Ever heard of Tonik bank? It is an online bank available in the Philippines that earns 6.00% p.a. for time deposit for a min. of 5000php. Your 5k will earn 525php in 24mos. less 20% tax. It turns now that Tonik Bank has the highest savings account interest rate in the country at 4 to 4.5% p.a. What do you think?