Tonik - Fast Loans & Deposits

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

I tried loaning from this app. I was asked to wait for 24 hrs but it has been 2 days and it still hasn't arrived so I decided to delete my account. There was no option in deleting the account so I contacted their customer service and they ask too many questions. They're also gathering information on Savings Account even when I already told them I don't have one. Then they procedeed to tell me that they cannotgrant my request. Such a SCAM app. I have screenshots. DON'T USE THIS APP!!!

I have sent thousands to another bank, and I have yet to receive it. Was told that Instapay does not work but it isn't disabled from the app? What more, since Instapay does not work and Pesonet only works on weekdays, my money is basically trapped in Tonik until they freaking solve their app issues. Been a long time user tho. This is sad Update: they gave back my money after a day. Edit to 4 stars

adding IDs with the ID scanner was the most difficult experience ever. There's no option to just upload a photo or a capture button to make sure you took the damn photo of the document. Instead you have to wait if the AI gets it, which it doesn't, putting the process in idle and makes you go back to step 1.

What's new

Improved Loan Application Journey for Credit Builder and Shop Installment Loans
Changes to the Tonik Physical Card ordering process to support the promo
Added new Billers (stay tuned)