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List of BSP Licensed Digital Bank in the Philippines

List of Digital bank in the Philippines
Digital banks are a new legal and formal category of banks in the Philippines since 2020, when Banko Sentral ng Pilipinas opened the application of digital banks in the Philippines. The Digital Banks are no physical branches; all of their transactions will process online using their mobile application. Receipts, queries, and other banking transactions will be done through an end-to-end electronic portal.

Here is the list of BSP-licensed digital banks in the Philippines:

1. Maya Bank, Inc.

Maya Bank Inc. Website Screenshot
Maya (formerly Paymaya) is the number 1 bank in the Philippines in terms of users and assets. They offer a high interest rate on your savings, revolving credit limit, personal loan, top-up, crypto, bill payment, investing, and other banking services.

Email: support@maya.ph
Hotline: (+632) 8845-7788
Address: 6/F Launchpad Center, TV5 Media Center Complex, Reliance corner Sheridan Streets, Barangay Buayang Bato, Mandaluyong, Metro Manila, Philippines

2. UnionDigital Bank

UnionDigital Bank website screenshot
This digital bank is owned by the universally most trusted bank in the Philippines—the UnionBank of the Philippines. They offer a 3% to 4% interest rate on your regular savings accounts and a 5% interest rate on Time Deposit Accounts. They offer loans and other banking services also.
 
Email: help@uniondigitalbank.io
Hotline: (+632)8555-5207
Address: UnionBank Plaza Bldg., Meralco Ave., corner Onyx St., Ortigas Center, Pasig City, Philippines
 

3. Gotyme Bank Corporation

GoTyme Bank website screenshot
GoTyme Bank is a joint venture of Tyme and members of the Gokongwei Group of companies. They give you a free ATM card and a high interest rate for your savings. Gotyme is also not just a bank; it will serve as your reward card at Robinson participating stores nationwide. Your points are good as cash, which you can use to buy items in the retail stores of Robinson and other participating stores nationwide.
 
Email: help@gotyme.com.ph
Hotline: 468888
Address: 21st Floor Giga Tower, Bridgetowne, C5 Road,
Brgy. Ugong Norte, E. Rodriguez Jr. Ave. 1110, Quezon City, Philippines
 

4. Tonik Digital Bank, Inc.

Tonik Bank website screenshot
The Tonik Bank is the Philippines’ first neobank to secure a digital bank license from the Bangko Sentral ng Pilipinas (BSP). They give a simple and easy-to-use application without hassle, with which your savings can earn 6% per annum interest rate. They offer several retail financial products, such as savings, loans, payments, cards, and product financing.
 
Email: customercare@tonikbank.com
Hotline: (+632)5322-2645
Address: Unit 605B, 6/F West Wing, The Offices at Estancia, 1605 Meralco Ave, Pasig City
 

5. Unobank, Inc.

Unobank website screenshot
UnoBank is a digital bank in the Philippines offering banking services such as savings with a 3.5% to 4% interest rate and 5.50% for time deposit accounts. This will be launching the first numberless ATM card where details are not printed on the card but stored within the chip for security purposes. They also offer non-collateral loans up to 500,000 with a 1.79% monthly interest rate.
 
Email: message via in-app messaging
Hotline: (+632) 8811-8866 / +63 919 0599866
Address: 20F The Finance Center Building, 26th Street corner 9th Avenue, BGC, Taguig City, 1634, Philippines

6. Overseas Filipino Bank Inc., A Digital Bank of Landbank

OFBank website screenshot
OFBank is a digital bank of state-owned banks in the Philippines and claimed to be the first branchless digital-only bank in the Philippines history. They aim to provide financial products and services tailored to the requirements of overseas Filipinos and their families, with a focus on providing high-quality and efficient foreign remittance services.

Email: customer.care@ofbank.com.ph
Hotline: (+632) 8-405-7000
Address: Manila, Philippines
 
The BSP will start accepting applications for new digital banking licenses in 2025, with a limit of 10 digital banks in the country.
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