Tonik — loans online in Philippines

Tonik - Apply for a loan in just minutes

Clasificación: 4
Rating: 3.5
4 reviews
Tonik

₱5,000 — ₱50,000

from 6 to 24 months

APR 84%

18+ years

A neobank in the Philippines with loans that you can get in just minutes!

  • Loan amount from PHP5,000 to PHP50,000
  • 6, 9, 12, 18, or 24 months installment
  • Quick Loan Annual Percentage Rate (APR) is at 84%
  • No Service Fee
  • Monthly EIR: Average 4.5% but depending on due date

Loan Product Features:

  • Fast approval and real-time disbursement to your Tonik Account
  • No credit history and no collateral needed
  • Get up to PHP50,000 immediately
  • Minimal documents required - only 1 valid ID and proof of income
  • Flexible payment date - your preferred salary payout date
  • 100% digital - all loan info can be seen on the Tonik App
  • Cash out the full loan amount real-time
  • One bank account for application and cash disbursement
  • Fixed monthly interest rate of 7%
  • No pre-termination or early payment fees
  • Secure fast and easy, no collateral loans from a digital bank

Who may apply for a credit in Tonik neobank:

  • At least 18 years old
  • Has a residence in the Philippines
  • Has a valid email address
  • Has an active Philippine mobile number
  • Does not classify under the United States FATCA

Tonik is the Philippines' first neobank with a digital bank license offering savings deposits with sky high interest rates and quick online cash loans and shop installment loans for all of life’s necessities. 

Positives

  • High maximum loan amount
  • Collateral and credit history not needed
  • Quick online process - maximum 30 min
  • Flexible payment date
  • Minimal documents required
  • Good Tonik App

Negatives

  • High interest rate 7%

Tonik reviews

4 reviews  |  Add a review

Tonik Legal and contacts

Legal name: onik Digital Bank, Inc.
Legal direction: Unit 605B, 6/F West Wing, The Offices at Estancia, 1605 Meralco Ave, Pasig City

Best online loans similar to Tonik

Digido - Loans online, fast and reliable
APR 143%
₱1,000 — ₱25,000
21 — 70 years
from 3 to 6 months
[{"id":10,"id_crapp":1,"score":2,"data":"2023-01-21T08:27:09.000000Z","text":"Deceiving tong app na to. Magugulat ka nalang bago mag due date mo na pinatungan nila yung interest nila. Tataas yung due amount mobigla.","name":"Mayla","visible":1,"rating":2,"date":"2023-01-21 11:27:09"},{"id":9,"id_crapp":1,"score":2,"data":"2023-01-05T08:24:41.000000Z","text":"My bad experience is this app is too much Interest rate i loan the 2,500 but it will deduct of transaction fee costing 150 and for 9 days i need to return about 2,867 if u add 150 = 3,017 then \u2013 2350 = 667 profit in 9 days. if only i dont really need to loan but it was emergency i feel really bad on this app so i wont rate this at all i check the comment on other people same prob your loan apps is too much.","name":"Dysuke","visible":1,"rating":2,"date":"2023-01-05 11:24:41"},{"id":8,"id_crapp":1,"score":5,"data":"2023-01-01T08:22:06.000000Z","text":"Very convenient when in needm fast approval, long term payment. Thanks!","name":"","visible":1,"rating":5,"date":"2023-01-01 11:22:06"},{"id":7,"id_crapp":1,"score":5,"data":"2023-01-17T08:20:37.000000Z","text":"Its ok. Very easy and fast approval. Highly recommended!!","name":"Leon","visible":1,"rating":5,"date":"2023-01-17 11:20:37"},{"id":4,"id_crapp":1,"score":4,"data":"2023-01-19T06:57:42.000000Z","text":"Very nice","name":"Alfred","visible":1,"rating":4,"date":"2023-01-19 09:57:42"}]
MoneyCat - Cash loan online with fast approval in Philippines
APR 145%
₱500 — ₱20,000
22+ years
from 3 to 6 months
[{"id":13,"id_crapp":2,"score":4,"data":"2023-01-07T08:31:40.000000Z","text":"Yeah zero rate for the first time but you can take small amount. ","name":"Geraldin","visible":1,"rating":4,"date":"2023-01-07 11:31:40"},{"id":12,"id_crapp":2,"score":5,"data":"2023-01-12T08:29:45.000000Z","text":"Moneycat is good they always update you when you will get your loan and they give low interest and nice benefits","name":"Annie","visible":1,"rating":5,"date":"2023-01-12 11:29:45"},{"id":11,"id_crapp":2,"score":3,"data":"2023-01-10T08:28:53.000000Z","text":"They always send email that I will be approved but once I complete the application it always declined me. Just a big, big waste of time","name":"Marilyn","visible":1,"rating":3,"date":"2023-01-10 11:28:53"},{"id":5,"id_crapp":2,"score":5,"data":"2023-01-19T06:58:52.000000Z","text":"Everything's fine","name":"Arthur","visible":1,"rating":5,"date":"2023-01-19 09:58:52"}]
Online Loans Pilipinas - Fast and Easy Online Loans 24/7
from 0%
₱1,000 — ₱20,000
22 — 70 years
from 10 days
[{"id":16,"id_crapp":3,"score":5,"data":"2023-01-02T08:35:41.000000Z","text":"what if we dont have a bank account? how can we get a loan?","name":"Rona","visible":1,"rating":5,"date":"2023-01-02 11:35:41"},{"id":15,"id_crapp":3,"score":5,"data":"2023-01-04T08:34:53.000000Z","text":"Its my first time to apply in online lending and Im lucky I found online loan pilipinas whos very reliable and fast approval all you need to do is take a minute to fill up application form and wait for a min again for verification..once your approved wait for their email or txt msg that your loan is already deposited to ur bank account.","name":"Arnel","visible":1,"rating":5,"date":"2023-01-04 11:34:53"},{"id":14,"id_crapp":3,"score":4,"data":"2023-01-08T08:32:58.000000Z","text":"Now on my 2nd loan. I paid my loan before my due date and i was expecting that my credit limit would increase.but to may dismay. My credit limit is lower by p1000","name":"Irene","visible":1,"rating":4,"date":"2023-01-08 11:32:58"}]
Kviku - Online Bank
0.16% per day
₱500 — ₱25,000
20 — 55 years
from 2 to 6 months
[{"id":19,"id_crapp":4,"score":5,"data":"2023-01-25T08:40:23.000000Z","text":"I cant add my account details. What should i do?","name":"","visible":1,"rating":5,"date":"2023-01-25 11:40:23"},{"id":18,"id_crapp":4,"score":2,"data":"2023-01-24T08:39:25.000000Z","text":"They have High interest and High service fee for a short period of time.","name":"","visible":1,"rating":2,"date":"2023-01-24 11:39:25"},{"id":17,"id_crapp":4,"score":3,"data":"2023-01-23T08:37:31.000000Z","text":"it is my 3rd loan and they normal deposit the amount around 3pm the ff day!","name":"","visible":1,"rating":3,"date":"2023-01-23 11:37:31"}]