Special 4% Interest Rate plus FREE Insurance with GSave (Extended until August 31, 2021)

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 Mechanics (valid until August 31, 2021)

  1. Must be part of the 18-25 age group as of July 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.
  2. 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 July, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st July to 31st August 2021 and covered for up to PHP 50,000 worth of Personal Accident Insurance from 1st July – 31st August 2021.
    • If a customer cashed-in a cumulative amount of PHP 500 on their accounts on the month of July, he/she will be entitled to the special interest rate of 4% p.a. on their average daily balance (ADB) from 1st July to 31st August 2021 and covered for up to PHP 50,000 worth of Personal Accident Insurance from 1st July – 31st August 2021.
  3. 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.
  4. Special interest rewarding will only be granted for customer’s UpSave and/or GSave accounts.
  5. 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.
  6. 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.
  7. 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.
  8. 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.

Start GSaving

Frequently Asked Questions

CIMB SAVINGS STARTED PACK (“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 July 2021 – 31st August 2021, both dates inclusive (“the Campaign Period”).

Must be part of the 18-25 age group as of July 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 be part of the 18-25 age group as of July 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.

The base interest earned (2.5% for UpSave and 2.6% for GSave) and 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. 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 above 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.

A customer can only qualify for only one (1) interest reward and one (1) insurance feature per month.

Upon account opening, CIMB Bank will send your temporary login credentials through SMS with the following details:

  • Username: Your registered mobile number starts with “9”. (Example: 9876543212)
  • Password: Randomized password (Only you will be able to see this)

Once you have received the temporary login credentials, you can proceed to link with the following steps:

  1. Download and launch the CIMB Bank PH App
  2. Tap on “link my GSave account”
  3. Input your temporary username and password (from the SMS)
  4. Create your desired username & password and complete the required information (you will be using these credentials to login to the CIMB Bank PH app)
  5. Key in the 6-digit OTP sent to your registered mobile number
  6. Verify your registered email address
  7. Create your 6-digit MPIN (you will be using this for transaction authentication)

*Mobile number starts with 9 (Example: 9876543212)

And you’re all done!

See link: https://www.cimbbank.com.ph/en/help-and-support/faqs/account-maintenance/gsave-account-maintenance/how-do-i-link-my-gsave-account-to-cimb-bank-ph-app.html

  1. Go to your GSave Dashboard and click on “Upgrade Now”
  2. Fill out the form with the necessary information.
  3. Once the form is submitted, you should receive a confirmation text message that your GSave account has been upgraded!

And you’re all done!

See link: go.gcash.com/gsave-account-update

  1. You can cash-in to your GSave account inside the GCash app.
  2. You can cash-in to your UpSave account inside the CIMB Bank PH app via the channels below:
Back to GCash App