Neobanks in Philippines

depends the loan service you choose

Loanonline Philippines doesn´t provide loans. Service only recommends the best options for it to Filipinos.

4.1 / 5
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5,42% - 7% per month

With Tonik you can apply for a quick loan in 30 minutes and up to PHP 50.000. Everything is secured and no collateral is needed. So, you can apply for a quick loan, flex loan or shop installment loan with Tonik bank very easily.

4.8 / 5
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Komo Philippines - digital bank with several products: savings and insurance. oan opportunities, currently, are not presented. Can be interesting for many Filipino. Komo has debit card, all contro and tracking is with mobile application. Very easy and convenient, just try.

4.5 / 5
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Neobanks in Philippines – this review will give you more information about the best digital banks in the Philippines. Someone also call them mobile-only banks. Such banks have no offline offices, all services of one are providing online.

In recent years, neobanks have emerged as a popular alternative to traditional banks in the Philippines. Unlike traditional banks, neobanks operate purely online, allowing customers to access their accounts and banking services from anywhere, anytime. This approach has caught the attention of many Filipinos who are looking for convenient services and new financial opportunities.

Neobanks in the Philippines offer a range of services such as:

  • savings accounts;
  • debit cards;
  • credit cards;
  • personal loans;
  • investments.

Access to all these products is organized through a mobile application, so you can check everything with the help of your smartphone 24/7.

Neobanks in Philippines

Popular Neobanks in the Philippines

Some of the best neobanks in the Philippines include Tonik, ING, CIMB, UnionBank, etc. These neobanks offer a range of banking products and services designed to cater to the needs of the modern Filipino consumer. With the increasing popularity of neobanks in the Philippines, it is expected that these banks upgrade digital banking and improve the lives of millions Filipinos.

There are a number of neobanks operating in the Philippines, each with its own unique offerings and advantages, for example:

  1. Tonik Bank: it is one of the most popular neobanks in the Philippines. One one offers a range of banking products and services from saving accounts to quick loans. Tonik has gained really cool reputation and is growing very, cause people like the terms and services one provides, especially user-friendly mobile applications and competitive fees for loan products;
  2. UnionBank of the Philippines: it is one of the largest banks in the Philippines and one has an additional neobank called UnionBank GlobalLinker. Main focus on small and medium-sized enterprises (SMEs). Banks offer a wide range of financial products that are popular among Filipinos;
  3. CIMB Bank Philippines: it is a Malaysian neobank that has expanded to the Philippines. CIMB has a range of products for Filipinos: savings accounts, credit cards, and personal loans. You can easily control all your finances with the mobile application;
  4. ING Philippines: it is a Dutch neobank that has been started operating in the Philippines since 2018. Bank also has all popular financial products;

What Are The Neobanks´ Advantages

Neobanks have really cool, user-friendly mobile apps that have personalized financial management tools. These banks usually have better terms for one service, for example, lower fees compared to traditional banks.

Additional Questions About Neobanks

⭐ What Is The Best Neobank in the Philippines?

The most popular and interesting Digital Bank in the Philippines is Tonik Bank. One has excellent loans, and deposit products for Filipinos. Also, the Tonik Bank service is at a very high level that´s why its popularity of one is growing very fast;

⭐ How Many NeoBanks Are In The Philippines?

If we are not mistaken, there are 6 neobanks in the Philippines.

⭐ What Is The Safest Online Bank In The Philippines?

We believe it is Tonik Bank, but all banks have one pros and cons, so no 100% answer for this questions;

⭐ What To Do If You Can´t Apply for Loan via Bank?

You can try to apply to payday or installment loan companies in the Philippines like Digido, Cashalo, Moneycat, OLP, BillEase, etc.

User Review 4.8 (10 votes)