Get 4% Interest Rate and Free Insurance with GSave!

Promo Mechanics

Get 4% interest rate on your savings AND free insurance! Simply deposit a cumulative amount of Php 500 per qualifying month (November or December)

Terms and Conditions

  1. Must be part of the 18-25 age group, have at least one (1) active account  with CIMB Bank PH i.e. UpSave and/or GSave account and must end every qualifying month with less than PHP100,000 total relationship balance. 
  2.  Must have made the required cumulative cash-in of at least PHP500 from start until the end of each qualifying month to qualify for 4% p.a. for the same month and a free PHP50,000 Personal Accident Insurance Coverage the succeeding month, i.e,. 
    1. If a customer cashed-in a cumulative amount of PHP500 on their accounts on the month of November, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st – 30th November 2020 and covered for up to PHP50,000 worth of Personal Accident Insurance from 1st – 31st December 2020. 
    2. If a customer cashed-in a cumulative amount of PHP500 on their accounts on the month of December, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st – 31st December, 2020 and covered for up to PHP50,000 worth of Personal Accident Insurance from 1st – 31st January 2021.
  3. Special interest rewarding will only be granted for customer’s UpSave and/or GSave accounts.
  4. Regardless if qualified for the exclusive interest rate promo, the regular base interest of 3% and 3.1% for UpSave and GSave will be shown in the CIMB Bank PH app. Crediting of the additional interest of 1% and 0.9% for UpSave and

Frequently Asked Questions

The CIMB Youth Program (“this Campaign”) is intended to reward eligible and existing CIMB Bank Philippines (“CIMB Bank”) customers in recognition of their  becoming pioneer customers of the newly established all digital bank in the Philippines. The campaign period shall run from 1st November 2020 – 31st December 2020, both dates inclusive (“the Campaign Period”).

This is open to all GSave account holders aged 18-25 years old.

For all eligible users, they must make a deposit of at least Php 500 within the month to be eligible for the 4% special promotion and the Php 50,000 Personal Accident Insurance.

For all eligible users, they receive the additional interest of 0.9% (prorated) within 14 days after the eligibility month. They will also receive a confirmation message from CIMB for the Personal Accident coverage.

Yes, the following individuals are not eligible to join the campaign

  1. Anyone not within the age range of 18-25 years old. (You may join the other 4% promos here:
  2. Any person or entity professionally connected with the campaign; and any person prohibited from participating in the campaign under any statute, law, regulation, ordinance, rule, directive, guideline, policy, requirement, or other governmental restriction or any similar form of decision, or determination by, or any interpretation or administration of any of the foregoing by the Philippines or any instrumentality thereof.
  3. Users who engage in this or any form or promo abuse will be barred from future promotional activities.

Users can enjoy the reward once every month.

Crediting of the additional interest of 1% and 0.9% for UpSave and GSave shall be capped at PHP500 per qualifying month and shall come in the form of cash rebate payment on top of the monthly interest payout.  

Further, users are only eligible to receive one (1) insurance coverage at a given point in time.

If a user becomes eligible for the FREE life insurance feature of GSave by maintaining at least Php 100k Average Daily Balance on his account, he will then receive the FREE life insurance coverage (https://www.gcash.com/free-insurance-with-gcash) , and not the Personal Accident Coverage any longer.

Back to promos