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Where should you park your pesos?

Enter an amount and how long you can lock it. See the best post-tax rate, your real return after inflation, and how to split a large balance to stay PDIC-insured. The gap between a Big-4 bank and a digital one is roughly 50×.

How much are you parking, and for how long?

How long can you lock it?

Best dependable rate for this horizon

Tonik Digital Bank

12-month Time Deposit · 12 months

Post-tax 4.40% Real (after 3.00% inflation) 1.36% First-year interest ₱11,000
Verified Jul 2026·source
Bank / product Gross Post-tax Real 1-yr interest
Tonik Digital Bank 12-month Time Deposit · 12 months · caps at ₱250,000 Tonik Deposit Interest Rates page (Old Rate | New Rate table, new rate effective 5 June 2026) 5.50% 4.40% 1.36% ₱11,000
Tonik Digital Bank 9-month Time Deposit · 9 months · caps at ₱250,000 Tonik Deposit Interest Rates page (new rate effective 5 June 2026) 5.00% 4.00% 0.97% ₱10,000
Tonik Digital Bank 6-month Time Deposit · 6 months · caps at ₱250,000 Tonik Deposit Interest Rates page (new rate effective 5 June 2026) 4.50% 3.60% 0.58% ₱9,000
Metrobank Online Time Deposit · 1–12 months Metrobank Online Time Deposit (rates eff. 15 May 2026) 4.13%–5.00% 3.30% 0.29% ₱16,500
MariBank Upfront Time Deposit · 3 months · unverified at the last sweep — last confirmed rate, confirm with the bank MariBank Time Deposit help-centre article 3.75% 3.00% 0.00% ₱15,000
CIMB Bank PH MaxSave Time Deposit · 3–12 months CIMB MaxSave Time Deposit rate advisory (rates effective 1 June 2026) 3.25%–4.00% 2.60% -0.39% ₱13,000
Maya Bank Time Deposit Plus (boosted) · 3, 6, or 12 months · unverified at the last sweep — last confirmed rate, confirm with the bank Maya Time Deposit Plus product page 3.00%–6.00% 2.40% -0.58% ₱12,000
Maya Bank Savings (base rate) · on-demand (liquid) Maya High-Interest Savings page 3.00% 2.40% -0.58% ₱12,000
GCash GSave (via CIMB) · on-demand (liquid) CIMB Bank PH FAQ — GSave account interest rate (base cut to 2.30% p.a. effective 1 June 2026) 2.30% 1.84% -1.13% ₱9,200
BDO Unibank Regular Peso Time Deposit · 30–360 days · unverified at the last sweep — last confirmed rate, confirm with the bank BDO Peso Time Deposit product page 0.13%–0.50% 0.10% -2.82% ₱500
BPI Regular Peso Time Deposit · 30 days–1 year · unverified at the last sweep — last confirmed rate, confirm with the bank BPI Time Deposit Accounts page 0.13%–0.50% 0.10% -2.82% ₱500

Ranked by the dependable low end of each gross rate, after the 20% CMEPA final withholding tax. Real return uses 3.00% PH inflation (Fisher). Conditional and promo rates reach higher than the dependable figure shown — see each row’s source. Rates change without notice; figures are illustrative.

What this means

  • Tonik Digital Bank 12-month Time Deposit leads at 4.40% post-tax (5.50% gross, less the 20% CMEPA tax) — about ₱11,000 in the first year on ₱250,000.

  • Real return after 3.00% inflation is 1.36% — what your money actually gains in purchasing power, not the headline rate.

  • A Big-4 regular peso time deposit (BDO Unibank, 0.10% post-tax) would earn about ₱500 — roughly ₱10,500 less per year on the same balance.

  • Tonik Digital Bank caps the earning balance at ₱250,000 per account — the rest of your ₱500,000 earns nothing there. Ladder the excess into the next-best rate.

  • Maya’s headline 6% is conditional on hitting a declared target amount and date — the dependable base is far lower, which is what the ranking uses.

Methodology, formula + sources

How this is calculated

Each product's gross rate is taken from its published rate sheet, then taxed at the 20% CMEPA final withholding (RA 12214) to a post-tax rate. The real return adjusts that for Philippine inflation using the Fisher equation. Products are ranked by the dependable low end of the gross range — promo and boosted rates that need conditions are shown but not used for ranking. First-year interest applies the post-tax rate to your balance, capped where a product limits its earning balance. PDIC laddering splits a balance above the per-bank insured ceiling.

Formula

postTax   = gross × (1 − CMEPA%)            (CMEPA = 20%)
real      = ((1 + postTax/100) / (1 + cpi/100) − 1) × 100   (Fisher)
earning   = min(balance, productCap)
interest  = earning × postTax/100           (first year, simple)
banks     = ⌈ balance / PDIC_coverage ⌉      (to stay fully insured)

Constants + data sources (each dated)

Value used Source As of
CMEPA final withholding tax: 20% on peso deposit interest (RA 12214) LiveInPH PH deposit-rate ledger 2026-07
PH headline inflation: 3.0% YoY Bangko Sentral ng Pilipinas inflation report / Philippine Statistics Authority CPI 2026
PDIC coverage: ₱1,000,000 per depositor per bank (since 15 Mar 2025) PDIC, via the deposit-rate ledger note 2025-03
Top published rate (example): Tonik Digital Bank 12-month Time Deposit — 5.50% gross Tonik Deposit Interest Rates page (Old Rate | New Rate table, new rate effective 5 June 2026) 2026-06-05

Worked example (reproduce this by hand)

₱500,000 in a Tonik Digital Bank 12-month Time Deposit at 5.50% gross, 3.0% inflation.

  1. post-tax = 5.50% × (1 − 20%) = 4.40%
  2. real = ((1 + 4.40/100) / (1 + 3.0/100) − 1) × 100 = 1.36%
  3. interest = ₱500,000 × 4.40% = ₱22,000 (first year)

→ 4.40% post-tax, 1.36% real, ≈ ₱22,000 interest. Same numbers in code, ledger, and tests.

Assumptions

  • Ranking uses the dependable low end of each gross rate; conditional/promo rates (Maya’s boosted 6%, Security Bank’s promo) reach higher but are not guaranteed.
  • First-year interest is simple (no compounding) and ignores MariBank’s upfront-payout mechanic.
  • PDIC coverage is PHP 1,000,000 per depositor per bank; the ladder assumes distinct banks or depositors with no offsetting balances.

Known limits — what this does not model

  • Does not model early-withdrawal penalties, rate changes over the term, or tax on non-deposit instruments (MP2, bonds, UITFs).
  • Big-4 and BPI rows are representative bands — those banks do not publish their regular peso TD rate sheets online.
  • Inflation uses the latest headline CPI anchor, not a forecast over the deposit term.
Last verified May 2026 · Next review Jun 2026 (monthly rate-sheet re-verify) · Full methodology + sources