Tonik Bank: Loans & Deposits

Tonik Digital Bank

About this app

Meet Tonik, the Philippines' first neobank proudly licensed by the Bangko Sentral ng Pilipinas—your perfect match for instant loans, high-interest savings, and 24/7 customer care. Build your credit in just a few taps but with a whole lot of love.

What's a neobank? Think 0% boring and 100% digital. We're here to completely transform how money works in Southeast Asia with quick, simple, and secure transactions every time.

Looking for an online loan app? Easy, baby - why not go with a leading digital banking app that’s got everything! Whether you need quick cash or wanna boost your credit profile, loan products like our Credit Builder Loan's got your back. No long forms, no hidden catches.

Build credit fast, fall in love hard. Download Tonik now!

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

Since signing up for this app, I have been receiving numerous scam text messages and phone calls related to loans. This has made me very concerned about the security and privacy of my personal information. Another major issue is that there is no clear option to delete or permanently close my account within the app. Users should have the ability to easily remove their accounts and personal data if they no longer wish to use the

👍 Great. i love the payhinga feature of this app. i was able to relax a montth of no due date to worry about. I've tried the stash account, and i did really earn an interest at the end of the month. But please, please.... stop your auto email reminding me EVERYDAY 😤 about my upcoming dues even though i've already paid up the latest one. dont flood my email, coz Microsoft keep it quarantine, and your email won't go through in time.

PROS Has the highest time deposit interest rates I've seen so far. CONS Transfer fees apply, unlike UnionDigital Bank which is FREE of charge as of this writing. PERSONAL DISLIKE I'm not a fan of the way they designed the app to use "Luv" as a term of endearment when referring to me as a customer. I prefer just using my first name. There's no need to pretend it has the personality of a UK local because it's an app! Keep it simple.

What’s new

Minor Bug Fixes