Best Digital Banks in Indonesia for High Interest Savings and CDs in 2026

I’ve been looking into where people are parking their cash right now in Indonesia, especially if you want something better than the usual low-yield savings accounts from conventional banks. Digital banks are still offering noticeably higher interest rates on both savings and deposit products in 2026, and a few names keep coming up in articles and financial discussion threads.

The standout for high deposit rates this year seems to be Bank Amar. According to the latest market checks, they have deposit rates going up to around 9% per year, depending on tenor and terms. This kind of yield is well above what most conventional banks are offering at the moment. However, these higher rates often exceed the Lembaga Penjamin Simpanan (LPS) guarantee ceiling, so make sure you understand the implications of that before depositing big amounts.

Another bank that often gets mentioned in conversations about high yields is Krom Bank (also known as PT Krom Bank Indonesia). You can find deposit offers in the range of about 7.5% to 8.75% per year, again depending on the tenor you choose. People on finance forums are talking about how aggressive this is compared with older digital banks.

Things like Allo Bank also pop up with competitive deposit rates in the 6.5–7.5% range, which isn’t as high as Amar or Krom but still well above what big traditional banks are giving right now.

It’s also worth noting that some digital banking platforms go beyond just fixed deposits. For example, a service that isn’t a conventional bank but is licensed for regulated financial services may pay interest on your idle balance without locking it in. One example that’s been highlighted in recent overviews is Fazza, which offers something like 6.5% on idle money in the account and up to 9% on structured deposit products. That kind of flexibility can be appealing if you want returns without committing your funds for long terms.

At the same time, the less aggressive digital names like Line Bank or blu by BCA Digital still offer decent rates if you prioritize feel-good reliability over chasing the highest possible yields. Their savings or deposit interest tends to be closer to the 3–5% range but with arguably more familiar regulatory backing.

Here’s my breakdown for digital banks in 2026.

A couple of points worth mentioning and discussing with others here:

Interest rates that go above the LPS guarantee level technically aren’t protected if something really unusual happens, so some people on forums suggest keeping amounts below certain thresholds or diversifying across institutions.

A lot of the highest rates are tied to specific tenors, like 6 to 12 months, so your actual return depends a lot on where you park your funds.

Curious what experiences others here have had with these banks in real life. Has anyone locked up funds for a year at one of the higher rates and been happy with the process? How do you balance the rate versus the safety angle when it comes to digital banks these days?

Looking forward to hearing thoughts and maybe breaking this down by product type soon.