Philippine Time Deposit Calculator — Compare 2025 Digital Bank Rates
Looking for the best time deposit rates in the Philippines this 2025?
This calculator helps you instantly compute your earnings from top digital banks — including Maya, CIMB, Tonik, GoTyme, DiskarTech, BanKo, MariBank, UNO Bank, and OwnBank.
You can compare interest rates, see monthly growth, and find out how much tax you’ll pay on your savings — all in one tool.
Updated as of November 2025, this guide gives you everything you need to plan your savings, calculate your withholding tax, and find which bank offers the highest time deposit rate in the Philippines today.
Maya Time Deposit Calculator
Monthly Breakdown
Annual Rate: -
Total Gross Interest: -
Withholding Tax (20%): -
Net Interest After Tax: -
Final Balance: -
| Month | Interest (₱) | Tax (₱) | Net (₱) | Balance (₱) |
|---|
What Is a Time Deposit?
A time deposit (or term deposit) is a savings product where you lock in your money for a fixed period — typically 3, 6, or 12 months — and earn a higher interest rate than a regular savings account.
You can’t withdraw it early without penalty, but in exchange, you get guaranteed growth with minimal risk.
Time deposits are ideal if you want:
A secure, low-risk investment
Predictable returns over a specific term
Higher interest rates compared to regular savings
Philippine Digital Bank Time Deposit Rates (as of November 2025)
| Digital Bank | 3 Months | 6 Months | 12 Months | Maximum Rate (p.a.) |
|---|---|---|---|---|
| Maya Bank | 5.00% | 6.00% | 6.50% | 8.00% (Personal Goal) |
| CIMB Bank PH | 4.50% | 5.50% | 6.00% | 6.00% |
| GoTyme Bank | 4.25% | 5.25% | 5.75% | 5.75% |
| Tonik Bank | 5.00% | 5.50% | 6.00% | 6.00% |
| DiskarTech (RCBC) | 4.00% | 4.50% | 5.00% | 5.00% |
| BanKo (BDO Network) | 3.50% | 4.00% | 4.50% | 4.50% |
| MariBank | 5.00% | 5.50% | 6.00% | 6.00% |
| OwnBank | 4.25% | 4.75% | 5.50% | 5.50% |
| UNO Bank | 4.50% | 5.25% | 6.00% | 6.00% |
📅 Rates are indicative and may change. Always check your bank’s official app or website before opening an account.
Example: Maya Time Deposit Plus Calculation
Let’s say you invest ₱100,000 in Maya Time Deposit Plus for 6 months at 6% p.a.
| Month | Gross Interest | 20% Tax | Net Interest | Balance (₱) |
|---|---|---|---|---|
| 1 | ₱500.00 | ₱100.00 | ₱400.00 | ₱100,400.00 |
| 2 | ₱502.00 | ₱100.40 | ₱401.60 | ₱100,801.60 |
| 3 | ₱504.00 | ₱100.80 | ₱403.20 | ₱101,204.80 |
| 4 | ₱506.00 | ₱101.20 | ₱404.80 | ₱101,609.60 |
| 5 | ₱508.00 | ₱101.60 | ₱406.40 | ₱102,016.00 |
| 6 | ₱510.00 | ₱102.00 | ₱408.00 | ₱102,424.00 |
Total Gross Interest: ₱3,030.00
Total Tax: ₱606.00
Net Interest: ₱2,424.00
Final Balance: ₱102,424.00
This shows how compounding and tax affect your final earnings.
How the Withholding Tax Works
In the Philippines, time deposit interest is subject to 20% final withholding tax.
The tax is automatically deducted by the bank, so what you receive in your account is already net of taxes.
Example:
If your gross interest is ₱1,000 → 20% tax = ₱200 → ₱800 net credited.
This is why calculators like this help you see the real, take-home growth of your savings — not just the advertised rates.
How to Use the Time Deposit Calculator?
Enter your deposit amount and term (e.g., 3, 6, or 12 months).
Choose the bank or enter a custom annual rate.
View your monthly interest breakdown and net income after tax.
Compare results among multiple banks to find your best return.
Latest 2025 Time Deposit Rates in the Philippines
| Bank | Rate (per annum) | Minimum Deposit | Term | Notes |
|---|---|---|---|---|
| Maya | 6.00% | ₱20 | 12 months | With auto-renew option |
| GoTyme | 5.50% | ₱5,000 | 6–12 months | Flexible goal savings |
| CIMB | 6.00% | ₱1,000 | 6–12 months | GSave & UpSave options |
| Tonik | 6.00% | ₱5,000 | 12 months | No lock-in early exit |
| DiskarTech | 6.50% | ₱1,000 | 12 months | Through RCBC partnership |
Understanding Time Deposit in the Philippines
A time deposit is a secure savings product that earns a fixed interest rate for a set period. Unlike regular savings, your funds are locked in until maturity — allowing you to earn higher returns.
In the Philippines, digital banks now offer higher rates (5%–7%) compared to traditional banks.
Withholding Tax on Time Deposit Interest
Time deposit interest in the Philippines is subject to a 20% final withholding tax.
This calculator automatically shows both the gross and net earnings — helping you know your exact take-home gain.
Tips to Maximize Your Time Deposit
Compare rates every 3 months — digital banks update frequently.
Reinvest interest to compound earnings.
Avoid premature withdrawal to protect your yield.
Check PDIC coverage (₱500,000 per depositor).
Frequently Asked Questions
Is my time deposit insured?
Yes — deposits in Maya, CIMB, GoTyme, and other BSP-licensed digital banks are insured by PDIC up to ₱500,000 per depositor.
Can I withdraw my time deposit early?
Yes, but you may lose part of your interest or pay a penalty. It’s best to keep funds locked until maturity.
What’s the minimum deposit amount?
Most digital banks allow as low as ₱1,000 to ₱5,000 to start a time deposit.
When are interest and taxes applied?
Interest accrues monthly; withholding tax is automatically deducted before crediting.
Are digital banks safe?
Yes. All mentioned banks are regulated by the Bangko Sentral ng Pilipinas (BSP) and protected by PDIC.