This campaign is opened to all customers with at least one active and unblock GSave and/or UpSave account that has been registered with a local or international mobile number.
Both New to Bank and Existing to Bank customers are eligible for this campaign. New to Bank customers are defined as those who open their GSave and/or UpSave accounts within the campaign period whereby Existing to Bank customers are defined as those who open their GSave and/or UpSave accounts prior to the campaign period.
Only GSave and/or UpSave accounts are eligible for this campaign. Other deposit accounts do not qualify for the rewards.
Eligibility for campaign rewards is contingent upon the customer maintaining or increasing their total Average Daily Balance (ADB) (inclusive of all savings, current, and time deposit accounts) with the Bank during the campaign period. Customers will not be eligible for rewards if their total ADB is lower than the previous month, even if they grew their UpSave and/or GSave accounts.
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.
For newly open account, average daily balance (ADB) will be computed from the account open date and divided by the total number of days from account open date in the qualifying month. Otherwise, the 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 UpSave and GSave account.
A. Get 3.00% p.a. no cap
Earn 3.00% 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 Plus and LazSave accounts are not eligible.
3.00% p.a. is inclusive of the 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.
B. Earn +1.00% p.a. interest by growing your Total ADB by at least ₱1,000
New to Bank customers: Customer must maintain his / her total Average Daily Balance (ADB) by at least ₱1,000 during the month in which they open their account. The ADB calculation for New to Bank customers will be computed from the account open date and divided by the total number of days from account open date in the qualifying month.
Existing to Bank customers: Customer must grow his/her total Average Daily Balance (ADB) by at least ₱1,000 compared to the previous month’s total ADB.
The additional 1.00% p.a. interest rate is applicable to the Total Average Daily Balance growth on the UpSave and/or GSave from the previous month only, no cap, and inclusive of other promo/s.
Customers whose total Average Daily Balance (ADB) (inclusive of all savings, current and time deposits) with the Bank is lower than the previous month's balance will not be eligible for the additional interest rate.
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, GCash, 7 Eleven, Remittance (via RIA and Remitly) and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered as ADB Growth. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.
C. Earn +2.0% p.a. interest by growing your Total Average Daily Balance by at least ₱5,000
New to Bank: Customer must maintain his / her total Average Daily Balance (ADB) by at least ₱5,000 during the month in which they open their account. The ADB calculation for New to Bank customers will be computed from the account open date and divided by the total number of days from account open date in the qualifying month.
Existing to Bank: Customer must grow his/her total Average Daily Balance (ADB) by at least ₱5,000 compared to the previous month’s total ADB.
The additional 2.0% p.a. interest rate is applicable to the Total Average Daily Balance growth on the UpSave and/or GSave from the previous month only, no cap, and inclusive of other promo/s.
Customers whose total Average Daily Balance (ADB) (inclusive of all savings, current and time deposits) with the Bank is lower than the previous month's balance will not be eligible for the additional interest rate.
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, GCash, 7 Eleven, Remittance (via RIA and Remitly) and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered as ADB Growth. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.
D. Earn +2.50% p.a. interest by growing your Total Average Daily Balance by at least ₱10,000
New to Bank: Customer must maintain his / her total Average Daily Balance (ADB) by at least ₱10,000 during the month in which they open their account. The ADB calculation for New to Bank customers will be computed from the account open date and divided by the total number of days from account open date in the qualifying month.
Existing to Bank: Customer must grow his/her total Average Daily Balance (ADB) by at least ₱10,000 compared to the previous month’s total ADB.
The additional 2.50% p.a. interest rate is applicable to the Total Average Daily Balance growth on the UpSave and/or GSave from the previous month only, no cap, and inclusive of other promo/s.
Customers whose total Average Daily Balance (ADB) (inclusive of all savings, current and time deposits) with the Bank is lower than the previous month's balance will not be eligible for the additional interest rate.
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, GCash, 7 Eleven, Remittance (via RIA and Remitly) and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered as ADB Growth. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.
E. Earn +3.50% p.a. interest by growing your Total Average Daily Balance by at least ₱50,000
New to Bank: Customer must maintain his / her total Average Daily Balance (ADB) by at least ₱50,000 during the month in which they open their account. The ADB calculation for New to Bank customers will be computed from the account open date and divided by the total number of days from account open date in the qualifying month.
Existing to Bank: Customer must grow his/her total ADB by at least ₱50,000 compared to the previous month’s total ADB.
The additional 3.50% p.a. interest rate is applicable to the Total Average Daily Balance growth on the UpSave and/or GSave from the previous month only, no cap, and inclusive of other promo/s.
Customers whose total Average Daily Balance (ADB) (inclusive of all savings, current and time deposits) with the Bank is lower than the previous month's balance will not be eligible for the additional interest rate.
AFor 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, GCash, 7 Eleven, Remittance (via RIA and Remitly) and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered as ADB Growth. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.
All the above mechanics and additional interest rewards are inclusive of other interest rate campaigns.
Frequently Ask 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.
