[Save Money] CIMB: Earn up to 3x worth of interest

Promo Mechanics

  • Open to all Save Money registered users
  • The GCash transactions must be done via the GCash App.
  • Account holders are encouraged to have a net balance growth of at least Php10,000 or at least Php20,000 during the promo period (November 20th to November 30th) to be eligible for the cash incentive.
  • The value of the cash incentive will be based on the end balance of the customer at the end of the promo period (November 30, 2019), which will be equivalent to a month’s interest payout (for Php10,000 growth), or two months’ worth (for Php20,000 growth). (Sample shown below.)
  • Save Money users customers considered eligible for this Campaign must fulfill all the following conditions (the Qualifying Criteria”): 
      • Must have an existing or new account with Save Money during the promo period (20th November 2019 to 30th November 2019). 
      • Must make a net balance growth of at least P10,000 during the promo period (20th November 2019 to 30th November 2019) to be eligible for a cash incentive or: 
      • Must make a net balance growth of at least P20,000 during the promo period (20th November 2019 to 30th November 2019) to be eligible for a cash incentive. 
      • Value of cash incentive is based on the end balance of the customer at the end of promo period (30th November 2019). 
      • CIMB will award the eligible customer with cash incentive equivalent to 1 or 2 month’s interest payout for customers who grew their balance, during the promo period, by at least P10,000, or P20,000, respectively.
  • The Eligible Participant(s) shall be entitled to the following cash incentive:
    • Example 1: Have a net balance growth of at least P20,000 during the promo period
      • Balance as of Promo Start (November 20, 2019 12:01AM) P 10,000 
      • Growth of balance during Promo Period (November 20 – 30, 2019) P 50,000
      • Balance as of Promo End (November 30, 2019 11:59PM) P 60,000 
      • Effective Interest Rate for the month of November 3% p.a. 
      • Cash Reward P 300 Cash Reward Computation = (End November Balance * 60 / 360) * Interest Rate = (P60,000 * 60 / 360) * 3.00% = P300.00 
    • Example 2: Have a net balance growth of at least P10,000, and less than P20,000 during the promo period 
      • Balance as of Promo Start (November 20, 2019 12:01AM) P 10,000 
      • Growth of balance during Promo Period (November 20 – 30, 2019) P 15,000
      • Balance as of Promo End (November 30, 2019 11:59PM) P 25,000 
      • Effective Interest Rate for the month of November 3% p.a. 
      • Cash Reward P 62.50
  • Each Eligible Participant is entitled to the cash incentive, if met the required action, as illustrated in Clause 3 above. A customer can only be rewarded once during the entirety of this campaign and has a maximum of P10,000 earned reward cap.
  • The Reward will be credited to the customer’s respective accounts by December 9, 2019 after completing the required action. Customers whose comprehensive relationship with CIMB Bank are not in good standing, not current and performing, or closed, are disqualified being rewarded from the promotion, regardless if they have opened an eligible account and made eligible activities during the promo period. Eligible users must keep in consideration their account limits, if any. If a user has reached their account limit, such that crediting of reward shall breach account limit, users must then verify their account, and remove account limits to allow reward crediting. 
  • CIMB bank is responsible for checking promo eligibility and sending out prizes to eligible winners. 
  • CIMB Bank, prior to the DTi approval, reserves the right at its sole discretion to disqualify any Customer(s) that it determines to be tampering with the entry process, or to be acting in breach or potential breach of these Terms and Conditions.
  • For feedbacks and/or complaints related to this Campaign, the Customer(s) may contact the Bank’s Customer Contact Center at #CIMB (#2462).
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Frequently Asked Questions

CIMB will award the eligible customer with cash incentive equivalent to 1 or 2 month’s interest payout for customers who grew their balance, during the promo period, by at least P10,000, or P20,000, respectively.

GCash users that are registered on Save Money account may join. User must have never grow his/her balance by at least P10,000 to P20,000.

Subscribers can join this promo by growing his/her Save Money balance by at least P10,000.00 to P20,000 within the promo period.

Users who are eligible will receive their prize money by December 9, 2019.

Winners will be contacted by CIMB.

Yes, the following individuals are not eligible to join the promo:

 

Employees, affiliates, subsidiary companies and representatives of GCash. Partner agents of GCash including their affiliates and subsidiary companies.

 Any person or entity professionally connected with the promotion; and any person prohibited from participating in the Promotion under any statute, law, regulation, ordinance, rule, directive, guidelines, 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.

Users who engage in this or any form or promo abuse will be barred from future promotional activities.

Users that have already made their very first deposit prior to promo period.

A GCash subscriber can only win ONCE.

Your prize will be sent to your account by CIMB Bank.

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