSave — Regular rate, 12 months Regular (non-Prime) MaxSave rate. Since August 1, 2026 the CIMB Prime MaxSave rate matches this Regular rate on the same product. Min ₱5,000 / max ₱1,000,000 per TD. CIMB MaxSave Regular tiered rates: 3.5% p.a. (3-month), 3.5% p.a. (6-month), 3.25% p.a. (12-month). GCash-accessible. Minimum placement ₱5,000, maximum ₱1,000,000 per TD. This rate structure took effect June 1, 2026 per CIMB's MaxSave Time Deposit advisory — verify the current tenor rate in the CIMB app.
BPIPeso Auto Renew Time Deposit365 days	Peso Auto Renew Time Deposit	365 days	0.50%up to 0.75%	₱50,000	Gross before 20% WHT	Traditional bank users
BPI Peso Auto Renew Time Deposit, 365 days: Up to 0.75% — Tiered by placement amount (365 days): ₱50,000–₱499,999 = 0.50%; ₱500,000–₱999,999 = 0.50%; ₱1,000,000–₱4,999,999 = 0.50%; ₱5,000,000 and above = 0.75%. Terms: 35/63/91/182/365 days. Full notes for BPI Peso Auto Renew Time Deposit, 365 days BPI Peso Auto Renew Time Deposit, 365-day term. Placements from ₱50,000 to ₱4,999,999 earn 0.50% p.a.; 0.75% p.a. applies from ₱5,000,000. Minimum placement ₱50,000. The placement renews automatically at maturity. Confirm the exact current rate with BPI before placing funds.
BPIPeso Auto Renew Time Deposit182 days	Peso Auto Renew Time Deposit	182 days	0.375%up to 0.75%	₱50,000	Gross before 20% WHT	Traditional bank users
BPI Peso Auto Renew Time Deposit, 182 days: Up to 0.75% — Tiered by placement amount (182 days): ₱50,000–₱499,999 = 0.375%; ₱500,000–₱999,999 = 0.50%; ₱1,000,000–₱4,999,999 = 0.50%; ₱5,000,000 and above = 0.75%. Full notes for BPI Peso Auto Renew Time Deposit, 182 days BPI Peso Auto Renew Time Deposit, 182-day term. A ₱50,000–₱499,999 placement earns 0.375% p.a. Larger placements earn more on this term: 0.50% p.a. from ₱500,000 to ₱4,999,999, and 0.75% p.a. from ₱5,000,000. Minimum placement ₱50,000. The placement renews automatically at maturity. Confirm the exact current rate with BPI before placing funds.
BPIPeso Auto Renew Time Deposit91 days	Peso Auto Renew Time Deposit	91 days	0.375%up to 0.625%	₱50,000	Gross before 20% WHT	Traditional bank users
BPI Peso Auto Renew Time Deposit, 91 days: Up to 0.625% — Tiered by placement amount (91 days): ₱50,000–₱499,999 = 0.375%; ₱500,000–₱999,999 = 0.50%; ₱1,000,000–₱4,999,999 = 0.50%; ₱5,000,000 and above = 0.625%. Full notes for BPI Peso Auto Renew Time Deposit, 91 days BPI Peso Auto Renew Time Deposit, 91-day term. A ₱50,000–₱499,999 placement earns 0.375% p.a. Larger placements earn more on this term: 0.50% p.a. from ₱500,000 to ₱4,999,999, and 0.625% p.a. from ₱5,000,000. Minimum placement ₱50,000. The placement renews automatically at maturity. Confirm the exact current rate with BPI before placing funds.
BPIPeso Auto Renew Time Deposit63 days	Peso Auto Renew Time Deposit	63 days	0.25%up to 0.625%	₱50,000	Gross before 20% WHT	Traditional bank users
BPI Peso Auto Renew Time Deposit, 63 days: Up to 0.625% — Tiered by placement amount (63 days): ₱50,000–₱499,999 = 0.25%; ₱500,000–₱999,999 = 0.50%; ₱1,000,000–₱4,999,999 = 0.50%; ₱5,000,000 and above = 0.625%. Full notes for BPI Peso Auto Renew Time Deposit, 63 days BPI Peso Auto Renew Time Deposit, 63-day term. A ₱50,000–₱499,999 placement earns 0.25% p.a. Larger placements earn more on this term: 0.50% p.a. from ₱500,000 to ₱4,999,999, and 0.625% p.a. from ₱5,000,000. Minimum placement ₱50,000. The placement renews automatically at maturity. Confirm the exact current rate with BPI before placing funds.
BPIPeso Auto Renew Time Deposit35 days	Peso Auto Renew Time Deposit	35 days	0.25%up to 0.50%	₱50,000	Gross before 20% WHT	Traditional bank users
BPI Peso Auto Renew Time Deposit, 35 days: Up to 0.50% — Tiered by placement amount (35 days): ₱50,000–₱499,999 = 0.25%; ₱500,000–₱999,999 = 0.375%; ₱1,000,000–₱4,999,999 = 0.375%; ₱5,000,000 and above = 0.50%. Full notes for BPI Peso Auto Renew Time Deposit, 35 days BPI Peso Auto Renew Time Deposit, 35-day term (BPI's shortest). A ₱50,000–₱499,999 placement earns 0.25% p.a. Larger placements earn more on this term: 0.375% p.a. from ₱500,000 to ₱4,999,999, and 0.50% p.a. from ₱5,000,000. Minimum placement ₱50,000. The placement renews automatically at maturity. Confirm the exact current rate with BPI before placing funds.
BDOPeso Time Deposit30–90 days	Peso Time Deposit	30–90 days	0.125%up to 0.25%	₱1,000	Gross before 20% WHT	Short-term placements
BDO Peso Time Deposit, 30–90 days: Up to 0.25% — Tiered by placement amount (30–90 days): ₱1,000 to below ₱1M = 0.125%; ₱1M and above = 0.250% (the 30–90-day maximum). The 180/360-day terms use a separate ladder: 0.125% below ₱100k, 0.250% from ₱100k, 0.375% from ₱1M, 0.500% from ₱5M. Full notes for BDO Peso Time Deposit, 30–90 days BDO Peso Time Deposit, 30-, 60- or 90-day term, from ₱1,000. BDO publishes one rate ladder for all three short terms, tiered by placement amount. The grossRate shown is the ₱1,000 minimum/entry tier: placements from ₱1,000 to below ₱1 million earn 0.125% p.a. From ₱1 million upward (including ₱20 million and over) the 30–90-day rate is 0.250% p.a., the highest short-term rate. The 180- and 360-day terms use a different ladder that reaches 0.500% p.a.; that rate is NOT available on 30–90-day terms. Indicative — confirm with a BDO branch.
BDOPeso Time Deposit180 days	Peso Time Deposit	180 days	0.125%up to 0.50%	₱1,000	Gross before 20% WHT	Traditional bank users
BDO Peso Time Deposit, 180 days: Up to 0.50% — Tiered by placement amount (0.125%–0.50% p.a.). Entry tier (₱1,000 to below ₱100,000) = 0.125%; ₱100,000+ tiers earn more (≈0.25% around the ₱100,000 tier); ~0.50% only at much larger placements. Full notes for BDO Peso Time Deposit, 180 days BDO Peso Time Deposit can be opened from ₱1,000 with terms of 30/60/90/180/360 days. Rates are tiered by placement amount within roughly 0.125%–0.50% p.a. The grossRate shown is the ₱1,000 minimum/entry tier: placements from ₱1,000 to below ₱100,000 earn 0.125% p.a. Larger balances earn higher tier rates — the ₱100,000 tier is around 0.25% p.a., and 0.50% p.a. applies only to much larger placements, so it is NOT the entry-tier rate. Indicative — confirm with a BDO branch.
BDOPeso Time Deposit360 days	Peso Time Deposit	360 days	0.125%up to 0.50%	₱1,000	Gross before 20% WHT	Traditional bank users
BDO Peso Time Deposit, 360 days: Up to 0.50% — Tiered by placement amount (0.125%–0.50% p.a.). Entry tier (₱1,000 to below ₱100,000) = 0.125%; ₱100,000+ tiers earn more (≈0.25% around the ₱100,000 tier); ~0.50% only at much larger placements. Full notes for BDO Peso Time Deposit, 360 days BDO Peso Time Deposit, 360-day term, from ₱1,000. Rates are tiered by placement amount within roughly 0.125%–0.50% p.a. The grossRate shown is the ₱1,000 minimum/entry tier: placements from ₱1,000 to below ₱100,000 earn 0.125% p.a. The ₱100,000 tier is around 0.25% p.a.; 0.50% p.a. applies only to much larger placements and is NOT the entry-tier rate. Indicative — confirm with a BDO branch.

Rates, terms, and product details may change. Always verify the latest bank terms before placing funds.

Time Deposit Rates Are Usually Shown Before Tax

Banks often show time deposit rates as gross annual rates. But interest income from bank deposits is generally subject to final withholding tax, which means your actual earnings may be lower than the headline rate. Recent BIR guidance and bank advisories reflect a 20% final withholding tax environment for deposit interest.

4.00%

gross rate

≈ 3.20%

after 20% withholding tax

5.00%

gross rate

≈ 4.00%

after 20% withholding tax

6.00%

gross rate

≈ 4.80%

after 20% withholding tax

Use gross rates for comparison, but keep after-tax return in mind when deciding where to place your money.

Why Term Length Matters

A longer time deposit term may offer a different rate from a shorter one, but it also means your funds are locked in longer. The best option depends on whether you value flexibility or are willing to commit for a higher or more stable return.

shorter terms may suit parked cash
longer terms may suit planned savings you will not need immediately
a higher rate may not be worth it if the lock-in is too restrictive

Why Minimum Deposit Matters

Some time deposit products are accessible with smaller starting amounts, while others require a much larger placement. This is one of the biggest practical filters users apply when comparing rates, so it should be easy to scan in the table.

Lower minimum deposit

May be more useful if you are testing a product for the first time or starting with a smaller amount.

Higher minimum deposit

May be acceptable if the product fits a larger parked-cash strategy or if you already have the funds available.

Why Notes Matter on a Time Deposit Page

Time deposit products can change over time. A product may revise rates, remove certain tenors, or apply different rates based on customer segment. CIMB Bank PH, for example, reduced its MaxSave Prime rates effective August 1, 2026 — the new rates apply to new placements and renewals on or after that date, while existing placements keep their contracted rate until maturity. It set the current Regular MaxSave rate structure effective June 1, 2026, and discontinued the 24-month tenor for new placements effective April 14, 2026 (existing 24-month placements keep their original agreed terms).

That is why a good comparison page needs:

clearly visible rate conditions and accessible product notes
a visible update date
clear distinction between current and older terms
careful handling of promotional or segment-based rates

Quick Picks by Deposit Need

Start with the kind of time deposit setup you want, not just the highest published number.

Best for Short-Term Parking

Best for users who want a shorter lock-in period and easier access after maturity.

Best for Longer-Term Return

Best for users who can leave funds untouched for a longer period.

Best for Lower Minimum Deposit

Best for users who want to start with a smaller placement amount.

Best for Digital-First Access

Best for users who prefer app-based banks or digital account opening.

Best for Simpler Product Terms

Best for users who want easier-to-understand rate structures.

Want to Estimate Your Return?

After comparing rates, use the Time Deposit Calculator to estimate gross interest, after-tax interest, and maturity amount for a specific deposit scenario.

USE THE TIME DEPOSIT CALCULATOR

How we compare time deposits

PesoHub compares time deposit products using publicly available product information such as advertised gross rates, term lengths, minimum deposit requirements, and product 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

Time Deposit vs Savings Account

Time Deposit Calculator

Best Savings Interest Rates

Rates Hub

Savings Goal Calculator

Guides Hub

Source & freshness

Source

Individual bank websites and product disclosures

Updated

October 7, 2026

Review cycle

Every 2 weeks

Time deposit 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, and product tenors may be revised or removed. Always verify the current rate and terms directly with the bank before placing funds. This page is not affiliated with any bank listed.