In a time when savings accounts from digital banks are offering interest rates rivaling traditional investments, time deposits (TDs) continue to hold their appeal for those who want guaranteed, predictable earnings.
For 2025, some Philippine digital banks have stepped up with competitive TD offers, making them attractive alternatives to both low-interest brick-and-mortar banks and high-risk investments.
1-Year Time Deposit Rate: 6.5% p.a.
- 15-day: 5.3% p.a.
- 30-day: 5.5% p.a.
- 90-day: 5.8% p.a.
- 180-day: 6.0% p.a.
- 360-day: 6.5% p.a.
The appeal lies in its stability. Unlike some digital banks that slash rates after a promo period, OwnBank has kept competitive yields for years.
This makes it ideal for conservative investors who prefer certainty over surprises. Pair that with daily interest crediting on savings accounts and high-yield TDs, and you have a solid platform for steady growth.
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1-Year Time Deposit Rate: 5.75% p.a.
6-Month Time Deposit Rate: 6.0% p.a.
Maya Bank’s Time Deposit product has been drawing attention since its March 2025 update. The bank offers:
- 3 months: 5.5% p.a.
- 6 months: 6.0% p.a.
- 12 months: 5.75% p.a.
While its 1-year rate is slightly lower than OwnBank’s, Maya wins in short-term TD competitiveness. If you’re the type who doesn’t like to commit funds for too long—or wants more liquidity—Maya’s shorter tenors can give you solid returns without tying up your money for a full year.
1-Year Time Deposit Rate: 6.0% p.a.
UNO Digital Bank offers a clean, no-frills 6% p.a. on its 1-year time deposit. This makes it a solid middle ground for those who want higher returns than traditional banks without chasing promos.
UNO also offers competitive shorter terms, but its 6% 1-year option stands out for balance—good yield, stable offer, and the security of ₱1 million PDIC coverage. It’s a good option for those who want a slightly higher yield than Maya but without needing to commit to OwnBank’s full-year lock-in.
1-Year Time Deposit Rate: 5.5% p.a. (MaxSave TD)
CIMB’s MaxSave offers reasonable rates and is known for its customer-friendly account opening process, which can be done entirely online. While 5.5% p.a. is slightly lower than its top competitors, CIMB makes up for it with strong brand trust, a well-developed app, and the ability to seamlessly transfer funds between your savings and time deposit accounts.
For risk-averse savers who value stability and an established track record in the Philippine market, CIMB remains a reliable choice.
1-Year Time Deposit Rate: 6.0% p.a.
Tonik has made a name for itself with bold interest rates and creative savings products like «Stashes» and «Group Stashes.» Its 1-year time deposit sits at a competitive 6.0% p.a., matching UNO Bank’s rate and often paired with seasonal promos.
Tonik’s edge lies in its fast onboarding and quirky, gamified savings experience. While it’s relatively new compared to CIMB, it has quickly gained a loyal following among younger, tech-savvy savers.
Diversify Terms: Split your funds across different tenors so you don’t lock everything up for too long.
Monitor Rate Changes: Digital banks can adjust rates quickly, so be ready to move your funds if better options arise.
Consider Laddering: Open multiple TDs with staggered maturities to balance liquidity and returns.
Pair with High-Interest Savings: Keep some funds in a high-yield savings account for emergencies.
If you want steady, reliable returns, OwnBank’s 6.5% p.a. for 1 year is the safest high-yield choice. For a solid middle ground, UNO Bank and Tonik offer 6.0% p.a., while Maya shines in shorter terms with up to 6.0% p.a. for 6 months. CIMB offers lower rates but brings stability and strong platform reliability.
