Tonik: Online Loans & Savings

Tonik Digital Bank

About this app

Tonik is the Philippines' first neobank, proudly holding a digital bank license from the Bangko Sentral ng Pilipinas. At Tonik, we offer high-interest savings, round-the-clock customer care, and innovative services crafted to streamline your credit-building journey.

Innovative. Passionate. Customer-first. That's Tonik.

We're a 100% digital bank on a mission to revolutionize the way money works in Southeast Asia, offering only fast, easy, and secure transactions with a team of experienced bankers taking care of all your financial needs. We're a neobank that's there for you 24/7 with services that'll help you get ahead of your financial goals – that includes the Tonik Credit Builder!


TONIK CREDIT BUILDER

The Tonik Credit Builder is your partner in navigating your financial journey. Using your Tonik Account, you can start building the foundation of a strong credit history in just a few taps.

By making timely payments, consistent savings, and daily transactions, you’ll unlock financial opportunities once beyond your reach. This will pave the way for you to live your best life - your financial ever after.

Take the first step with the Tonik Credit Builder today, and let's make credit history together!

TONIK CREDIT BUILDER FEATURES:

• Fast approval and real-time disbursement to your Tonik Account

• No credit history and no collateral needed

• Minimal documents required - only 1 valid ID and a Tonik Account required

• Flexible payment date - your preferred salary payout date

• Monthly add-on interest rates as low as 4.84%

• 6, 9, and 12 months installment

• 100% digital - all loan info can be seen on the Tonik App

• Cash out the full loan amount real-time

• One bank account for application and cash disbursement

• No pre-termination or early payment fees

• With convenient and various repayment options

Annual Percentage Rate (APR) is 95%

Tonik is a digital bank licensed and regulated by the Bangko Sentral ng Pilipinas and is a member of PDIC.

Ratings and reviews

The initial borrowing experience has been swift and seamless. I haven't yet reached the payment stage, so I will update this review with my impressions of that process as well. Update: The overall loan experience was smooth and fast, with quick approval and cash disbursement. They offer reasonable interest rates; one suggestion is that they also offer shorter terms.

This app is extremely frustrating and unreliable. I tried to use it for an urgent transaction, but the OTP took almost 50 minutes to arrive. Because of this delay, the app became completely useless when I needed it the most. You can’t depend on this digital bank if you’re in a hurry — it will only cause stress and embarrassment. The user experience is very poor, and the system feels slow and unstable. A banking app should be fast and reliable, especially for security verification. Tsk

very bad experience. received a pre-approved amount for credit builder a first time user and has good credit rating only to be rejected. no one is there to help as well. they just automatically rejected the application and the reason being given to me doesnt even make sense. i got these because I want to try your OLA even receiving a lot pf messages that I am already full verified and said to ge the offer tonik is giving but then when I used it, I got declined.

What’s new

The Life of a Tonik App, now starring:

-Enhanced face verification (keep it a 100 on the land)
-Improved handling on PhilSys ID verification (ain’t gotta knock on wood)
-Updated transaction details and fees (we’ll be your father figure)
-Special cash loan offers, just for you (and your wi$h li$t)

And baby, that’s Tonik digibank for you!