Calculate and compare time deposit rates from Philippine banks
Time Deposit Calculator
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Initial Amount
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Interest Earned
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Maturity Amount
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Maturity Date
Deposit Growth Chart
Quick Comparison Table
Deposit Amount
3 Months
6 Months
12 Months
24 Months
Comparison based on average bank rates
Time Deposit Tips and Guides
Longer Terms = Higher Rates
Banks typically offer higher interest rates for longer deposit terms as your money is committed for more time.
Power of Compound Interest
Compound interest earns interest on both your principal and previously earned interest, maximizing your returns.
Deposit Insurance (PDIC)
In the Philippines, deposits are protected by the Philippine Deposit Insurance Corporation (PDIC) up to ₱1,000,000 per depositor per bank (effective March 15, 2025).
Consider Tax Implications
In the Philippines, interest income from time deposits is subject to a 20% final withholding tax (15% for deposits with a maturity of 5 years or more). Interest held in special savings accounts may be taxed differently. Consult a tax professional for your specific situation.
