Even before the pandemic started, digital banks have been existing to help Filipinos open their own bank accounts. Apart from removing the usual maintaining balance that major banks usually offer their savings account, these digital banks offer convenience to their customers. We give you the list of some digital banks that you should try to enjoy cashless payments for 2021. Author's note: The following digital banks are a member of Philippine Deposit Insurance Corporation (PDIC) and regulated by the Bangko Sentral ng Pilipinas (BSP). Do note that these digital banks offer financial products and services processed through a digital platform and/or electronic channels with no physical branches. ING Philippines Popular for its paperless application and high-interest rates, ING is one of the Philippines' l banks. Do note that applicants should be 18 years old and older and Filipino citizens or residents of the Philippines. Download: iOS, Android CIMB Bank Philippines CIMB Bank Philippines is an all-digital, mobile-first bank in the country with over 2 million customers. Read more in our articles including "Digital Banks You Should Try in 2021" and "Banks, e-wallets face new BSP rules on digital payment fees".
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May 29, 2026Even before the pandemic started, digital banks have been existing to help Filipinos open their own bank accounts. Apart from removing the usual maintaining balance that major banks usually offer their savings account, these digital banks offer convenience to their customers.
We give you the list of some digital banks that you should try to enjoy cashless payments for 2021. Author's note: The following digital banks are a member of Philippine Deposit Insurance Corporation (PDIC) and regulated by the Bangko Sentral ng Pilipinas (BSP). Do note that these digital banks offer financial products and services processed through a digital platform and/or electronic channels with no physical branches.
Our coverage of Digital banks in the Philippines includes: "Digital Banks You Should Try in 2021"; "Banks, e-wallets face new BSP rules on digital payment fees"; "10 Digital Banks in the Philippines Ranked Based on Interest Rates in 2026". Each article provides unique insights and information.