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

First using this app, is so good, like I've literally found a bank app that speaks my character, but I just wanted to mention that some of the redirected doesn't have a back button, you guys might want to check that out, like in the stash after selecting create a stash, you can't go back, and also some other parts around My Profile. Hope to use this more and with the fixes included. Thanks! I love the jargons and less formal naming, it doesn't seem intimidating now for a bank app, which I like.

keeps sending notifications via app and email, even if payment was made several days before due date. UPDATED: THEY STILL KEEP SENDING MULTIPLE NOTIFICATIONS EVEN AFTER I'VE PAID SEVERAL DAYS AGO. As per their reply to this review, the notifications will STOP after the CALL is ANSWERED, not if the due was already PAID. What kind of nonsense is this?

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

What’s new

What's stranger than the Upside Down? Not using the Tonik app and these features:

- Loan offers made more accessible (than Hawkins Lab)
- Better ID capture, like Eleven's powers every season
- New billers (not demogorgons)
- In-app inbound call (so we can reach you in the Upside Down)
- Safer and improved onboarding (no surprises like Will's...)

Don't be stuck in 1983, join the Tonik Digital Bank party!