A Stash is a high-yield savings account. A Time Deposit is an investment account. If you open a Time Deposit, you agree to keep the money for a certain time period to get a higher return.

A Stash is a saving pocket in your Tonik Account where you can separate your certain amounts in your savings according to specific saving purposes you have in mind, be it for an exciting holiday getaway, a new gadget, a new ride, your kid’s education, a birthday gift for your better half and many more.

You can also invite others to participate in saving within your Group Stash. The best part of a Stash is that you have the flexibility to withdraw it anytime, without any lock-in period while earning a high interest.

You can view the latest Stash interest rate here: https://tonikbank.com/deposit-interest-rates/

It’s extremely easy. Login to your Tonik App and tap onto the Stash tile which can be seen on your Home Dashboard. Select Solo if you are saving by yourself, or Group if you want to invite your friends to save with you.

Upload a picture for your savings goal, enter a specific amount you’re targeting to save, and if you want, you can even set a saving deadline.

Add an initial saving to your newly created Stash if you like, or just the same, you may freely add later.

Deposits are insured by PDIC up to ₱1 Million per depositor.

No minimum amount – you can save just as much as you can afford. No pressure at all.

First, access your stash.

Two, click on add to Stash.

Three, input the amount you want to add and it’ll be taken from your Tonik Account. Done.

Yes, as long as you keep your money in your Stash, you will continue to enjoy the high Stash interest rate.

If you want to enjoy a better rate, you may opt to open a Time Deposit instead of using the money you have saved in your Stash.

After creating a Group Stash, add members in a few steps:  

1. Tap “Invite People to your Stash” on the success screen.  
2. Select contacts and tap “Send Stash invite via SMS.”
3. Send your members an SMS to join!

Remind your members to open and fully verify their Tonik account to access your Group Stash, ‘kay?

Tip: Invite members anytime by selecting your Group Stash tile and tapping “Manage Savers.”

The Total Stash Balance of a Group Stash (including interest earned) belongs to its creator and owner, luv, so it's gotta be someone you trust! 

That means the Group Stash owner is the only one who can close the Stash or withdraw from it any time. Plus, any disbursements of funds will go to the Group Stash owner's Tonik Account. 

You can tap on the Stash you want to withdraw from, go to Manage, then click Withdraw. Money will be moved from your Stash to your Tonik Account.

Feel free to withdraw anytime without penalty

On the app dashboard, tap the Stash tile, pick the Stash you want to close, hit "Manage," then click "Close." If you're a hundred percent sure you want to close the Stash, choose "Yes, close the stash." 

For Solo Stashes, your Total Stash Balance (including interest earned) will go to your Tonik Account in a single transaction.  

For Group Stashes, the Total Stash Balance (including interest earned) will go to the Group Stash Owner's Tonik Account in a single transaction.  

Always remember that the group's Total Stash Balance belongs to the owner of the Group Stash. They're the only ones who have control over the fund and can close or withdraw from it at any time. 

You can own up to 5 Stashes, combination of Solo and Group Stashes.

There is no limit to how many Group Stashes you can participate in as a contributor.

You can view your transaction history for your Stashes as far as the last 3 months, hun. If you need to view older transactions, you may refer to your Statement of Account.

You may experience this because you have reached the total aggregate credit limit of PHP100,000 for your Tonik Account and therefore your Tonik Account cannot receive any money unstashed from your Stash. Please upgrade your accounts to get the limit removed.

Your Stash interest is credited to your Stash directly. You can check the interest crediting history in your Stash transaction history.

It's easy, luv! Simply invite at least 2 members to your Group Stash and then, you'll enjoy the Group Stash interest once all 3 of you have contributed at least P1 each to the Group Stash.

Tap onto your Group Stash in the Stash list, go to Manage Savers and you will see who are your members and how much they have contributed so far.

Hi there, luv! Since funds transferred to a Group Stash will belong to the owner of the Group Stash, members will now have an additional layer of verification before they transfer that fund away. XOXO

A Time Deposit is a form of savings/investment in which you pledge a certain amount of money for a fixed period of time in exchange for high interest.You can save for 6, 9, 12, 18, or 24 months​

You can view here the latest Time Deposit interest rates.

Deposits are insured by PDIC up to ₱1 Million per depositor.

Simple. Login to your Tonik App and tap onto the Time Deposit tile on your Home Dashboard. Input your investment amount, desired investment period and done!

Also, make sure you have sufficient balance in your Tonik Account, because the investment in your Time Deposit will use the available fund in your Tonik Account.