#savings interest rate Philippines

Following its update on bank transfer fees, GoTyme Bank reportedly makes yet another change to its savings interest rate. Starting March 1, 2025, its Go Save’s interest rate will drop to 3.5% per annum from its current 4% p.a. The current interest rate for both terms is at 5% p.a. During the same time last year, GoTyme Bank updated its savings interest rate, originally set at 5% down to 4% p.a. 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. Do note however, that these banks do offer promos which go slightly higher than their average interest rates, so always make sure to keep an eye out for those. BPI BanKo Annual Interest Rate: 5% BPI BanKo's annual interest rate currently goes as high as 5%, without any promos. Read more in our articles including "GoTyme Bank savings interest down to 3.5%, effective March 1st" and "10 Digital Banks in the Philippines Ranked Based on Interest Rates in 2026".