The length of the rollover will be the same as the original Time Deposit (TD). 

If you have opened a 6 months TD, if you activate Roll Over, your TD will be extended for another 6 months. Similarly, if you have opened a 18 months TD, if you activate Rollover, your TD will be extended for another 18 months. 

Open Time Deposit (TD) on your Tonik App dashboard and select the TD you want to roll over from your existing list of TDs. Toggle the “Roll over time deposit” button to the right found under the details of your Time Deposit.

After toggling the button, you’ll see a pop-up message that explains how the rollover works. You must tap the “I accept the Terms and Conditions” which will enable the Roll over this time deposit button. Make sure to read the Terms and Conditions, luv! Press to see the full T&Cs so you know the implications of rolling over your TD.

If the "Time Deposit roll over" button is not purple, your Time Deposit will not be rolled over.

If you have activated the "Time Deposit roll over" button to purple, open Time Deposit (TD) on your Tonik App dashboard and select the TD you want to roll over from your existing list of TDs. Toggle the “Roll over time deposit” button to the left found under the details of your Time Deposit. 

After toggling the button, you’ll see a pop-up message that explains what will happen if you stop rolling over.

You can change the rollover setting anytime from the time you open your Time Deposit (TD) until 3 days before the maturity of the said TD.

The rate that you will get for the new term of your Time Deposit (TD) will depend on the rate that is in effect on the rollover date.

For example, if Tonik still offers the 6% interest rate for 6 months TD on your rollover date, then your existing 6 months TD that's earning 6% interest rate will continue earning the same interest rate. But if the interest rate that is in effect on your rollover date will be at 4%, then your TD rollover will earn the new 4% interest rate. 

If you have activated the "Roll over time deposit" button, the interest rate that you will get for the new term will be the interest rate that is in effect on your rollover date. Keep in mind that your rollover date is the maturity date of your Time Deposit's existing term.

You can't change the Time Deposit rollover button because either you have passed the change deadline (3 days before maturity date), or your Time Deposit (TD) investment amount exceeds the balance allowed in a TD account.

Hi luv! Just a quick heads-up.

Starting May 1, 2026, Time Deposits with amounts greater than PHP100,000 will no longer be eligible for rollover. If rollover was previously turned on for these deposits, the system will automatically disable it. This change is due to an update to our maximum rollover limit, which has been adjusted from PHP250,000 to PHP100,000.

Thanks so much for your understanding! XOXO

There's no limit, luv. Once the "Roll over time deposit" button is activated (the button is purple in color), your Time Deposit will be rolled over until you deactivate it (the button is grey in color).

Just a friendly reminder that starting May 1, 2026, Time Deposits with amounts greater than PHP100,000 will no longer be eligible for rollover. If rollover was previously turned on for these deposits, the system will automatically disable it. This change is due to an update to our maximum rollover limit, which has been adjusted from PHP250,000 to PHP100,000.

Thanks so much for your understanding! XOXO

No, luv! The cooling period only applies to new Time Deposits created. If you decide to withdraw early during your rollover period, you'll still pay for the DST (Documentary Stamp Tax) and other charges.

Once your Time Deposit matures, the money will automatically transfer to your Tonik Account. But if you choose to withdraw before the maturity date, simply go to you Time Deposit account and click the button "withdraw early". Please take note of the fees when closing your Time Deposit before the maturity date.

Yes, luv. Simply go to your Time Deposit account and click the button "withdraw early". Please take note of the fees when closing your Time Deposit before the maturity date.

If you want to withdraw your Time Deposit before the maturity date, you simply need to go to your Time Deposit account and click "withdraw early". If you wait until your Time Deposit matures, the money will be automatically moved to your Tonik Account.

Daily interest = P x R x T (daily cleared balance * interest rate * 1/days in year).

Days in a year is either 365 for a regular year and 366 for a leap year.

Your daily interest is accrued and credited monthly at the last day of the month or the first day of the following month.

Your interest is subject to 20% withholding tax.

Your interest is calculated as = P x R x T (investment amount * interest rate * term of TD in days/days in a year)

Days in a year is either 365 for a regular year and 366 for a leap year.

Your interest will be credited at the date of maturity.

Your interest is subject to 20% withholding tax.

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

No, there isn’t a minimum balance to earn interest.

Withholding tax is a government tax on interest earned. It is 20% from earned interest and is deducted by the bank.

Your interest will be credited before midnight of the last day of the month.

For Tonik Account/Solo Stash/Group Stash:

New interest rates will be applied to all available balances in the Tonik Account/Solo Stash/Group Stash from the effective date of the new interest rate. All the money you have saved in Tonik Account/Solo Stash/Group Stash will follow the latest interest rate.

For Time Deposit:

Only a new Time Deposit created from the effective date of the new rate will be affected. Time Deposit created before the effective date of the new rate will follow the rates at the time Deposit was opened.