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Tonik introduces joint savings for couples: The 'Luv Stash'Stash and stay together with the 'Luv Stash,' the first and only in the Philippines MANILA, Philippines, Feb. 19, 2024 /PRNewswire/ -- Love is in the air as Tonik Digital Bank (Tonik), the pioneering digital bank in the Philippines, launches the 'Luv Stash'— the only savings product in the market enabling 2 people to save and earn a 4.5% interest rate. The Luv Stash is designed to bring couples closer through shared financial goals and exclusive interest rates, without the need to open a joint bank account. To start a Luv Stash, Tonik customers must complete the following steps:
There is more to love as Tonik Bank also offers the Group Stash—allowing groups of 3 or more to pool resources and work towards achieving their collective #SquadGoals—be it for travel, bills, or any other objective. One of the most common uses is for siblings to come together to support their parents financially. Top-ups into the Group Stash are visible to all Group Stash members, making it easy to calculate the contribution of each member. For more information on the Luv Stash promo, customers can reach out to Tonik Customer Care through the in-app chat feature in the Tonik App or via [email protected] and +63 2 5322 2645. Terms and conditions apply. Deposits are insured by PDIC up to ?500,000 per depositor. About Tonik Tonik is led by a team of retail finance veterans who have previously built and scaled multiple retail banks and fintechs across global emerging markets. It is backed by top international investors, including Sequoia India, Point72 Ventures, and Mizuho Bank. Tonik's tech stack is integrated in partnership with world-class banktech vendors including Mastercard, Finastra, Amazon Web Services, Google, Genesys, and Daon.?Tonik operates out of hubs in Singapore (HQ), Manila, and Chennai. View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tonik-introduces-joint-savings-for-couples-the-luv-stash-302064831.html SOURCE Tonik Digital Bank |