Best Digital Banks in the Philippines
Compare digital banks in the Philippines by rates, fees, safety, access, and beginner-friendly features before opening an account.
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🧮 Tool
Digital Bank Savings Interest Calculator
Compare savings interest using simple peso-friendly estimates.
Digital Bank Savings Interest Calculator
Choose the calculator that matches your bank's product, enter your rate and amount, then estimate gross interest, withholding tax, and net interest.
This calculator is for these accountsWhich accounts is this for?
- Maya Savings (base)
- OwnBank Own It
- Netbank PesoSAVERS
- UNO #UNOready Savings
- MariBank Mari Savings
Current rates
Updated June 2026
Maya Savings (base)3%
OwnBank Own It3.8%
Netbank PesoSAVERS3.25%
UNO #UNOready: your rate depends on your day-end balance and applies to your whole balance, not in layers: ₱0–4,999 → 3% · ₱5,000–4,999,999 → 3.5% · ₱5M and up → 1%.
MariBank Mari Savings: 3.25% while your balance is ₱1M or below; 3.75% once it goes above ₱1M (applies to the whole balance).
Maya boosted rate: Maya advertises up to ~15% p.a., but that promo applies only to the first ₱100,000 and needs qualifying activity. This calculator uses the base 3% (uncapped).
Value after tax₱51,543.27₱1,543.27 net interest
Estimated value₱51,929.09
Gross interest+₱1,929.09
Withholding tax (20%)₱385.82
Estimated growth over 365 days, after 20% withholding tax. Actual figures from your bank may differ slightly.
About This Tool
This calculator estimates how much your savings could earn based on the account you have in a digital bank such as Maya Bank, UNO Bank, MariBank, and others. You'll see how much of your earnings goes to the mandated 20% tax, and the total interest your money earned after the tax has been deducted.
How to use this calculator
- Pick the calculator that matches your account, such as daily savings, monthly savings, or time deposit.
- Enter your amount and the yearly interest rate. For the interest rate, check out the Current rates section below. That list is updated regularly to reflect interest rate changes.
- Set how long you'll keep the money. You can use the custom days field, or the buttons for 3, 6, or 12 month tenures.
- The results are shown below the calculator. It lists the value of your money plus the net interest it earned during the period you set, along with the total tax deducted from the gross interest.
How the three calculators differ
The Daily Savings Calculator compounds your interest daily. Every day, the interest you earn gets added to your balance. The next day, interest is calculated on that bigger balance, so over time you're earning interest on both your money and the interest it has already earned.
The Monthly Savings Calculator is almost identical to the Daily Savings Calculator. The one difference is timing: interest is calculated and added to your balance once a month rather than daily. Because compounding happens less often, your interest grows a little more slowly than with daily compounding, all else being equal.
And lastly, the Time Deposit Calculator. Here, interest is based on two things: the interest rate and the tenure (how long you lock in your money). Unlike the Daily and Monthly Savings Calculators, the interest on a time deposit isn't added along the way. You receive it in one lump sum when the deposit matures at the end of the term.
What the results mean
The Value after tax is the total money in your account after the 20% withholding tax has been deducted, based on the tenure and rate you selected in the calculator. Below it, a smaller figure shows the total interest you earned after tax.
Estimated value is the gross value, before tax is deducted.
Gross interest is the total interest your money earned, before tax is deducted.
Withholding tax (20%) is the total amount deducted from the full interest you earned.
About the rates
The "Current rates" panel lists sample rates from popular digital banks and time deposits, dated with the month they were checked. Rates, promos, balance caps, and eligibility can change at any time, and some banks (like UNO and MariBank) pay different rates depending on your balance. For the most accurate estimate, read the rate from your own bank's app or website and type that in.
When this tool helps
Use it to compare where to park short-term savings, or to check whether a daily savings, monthly savings, or time deposit is the right fit for growing your money. It works best as a quick planning tool, not a final decision-maker. Interest is only one factor. Also weigh fees, withdrawal access, transfer limits, app reliability, and whether your money sits in a PDIC-insured bank deposit or an e-wallet.
FAQs
What's the difference between the daily, monthly, and time deposit calculators?
For the Daily Savings Calculator, the interest compounds. For example, if today you have ₱10,000.00 and the interest rate is 3%, that amount will earn ₱0.82 by the end of the day. Minus the 20% tax of ₱0.16, your money becomes ₱10,000.66.
On the next day, the interest is no longer calculated based on ₱10,000.00. It's based on ₱10,000.66.
So the interest you earn is also earning interest.
It's the same case for the Monthly Savings Calculator, except that the interest is added monthly.
It's totally different for the Time Deposit Calculator. The interest is added when the deposit matures.
How much tax is taken from savings interest?
In the Philippines, interest from bank deposits is generally subject to a 20% final withholding tax, which this calculator applies automatically. That's why it shows both the gross interest and your value after tax.
Please note that only the interest you earned is taxable, not the amount you deposited in the bank.
Is the estimate guaranteed?
No. The result is a planning estimate based on the rate and period you enter, and it assumes the rate stays the same the whole time. Real returns can differ if your bank changes its rate, applies balance caps or promo conditions, or credits interest differently. Always confirm the details with your bank before moving money.
Can I use this to pick the best digital bank?
Use it as one input, not the only basis. A higher rate helps, but also compare fees, transfer limits, withdrawal access, app reliability, customer support, and whether your money sits in a PDIC-insured bank deposit or an e-wallet. The calculator shows the interest side; the rest matters just as much for where your ipon is safest.