# Tonik: Loans & Deposits > Philippines' first neobank offering high-interest deposits and quick, collateral-free loans. (iPhone/iPad app by TONIK FINANCIAL PTE. LTD.) - Source: https://appshunter.io/ios/app/tonik-loans-and-deposits/id1541576007 (this page in markdown: same URL + `.md`) - Developer: [TONIK FINANCIAL PTE. LTD](https://appshunter.io/developer/1541576009) - Category: Finance - Price: Free - Rating: 4.38/5 from 76 App Store ratings · 16 written reviews indexed - Age rating: 4+ - Requires: iOS 11.0 · 124 MB - Languages: English - Released: 2021-02-21 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/tonik-loans-and-deposits/id1541576007/reviews.md ## What is Tonik? Tonik is the Philippines' first neobank with a digital bank license offering sky high interest rates and the quickest loans you can get. Innovative. Passionate. Customer-first. That's Tonik. We're a 100% digital bank on a mission to revolutionize the way money works in Southeast Asia, offering only fast, easy, and secure transactions with a team of experienced bankers taking care of all your financial needs. We're a neobank that's there for you 24/7 with services that'll help you get ahead—and that includes our Quick Loan! Need an easy loan but got no credit history or collateral? Our Quick Loan has got you covered. You can get approved in just minutes and borrow PHP5,000 up to PHP50,000 depending on your needs. It's called quick for a reason, because you only need to submit 1 valid ID and 1 month's payslip. Plus, your payment dates are on your terms: choose whichever date is most convenient for you and get auto-debited on that date! What else is awesome about getting a loan with a digital bank is that you can see all your details on the app and cash out the full amount in real time. We've also got no pre-termination or early payment fees! Yass! Loans have never been this easier with Tonik. Get a Quick Loan today! ## Key features - High-interest savings accounts - Quick loans up to PHP50,000 - No credit history or collateral required - Real-time cash outs - Flexible payment dates - No pre-termination or early payment fees ## Recent user reviews (10 of 16) All indexed reviews: https://appshunter.io/ios/app/tonik-loans-and-deposits/id1541576007/reviews.md ### 1/5 — Total fake😡😡😡 *2024-12-26* Just want details nothing else 😡 ### 5/5 — I love tonik! *2024-11-14, version 6.0.6* I love this online bank! It is so posh and their customer service is amazing ### 5/5 — Awesome app *2024-08-03* Smooth and highly secured financial app **Developer response:** We super appreciate your feedback, luv! Please do keep an eye on the latest Tonik App builds and download them as soon as they are available here. Each release would have improvements. For any issues or suggestions do report to our CC Team via in-app chat, Viber (+63253222645) or other channels for quick resolution. XOXO ### 4/5 — Would have given a 5 star but… *2024-04-15* The recent versions make the app close everytime I try to login. The latest one just automatically closes when I try to update my password. 🥲 please fix this~ **Developer response:** Hey there, luv! Kindly uninstall and reinstall the app, it works for similar situations! If you have any more issues, don't hesitate to reach out to our customer care team. You may contact them at Hotline +632 5322 2645 or customercare@tonikbank.com. ### 5/5 — Easy to use app *2024-01-25* app is easy to use, very convenient so far. The time deposit option is a win! ### 5/5 — COOL *2023-10-22* First time user and let see how this gonna work 🥰 **Developer response:** We super appreciate your rating, luv! Please do keep an eye on the latest Tonik App builds and download them as soon as they are available here. Each release would have improvements. For any issues or suggestions do report to our CC Team via Tonik in-app chat, hotline (+63253222645), or email (customercare@tonikbank.com) for quick resolution. XOXO ### 1/5 — Fake *2023-10-04* Fake **Developer response:** Sorry about that, luv! Can you let us know what we can do to improve? Pls reach out to our CC Team via Tonik in-app chat, hotline (+63253222645), or email (customercare@tonikbank.com) to let them know what issues you encountered. Do know that Tonik is a legit digital bank, first to be issued a digital banking license by the BSP. XOXO ### 5/5 — safe and convenient *2023-08-03* excellent customer service and easy process **Developer response:** We super appreciate your feedback, luv! Please keep an eye on the latest Tonik App builds and download them as soon as they are available here. Each release would have improvements. For any issues or suggestions do report to our CC Team via Tonik in-app chat, hotline (+63253222645), or email (customercare@tonikbank.com) for quick resolution. XOXO ### 1/5 — Orwellian garbage *2023-06-08, version 4.1.0* This thing invades your privacy worse than a Chinese app. From the second you open it it starts filming you. What the?! Privacy statement is scary. It requires complete access to your phone. They'll tell you it's to keep you safe. Don't believe them. Also, you must be a Filipino to use this which they don't mention until AFTER they harvest your data, access your photos and contacts etc. ### 5/5 — The UI and the app itself *2023-02-01, version 4.0.7* This looks perfect and easy to use. **Developer response:** We super appreciate your feedback, luv! Please do keep an eye on the latest Tonik App builds and download them as soon as they are available here. Each release would have improvements. For any issues or suggestions do report to our CC Team via in-app chat, Viber (+63253222645), or email (customercare@tonikbank.com) for quick resolution. XOXO ## Frequently asked questions about Tonik ### What is Tonik? Tonik is the Philippines' first neobank with a digital bank license. It offers high-interest savings accounts and quick loans, aiming to revolutionize financial transactions in Southeast Asia through fast, easy, and secure services. ### How can I get a loan with Tonik? You can get a Quick Loan from Tonik without needing credit history or collateral. You only need to submit one valid ID and one month's payslip. Loan approval can be as fast as a few minutes, with amounts ranging from PHP5,000 to PHP50,000. ### What are the repayment terms for Tonik loans? Tonik offers flexible payment terms for its Quick Loans. You can choose a payment date that is most convenient for you, and payments will be auto-debited on that chosen date. There are no pre-termination or early payment fees. ### Is Tonik available on multiple devices? The description focuses on the mobile app for managing loans and deposits. While specific compatibility details aren't provided, it's designed as a digital banking platform accessible via a mobile application. ### What are the benefits of using Tonik for my finances? Tonik provides sky-high interest rates on deposits and quick, accessible loans with flexible repayment options. The app allows for real-time cash outs and secure, 24/7 access to your financial services, all without the need for credit history or collateral for loans. ## Version history (last 5 releases) ### 5.0.0 — 2023-07-04 Reworked tonik account onboarding Removal of IDs that are no longer supported (Voter's ID, PhilHealth and TIN ID) Minor updates to Flex Loan ### 4.1.0 — 2023-05-05 Fix for the Chat bug Enhancements to OTP sending Optimizations to the app dashboard for improved performance ### 4.0.9 — 2023-04-03 Added a new offer for customers with an existing loan account with tonik and good payment history ### 4.0.8 — 2023-03-14 Big Loan enhancements, now accepting Self-Employed Big Loan updated pricing Optimized Big Loan application Data Privacy Updates ### 4.0.7 — 2022-12-18 A better Quick loan - only 1 ID needed A special offer for our valued loan customers Enhanced our Big Loan product for jointly owned condos Introducing a new great Shop Instalment experience, now with QR Voter's, TIN and PhilHealth IDs are now accepted Standardised Instapay reference number for easier tracking Improved Instapay transaction details to display more information ## Apps similar to Tonik | App | Rating | Price | Category | | --- | --- | --- | --- | | [Metrobank App](https://appshunter.io/ios/app/metrobank-app/id1536081176) | 1.9 (179) | Free | Finance | | [zukì – Loan app by SB Finance](https://appshunter.io/ios/app/zuki-loan-app-by-sb-finance/id1592969919) | 3.5 (4) | Free | Finance | | [GoTyme Bank \| Philippines](https://appshunter.io/ios/app/gotyme-bank-philippines/id1637067963) | 4.5 (90) | Free | Finance | | [Virtual Pag-IBIG](https://appshunter.io/ios/app/virtual-pag-ibig/id6444034285) | 2.9 (10) | Free | Finance | | [VYBE by BPI](https://appshunter.io/ios/app/vybe-by-bpi/id1621461906) | 1.0 (37) | Free | Finance | | [eCebuana](https://appshunter.io/ios/app/ecebuana/id1523417683) | 1.8 (28) | Free | Finance | ## More apps by TONIK FINANCIAL PTE. LTD - [Pro Up Academy](https://appshunter.io/ios/app/pro-up-academy/id6670311828) All apps by TONIK FINANCIAL PTE. LTD: https://appshunter.io/developer/1541576009 --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*