Calculator
Where should I park my money?
Type an amount. We split it across savings accounts you can withdraw from any time, best rate first, and keep each bank within the ₱1 million that PDIC insures per depositor. You see what lands in your account each month after the 20% tax.
Your split
Example: ₱1,000,000, base rates only
About this much a month, after tax
₱3,333.33
A year, after tax
₱40,000
Blended rate, before tax
5.00%
Banks used
1
| Bank and account | Put in | Rate | Per month after tax |
|---|---|---|---|
| BanKo TODO Savings
|
₱1,000,000 | 5.00% | ₱3,333.33 |
| Total | ₱1,000,000 | 5.00% | ₱3,333.33 |
What this counts
- Savings accounts you can withdraw from any time. Time deposits and goal accounts with set terms are left out; compare those in the time deposit table.
- Rates as published on each bank's own website, checked 19 October 2026.
- The 20% final tax on deposit interest, which the bank withholds.
- PDIC's ₱1,000,000 limit per depositor, per bank, across all your accounts at that bank.
What it doesn't
- Compounding. It's simple interest, so daily-crediting accounts pay slightly more than shown.
- Accounts with eligibility rules: Tonik Group Stash (needs 2 more people) and OFBank YaniSaver (overseas Filipinos only).
- Banks that don't publish their rates (UnionDigital, DiskarTech).
- Promos. They expire, so plan on base rates and treat a promo as a bonus.
This is a calculation, not financial advice. Confirm the rate with the bank before you move money.