Special 4% Interest Rate Promo

Promo Mechanics

  1. Open to all GSave account holders.
  2. Users are encouraged to upgrade or link their accounts to CIMB to lift deposit amount limits.
  3. The promo will run from June 1, 2020 to September 30 2020.
  4. Users can use their GSave, GSave Plus or UpSave accounts.
  5. Users are eligible if they:
    • Have a total relationship balance of PHP 100,000 by the end of June 30  = 4% interest rate from June 1 to June 30.
    • Have a total relationship balance of PHP 100,000 by the end of July 31 = 4% interest rate from July 1 to July 31.
  6. If a customer has a balance below the required minimum, he/she must deposit to any of his/her UpSave and GSave accounts, if more than one, such that the total relationship balance will meet the minimum PHP100,000 balance requirement by the end of each qualifying month (30th June and 31st July). 
    • For GSave Account Holders: If a customer has a GSave account, he/she must successfully link, verify, and upgrade their account to GSave Plus on the CIMB Bank App in order to unlock the limits of their account and deposit more than the PHP100,000 cash in limit.
    • Balances in a customer’s Fast/Fast plus account will not be considered in the total relationship balance eligibility. GSave and UpSave accounts only are eligible.
  7. Each Eligible Participant is entitled to an increased interest rate for UpSave and/or GSave if met the qualifying criteria. 
  8. Customers can apply again for the succeeding month provided that the customer meets the qualifying criteria of having a month-end balance of PHP 100,000. 
  9. The additional interest will be credited to the Eligible Participant’s CIMB Bank account within fourteen (14) business days after the special interest rate period. This shall come in the form of cash rebate payment on top of the monthly base interest payout.
  10. For GSave users to be able to cash in the required amount during the eligibility period, they may use CIMB cash-in channels in the CIMB Bank PH App,

Frequently Asked Questions

Maintaining PHP 100,000 in your Save Money account during the eligibility period upgrades your interest rate during the time period to 4% interest rate per annum,

Users who have received communications about the promo from CIMB Bank as well as users who have upgraded their GSave account by linking to the CIMB Bank App can join the promo.

Eligible users have to have an end-of-month balance of at least PHP 100,000 in their savings account during the qualifying period so their interest rate can be upgraded to 4% pa.

The additional interest earned will be credited to their UpSave and/or GSave account within fourteen (14) business days after the exclusive interest rate period. It will be in the form of cash rebate payment on top of the regular monthly interest payout.

Your transactions in GCash are currently limited by your incoming and outgoing transaction limits which is currently less than the qualifying amount. To reach PHP 100,000, it is encouraged that you cash in / deposit / transfer using the CIMB Bank PH app, which has different limits. Cash in methods are currently: 7-11, DragonPay, and PesoNet transfer to your CIMB Bank account through the CIMB Bank PH app.

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