Diskartech Interest Rate Philippines: The Truth Behind the Numbers in 2025

Hey there, fellow iponaryo! If you’re anything like me, you’re always on the lookout for the best ways to grow your hard-earned money. And in the world of digital banking here in the Philippines, the Diskartech app by RCBC has been a name that constantly pops up, largely thanks to its previously stellar interest rate.

For the longest time, Diskartech was synonymous with a fantastic 6.5% per annum interest on savings. It was a game-changer, attracting many of us to the platform. But as with all good things, it’s wise to keep ourselves updated. So, let’s talk about the real deal with the Diskartech interest rate in the Philippines today.

So, What is the Real Diskartech Interest Rate Today?

As of my latest check in July 2025, the interest rate for a Diskartech savings account is 4.88% per annum.

That’s right, the 6.5% p.a. promotional rate that many of us enjoyed has been adjusted. While it might not be the headline-grabbing number it once was, a 4.88% interest rate is still a very competitive offer in the Philippine digital banking landscape, significantly higher than what traditional banks typically provide.

How Does the Diskartech Interest Rate Work? The All-Important Fine Print

Now, before you transfer all your savings, there’s a crucial detail you need to know about how you can earn this 4.88% interest. The interest is only earned on your savings up to a maximum of ₱49,700.

This is a key feature of Diskartech. If your balance exceeds this amount, the interest will not apply to the entire sum. It’s designed as a “basic deposit account” aimed at encouraging more Filipinos to start their savings journey.

Here’s a simple breakdown:

• Savings up to ₱49,700: You’ll earn the full 4.88% p.a. interest.
• Savings above ₱49,700: The interest earnings will be capped.

The interest is calculated daily and credited to your account monthly, minus a 20% withholding tax, as is standard for savings accounts in the Philippines.

A Trip Down Memory Lane: What Happened to the 6.5% Interest Rate?

The 6.5% interest rate was a promotional offer that Diskartech ran for a significant period. It was a fantastic incentive that helped them grow their user base and encourage financial inclusion. However, as the digital banking market evolves, it’s common for these promotional rates to be adjusted. The shift to 4.88% p.a. reflects a more sustainable, long-term interest rate offering.

How Does Diskartech’s Interest Rate Stack Up Against Other Digital Banks?

Even at 4.88% p.a., Diskartech holds its own against other popular digital banks in the Philippines. While some may offer slightly higher promotional rates, they often come with their own set of conditions and tiers. The key is to find the one that best suits your savings habits and goals.

It’s always a good idea to compare the latest rates from other digital banks to make an informed decision.

Is Diskartech Still a Good Choice for Your Savings?

Absolutely! Here’s why I think Diskartech is still a great option, especially for those who are just starting to save or want a separate account for a specific savings goal:

• No Initial Deposit and Maintaining Balance: You can open an account without worrying about fees.
• Easy to Use: The app is designed to be user-friendly, even for those who are not tech-savvy.
• Accessible: You can open an account with just one valid government-issued ID.
• Backed by a Reputable Bank: Being a product of RCBC, you have the assurance that your money is safe and secure.

If you’re looking to park a specific amount (up to ₱49,700) and want to earn a competitive interest rate on it, Diskartech is an excellent and straightforward choice.

How to Open a Diskartech Account and Start Earning Interest

Getting started with Diskartech is a breeze. Here’s a quick guide:

1. Download the App: You can find the Diskartech app on the Google Play Store or the Apple App Store.
2. Register: You’ll need to provide your basic information and a valid government ID.
3. Get Verified: Follow the in-app instructions for the verification process.
4. Cash In: Once your account is verified, you can start adding funds through various channels and begin earning interest!

Frequently Asked Questions (FAQs) About the Diskartech Interest Rate

• What is the current Diskartech interest rate in the Philippines?
  • As of July 2025, the interest rate is 4.88% per annum.
• Is the 6.5% interest rate still available?
  • No, the 6.5% p.a. was a promotional rate and has been updated to 4.88% p.a.
• Is there a limit to the savings that can earn interest in Diskartech?
  • Yes, the 4.88% interest rate applies to balances up to ₱49,700.
• How is the interest in Diskartech calculated?
  • The interest is calculated daily and credited to your account monthly, subject to a 20% withholding tax.
• Is Diskartech safe?
  • Yes, Diskartech is a product of RCBC (Rizal Commercial Banking Corporation) and is regulated by the Bangko Sentral ng Pilipinas (BSP). Your deposits are also insured by the PDIC for up to ₱500,000.

I hope this clears up any questions you had about the Diskartech interest rate! While the rate may have changed, it remains a compelling option for anyone in the Philippines looking to make their savings work for them. Happy saving!