Finance

‘Luv Stash’ by Tonik: New Joint Savings Option for Couples

101
(source: Tonik Digital Bank)

In case you didn’t know, the Philippine digital bank Tonik offers a unique savings product that allows a couple to save and earn a 4.5% interest rate.

Luv Stash is a service that helps couples achieve their financial goals together while enjoying exclusive interest rates. The best part is that you don’t need to open a joint bank account to use it.

To start a Luv Stash, Tonik customers must complete the following steps:

  • Create a Luv Stash with Your Special Someone: All Tonik customers can create a Luv Stash and invite one new Tonik customer to create a Luv Stash—directly from the Tonik App.
  • Stash together, stay together: Couple must contribute a minimum of PHP14 each to the Luv Stash during the promo period from February 1 to February 29, 2024. Sending money into the Luv Stash is free for both users. It can be personalized by adding a picture of the common goal or setting the target amount.

Tonik customers who complete the required steps during the Promo Period will be eligible for a 4.5% interest rate by opening only two accounts.

Tonik is also offering Group Stash, which lets groups of three or more people combine their money and work together to achieve their shared goals. This could be anything from saving up for a big trip, paying bills together, or helping their parents financially. It’s a great way for friends and family to support each other and reach their goals faster.

For more information about Tonik and its offerings, visit https://tonikbank.com/.

Written by
Tech Beat Philippines

Tech Beat Philippines is the social media news platform for all things technology. It is also a part of the GEARS section on Daddy's Day Out.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Daddy’s Day Out is a platform that celebrates modern masculinity and offers a space where men can unite, learn, and grow together. It fosters a community where authenticity, support, and self-expression thrive unapologetically.

Related Articles

Online Sellers Now Required to Pay Withholding Tax, Says BIR

The Bureau of Internal Revenue (BIR) announced that digital marketplace operators, such...

CoinEx Charity Advances Blockchain Education in the Philippines at Campus Conference

CoinEx Charity sponsored and took part in the Blockchain Campus Conference in...

Pangilinan on Maya IPO: GCash Still Holds the Throne in Philippine Digital Wallet Market

PLDT chairman Manuel V. Pangilinan admitted that PLDT’s Maya has a long...

Elevate Raises USD 5 Million to Launch FDIC-Insured USD Accounts for Filipino Freelancers

Elevate, a fintech startup supported by Y Combinator, has raised USD 5...