Special 4% Interest Rate plus FREE Insurance with GSave
Just make a deposit of at least PHP 500 per qualifying month
Deposits are insured by PDIC up to PHP 500,000 per depositor. CIMB Bank Philippines Inc. is supervised by the Bangko Sentral ng Pilipinas.
Promo ends in
Promo Mechanics (valid until June 30, 2021)
Must be part of the 18-25 age group as of May 1, 2021, have at least one (1) active and fully verified account with CIMB Bank PH i.e. UpSave and/or fully verified GSave account and must end every qualifying month with less than PHP 100,000 total relationship balance.
Must have made the required cumulative cash-in of at least PHP 500 from start until the end of each qualifying month for 4% p.a. for the same month and a free PHP 50,000 Personal Accident Insurance Coverage the succeeding month, i.e.
If a customer cashed-in a cumulative amount of PHP 500 on their accounts on the month of May, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st to 31st May 2021 and covered for up to PHP 50,000 worth of Personal Accident Insurance from 1st – 30th June 2021.
If a customer cashed-in a cumulative amount of PHP 500 on their accounts on the month of June, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st to 30th June 2021 and covered for up to PHP 50,000 worth of Personal Accident Insurance from 1st – 31st July 2021.
For GSave Account Holders: To be fully verified, GSave users must successfully link and upgrade their accounts in the CIMB Bank App, or a bank-initiated upgrade needs to happen. Upgrading on CIMB Bank App shall unlock the limits of their account and remove the cash in limit to maximize savings on the increased 4% p.a interest rate.
Special interest rewarding will only be granted for customer’s UpSave and/or GSave accounts.
Regardless if qualified for the exclusive interest rate promo, the regular base interest of 2.5% and 2.6% for UpSave and GSave will be shown in the CIMB Bank PH app. Crediting of the additional interest of 1.5% and 1.4% for UpSave and GSave shall come in the form of cash rebate payment on top of the monthly interest payout.
The additional interest earned (1.5% for UpSave and 1.4% for GSave) will be credited to the Eligible Participant’s CIMB Bank account within fourteen (14) business days after the exclusive interest rate period, provided that Eligible Participant’s account(s) MUST NOT be blocked and/or closed at the time of crediting.
Moreover, a customer can only qualify for only one (1) interest reward and one (1) insurance feature per month, thus, if the customer is qualified and granted the CIMB Life Insurance feature with coverage of PHP 50,000 and above, he/she will not be eligible for the PHP 50,000 Personal Accident Insurance Coverage.
The additional interest reward (1.5% for UpSave and 1.4% for GSave) shall be credited only to the Eligible Participant’s CIMB Bank subject account/s regardless of any request from the Eligible Participant or any other person to credit the Reward to the Eligible Participant(s) other accounts or third party’s accounts, whether or not held at CIMB Bank or any other banks.
Deposits are insured by PDIC up to PHP 500,000 per depositor. CIMB Bank Philippines is supervised by the Bangko Sentral ng Pilipinas.