List of Latest Digital Bank Deposit Rates as of 21 May 2026, Allo-Jago

Jakarta, CNBC Indonesia – The landscape of digital banking in Indonesia continues to show dynamic competition in attracting customers through adjustments to deposit interest rates. This strategy forms part of liquidity management as well as banks’ efforts to mobilise third-party funds (DPK). Based on today’s monitoring on Wednesday, 20 May 2026, a number of digital banks have set interest rate structures that vary depending on the placement term and balance nominal. There are several rates that have changed due to potential global interest rate hikes that could occur today at Bank Indonesia and the forecast Fed Funds Rate that could rise at the upcoming FOMC. Below are the details of the interest calculation simulations from five digital banking entities. Superbank – Superbank offers a relatively aggressive interest rate structure and advantageous for customers with placement balances below IDR 1 billion for medium to long tenors. The highest interest rate touches 7.50% for balance ranges IDR 500,000 to IDR 1 billion for tenor 1 month to 12 months. Conversely, placing funds above IDR 1 billion in the same tenor actually receives a lower rate of 6.50%. For short-term liquidity placements of 7 days and 14 days, the interest rate is fixed at 6.00% for all balance categories. Allo Bank – Allo Bank sets a maximum interest rate at 7.50% applicable specifically for the 12‑month tenor, for both below and above IDR 1 billion. Looking at short tenors such as 1 month, 3 months, and 6 months, there is a new incentive interest scheme. Specifically for the 3‑month and 6‑month tenors, depositors with large nominal above IDR 1 billion are entitled to higher yields with a difference of 0.25%–0.50% higher than the tier below. For the 24‑month tenor, the interest rate is aligned again at 6.50% for all nominal categories. Bank Jago – Bank Jago implements a tiered deposit interest scheme based on placement nominal for 1, 3, and 6‑month tenors. In the lowest tier (IDR 1 million–IDR 99.99 million), the rate is 5.00% to 5.25%. A flat rate then applies for the category IDR 100 million–IDR 499.99 million at 5.50% and IDR 500 million–IDR 999.99 million at 5.75% across those tenors. Meanwhile, the maximum yield of 6.00% is specifically given to depositors with balances at or above IDR 1 billion for the short tenors of 1 and 3 months, before eventually easing to 5.75% at the 6‑month tenor. SeaBank – SeaBank’s deposit product is classified into two schemes, namely regular and promo rates. The highest rate is 6.00% applied to the 12‑month tenor for both schemes. There are differences in the 1‑month and 3‑month tenors, where the promo scheme yields 0.25% to 0.50% higher than the regular scheme. For 6‑ and 12‑month tenors, the percentage rate between the two schemes is the same. blu – The digital bank blu structures its deposit rates across five nominal categories and three placement time groups. The highest return is 4.75% for deposits of IDR 1 billion and above for the 3‑month tenor. As an additional note, for the middle-to-long tenor group of 4 to 12 months, blu simplifies the nominal tiering and caps the maximum rate at 4.00% for all deposits from IDR 100 million upwards. Krom Bank – Krom Bank applies a relatively aggressive policy with a flat scheme that does not distinguish customer deposit nominal category. For short-term instruments with a tenor of 14 days, the bank offers a return of 6.50%, rising to 7.50% for a 1‑month tenor. The maximum rate is 8.00% uniformly for all customers placing funds for a 12‑month term. Bank Raya – Bank Raya via the Saku Jaga Optimal feature offers flexibility in locking funds with yields that move progressively with tenor duration. The interest rate starts at 4.00% for 1‑month locking and climbs with longer commitment. The highest offer is the 24‑month tenor at 6.00% as a reward for customer loyalty of funds.