Tonik introduces 'Luv Stash' for couples: Joint savings made easy

Digital Reinvention
22/02/2024 News

Tonik Digital Bank is transforming savings for couples in the Philippines with its latest offering, the 'Luv Stash.' This unique product allows partners to save together towards shared goals while enjoying an attractive 4.5% interest rate.

To get started, Tonik customers can create a Luv Stash and invite their partner directly through the Tonik App. Both partners must contribute a minimum of PHP 14 each during the promotional period to qualify for the interest rate.

The simplicity and flexibility of the Luv Stash make it an ideal choice for couples seeking to strengthen their financial bond without the need for a joint bank account. Plus, personalized features like adding pictures or setting target amounts enhance the savings experience.

In addition to the Luv Stash, Tonik also offers the Group Stash, catering to groups of three or more individuals with collective savings goals. This feature is particularly popular among siblings pooling resources to support their parents financially.

With visibility into all members' contributions, the Group Stash facilitates coordination and progress tracking, ensuring everyone stays on track towards their shared objectives.

Tonik's introduction of the Luv Stash and Group Stash underscores its commitment to providing innovative financial solutions that promote unity and prosperity among its customers.

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