1. GoTyme Bank – Big Savings, Big Rewards
GoTyme Bank has hit an impressive milestone of 5 million users just two years since its launch. To celebrate, the bank is bringing back its 5% annual savings rate from 1 January to 28 February 2025—a rate with no limits, no conditions, and no missions. Known for its convenient kiosk-based account setup and high rewards, GoTyme is perfect for those looking for straightforward savings and spending solutions.
Why Try It: Effortless account creation, robust rewards, and one of the most competitive savings rates in the market.
Standout Feature: Easy account setup via kiosks located in Robinsons malls and other partner locations.
PULSE Recommends: Take advantage of the 5% savings rate promotion to boost your money effortlessly.
2. CIMB Bank Philippines – Digital Banking Made Easy
CIMB Bank continues to lead the way in digital banking with attractive savings rates, no fees, and seamless integration with popular platforms like GCash. It’s an excellent option for Filipinos who want to save and transact without stepping into a traditional bank branch.
Why Try It: Offers up to 2.6% annual interest, zero monthly fees, and no minimum balance requirements.
Standout Feature: The GSave account, integrated within GCash, makes saving as easy as a few taps.
PULSE Recommends: Open a CIMB UpSave account to maximize your savings with minimal effort.
3. Tonik Digital Bank – High-Yield Savings
Tonik is a pioneer in digital-only banking in the Philippines. Known for its competitive interest rates and unique features like goal-based savings, it’s an excellent choice for individuals looking to grow their money quickly and securely.
Why Try It: Earn up to 6% annual interest on time deposits and enjoy the flexibility of personalized savings tools.
Standout Feature: Their Group Stashes allow users to save with friends or family for shared goals.
PULSE Recommends: Try the Time Deposit feature for a guaranteed way to grow your savings.
4. Maya Bank – All-in-One Financial App
Formerly known as PayMaya, Maya Bank combines an e-wallet with high-yield savings, credit products, and even crypto investments. Its user-friendly app makes it a one-stop shop for all your financial needs.
Why Try It: Earn up to 4.5% annual interest on savings while managing payments, investments, and more in a single app.
Standout Feature: Integrated crypto options for users looking to diversify their investments.
PULSE Recommends: Explore Maya’s high-yield savings account for effortless growth while handling your everyday transactions.
5. SeaBank Philippines – Shop and Save
Powered by the same group behind Shopee, SeaBank is a digital bank designed for savvy shoppers and savers. It offers an unbeatable combination of high savings rates and zero transaction fees, making it a favorite among online shoppers.
Why Try It: 5% annual interest, no hidden fees, and easy integration with ShopeePay.
Standout Feature: Effortless savings growth while managing online shopping expenses.
PULSE Recommends: Use SeaBank to link with your Shopee account for seamless saving and spending.
Why Consider These Banks?
With competitive savings rates, user-friendly apps, and innovative features, these banks are redefining the Filipino banking experience. Whether you’re looking to save more, spend smarter, or manage your finances seamlessly, these options offer something for everyone.
Start exploring today and make 2025 your most financially rewarding year yet!