#best savings account philippines

Well you're in luck, as opening a savings accounts is not only much more convenient, these digital banks also provide a much higher interest as compared to your traditional banks. As of January 24, 2026, we've gathered the top 10 digital banks that provide the highest interest rate for your savings account. Additionally, we will only be looking at savings accounts and will not be discussing time deposits. To learn more about their savings accounts, time deposits, etc., Click here. Once reaching PHP 49,700.01 or higher, your account will no longer earn interest, as the total amount of your savings plus interest can only go up to PHP 50,000. Unlike some of the banks on this list, OwnBank does not require the need to upgrade your accounts in order to open up a savings account. OwnBank is also one of the easier banks to grow your money, as to open an Own It account, users may start earning interest with just ₱1, and just like some other banks on this list, you may also use this savings account to make payments. Additionally, the maximum amount users may out into their savings account is Php 100,000, with a minimum maintaining balance as low as Php 0.01. Read more in our articles including "10 Digital Banks in the Philippines Ranked Based on Interest Rates in 2026" and "Round-up: Top 10 Flagship Smartphones".