Must have at least one active and unblocked GSave and/or UpSave Account. Fast and Fast Plus Accounts are not eligible.
Reward:
*inclusive of base rate of 2.6% p.a. for GSave and 2.5% p.a. for UpSave account **applicable for the first PHP200,000 ADB only
Mechanics and Terms and Conditions:
A. General Terms and Conditions
Must have at least one active and unblock CIMB GSave and/or UpSave account. Fast and Fast Plus accounts are not eligible.
The reward will be credited to customers' respective account/s within fourteen (14 banking days) after each of the qualifying month provided that customer’s account/s must not be blocked and/or closed at the time of crediting. The regular base rates are credited at the first day of each month.
Qualified customers will receive their additional interest reward credited to their savings account net after tax of 20% as required by the BIR. It will be in a form of account credit on top of regular monthly base interest payout.
The additional interest earned will be credited into the respective accounts, proportionately, depending on the monthly ADB of each account.
To calculate the average daily balance (ADB), customer must sum all their balances at the end of each day, for the qualifying month, and divide by the total number of days in the qualifying month.
To calculate the Total ADB, customers must add all the ADB of their CIMB GSave and/or UpSave account.
B. Earn 4% p.a. for all your balances this month – no cap!
Earn 4% p.a. on customer’s existing ADB with no cap.
This is applicable to all deposit customers of Gsave and/or UpSave accounts – new and existing deposit customers. Fast and Fast Plus accounts are not eligible.
4% p.a. is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for Gsave account and other promo/s.
For customers who have multiple UpSave and Gsave accounts with CIMB Bank PH, the special interest reward will be computed based on the qualifying month’s Total ADB (for UpSave and GSave only) with the Bank.
C. Earn +2% p.a. by growing your Total ADB by atleast Php 5,000
To qualify for the +2% p.a. interest, the customer must grow his ADB by atleast PHP 5,000 compared from previous month’s ADB
+2% p.a. interest will apply to the Total Average Daily Balance of up to PHP 200,000 only and inclusive of other promo/s.
For customers who have multiple UpSave and GSave accounts with CIMB bank PH, the special interest reward will be computed based on the qualifying month’s Total ADB growth of customer’s UpSave and/or GSave account in a month.
ADB growth in a qualifying month must be performed via customer-initiated cash in transaction via InstaPay, PESONet, Dragon Pay, Bayad Center, GCash, 7 Eleven, and Over- the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.
For the month of May 2024: Exclusive to Customers with open GSave and/or UpSave accounts as of March 31, 2024.
For the month of June 2024: Exclusive to Customers with open GSave and/or UpSave accounts as of April 30, 2024.
D. Earn +2% p.a. by transacting using your Virtual Debit Card of at least Php 5,000
To qualify for the +2% p.a. interest, the customer must spend a cumulative amount of at least PHP 5,000 using their CIMB Virtual Debit Card for the qualifying month. Any cumulative amount below PHP 5,000 will not be qualified.
+2% p.a. interest will apply to the Total Average Daily Balance of up to PHP 200,000 only and inclusive of other promo/s.
Valid transaction must be performed during each of the qualifying month within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure.
All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, Fast Plus) will be considered.
Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.
Open to new and existing GSave and/or UpSave customers.
E. Earn +3% p.a. by transacting using your Virtual Debit Card of at least Php 50,000
To qualify for the +3% p.a. interest, the customer must spend a cumulative amount of at least PHP 50,000 using their CIMB Virtual Debit Card.
+3% p.a. interest will apply to the Total Average Daily Balance of up to PHP 200,000 only and inclusive of other promo/s.
Valid transaction must be performed during each of the qualifying month within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure.
All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, Fast Plus) will be considered. Only CIMB Virtual Debit Card transactions are considered valid card transactions.
Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.
Open to new and existing GSave and/or UpSave customers.
F. Earn +4% p.a. by growing your Total ADB by at least Php 50,000
To qualify for the +4% p.a. interest, the customer must grow their ADB by at least PHP 50,000 compared from the previous month’s ADB.
+4% p.a. interest will apply to the Total Average Daily Balance of up to PHP 200,000 only and inclusive of other promo/s.
For customers who have multiple UpSave and GSave accounts with CIMB bank PH, the special interest reward will be computed based on the qualifying month’s Total ADB growth of the customer’s UpSave and/or GSave account in a month.
ADB growth in a qualifying month must be performed via customer-initiated cash-in transactions via InstaPay, PESONet, Dragon Pay, Bayad Center, GCash, 7 Eleven, and Over-the-counter Banks. Transfers within the account of the customer or within CIMB Bank accounts are not considered. Any delays in cash-in posting of funds in a month are not counted, regardless of the cause of the delay.
For the month of May 2024: Exclusive to Customers with open GSave and/or UpSave accounts as of March 31, 2024.
For the month of June 2024: Exclusive to Customers with open GSave and/or UpSave accounts as of April 30, 2024.
All of the above mechanics and additional interest rewards are inclusive of other interest rate campaigns.
Frequently Asked Questions
For sample computations, kindly refer to CIMB Bank PH website under ‘Latest Promotions’
The reward will be credited into the customer’s GSave Account within fourteen (14) business
days after the qualifying month.
Negative Scenarios, Basic Troubleshooting and Agent Handling and Escalation
Must include E2E Hotline and Chat/Email BTS and handling, process flow, suggested spiels and SLA/s, 3rd party or external support POC/escalation matrix, support tools/webtools and access (If any)
The additional interest earned will be credited to your respective GSave account within fourteen (14) banking days after each qualifying month. Should there be any delays in crediting, CIMB Bank PH will notify you via SMS and/or Email. For any questions or concerns, kindly contact CIMB at #2462 (#CIMB) from 6:00 AM to 10:00 PM daily.
Thank you for raising your concern. Should you have any disputes on the computation of the interest, kindly reach out to CIMB at #2462 (#CIMB) from 6:00 AM to 10:00 PM daily.
