CIMB Bank Special 7% Interest Rate Promo with GSave (Promo until June 30, 2022)
New GSave users who opened an account within the promo period, April 1, 2022 – June 30, 2022 will enjoy up to 7% p.a. interest rate for the first Php100,000 ADB for the first three (3) months.
Deposits are insured by PDIC up to PHP 500,000 per depositor. CIMB Bank Philippines Inc. is supervised by the Bangko Sentral ng Pilipinas.
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Promo Mechanics (valid until June 30, 2022)
How to Qualify:
- Open a new GSave account (first time depositor) within the campaign period.
- Newly opened GSave Account must be open and active (not blocked).
Reward:
- Earn up to 7% p.a. interest rate for the first three (3) months on an active GSave Account.
- 7% p.a. interest rate will be applicable for the first Php100,000 Average Daily Balance only. For customers who will be eligible for this campaign and existing 4% p.a. interest rate promo, anything in excess of Php100,000 ADB up to Php200,000 ADB will earn 4% p.a. (T&C applies)
- The additional interest earned will be credited to their respective GSave Account within fourteen (14) business days after each qualifying month. It will be in the form of account credit on top of the regular monthly base interest pay out of 2.6%
- To calculate Average Daily Balances, 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.
- For customers who have multiple Deposit accounts with CIMB Bank, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance (ADB).
Deposits are insured by PDIC up to PHP 500,000 per depositor. CIMB Bank Philippines is supervised by the Bangko Sentral ng Pilipinas.