This implies that all the users' money with Tonik in their Savings Account, Stashes, and Time Deposit are insured up to PHP 500,000 per depositor by PDIC. Currently, Tonik allows users to open up to five Solo and Group Stashes and up to five Time Deposit accounts. Further, Tonik offers deposit interest rates of up to 6% per annum, free Tonik to Tonik transfers, as well as free transfers to other banks. Moreover, users may also take advantage of up to 6% annual interest for Time Deposit accounts. A time deposit is similar to a savings account, but it earns higher interest over time. Tonik, nonetheless, lets users withdraw their money anytime with no penalties and hidden charges. Read more in our articles including "Tonik Digital Bank: What you need to know" and "Acer Timeline 1825PTZ gets priced".
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Apr 29, 2026This implies that all the users' money with Tonik in their Savings Account, Stashes, and Time Deposit are insured up to PHP 500,000 per depositor by PDIC. Currently, Tonik allows users to open up to five Solo and Group Stashes and up to five Time Deposit accounts.
Further, Tonik offers deposit interest rates of up to 6% per annum, free Tonik to Tonik transfers, as well as free transfers to other banks. Moreover, users may also take advantage of up to 6% annual interest for Time Deposit accounts. A time deposit is similar to a savings account, but it earns higher interest over time.
Our coverage of Tonik Time Deposit includes: "Tonik Digital Bank: What you need to know"; "Acer Timeline 1825PTZ gets priced"; "Timex Ironman One GPS+ comes with 3G". Each article provides unique insights and information.