5 Ways to Get Ready for World Savings Day

With World Savings Day just right around the corner, now is a good time to sit down and think about your goals. Write down a list of financial goals that you want to accomplish in the next five years as short term goals. You may also take time to reflect and think of your long-term financial goals such as retirement or home ownership. With clear goals set in mind, it would be easier to identify which part of your lifestyle you can adjust in order for you to achieve your targets.

You might have read this about a dozen times already, but there’s really no better time to start your savings journey than today. Start small so as not to feel overwhelmed. It can be as simple as saving PHP 50.00 a day or setting aside 10% of your monthly income to go to your savings. Do whatever works for your lifestyle but make sure to be diligent and you will persevere. Before you know it, you’ll be ticking off boxes on your list of goals. 

There’s no better feeling than knowing that you’re getting the best value for the money you save. Opening a high-interest savings account gives you the security and confidence that your money will never decrease in value with inflation. Choose a savings account that is accessible and has fewer fees to maximize your savings.

At CIMB Bank, you can enjoy the best-in-market interest rate conveniently! You may open an account right on your mobile phone is as fast as 10 minutes with fewer fees to keep in mind. Plus, you have three ways to enjoy higher interest of 4% p.a. on your savings. First, is to maintain minimum balance of PHP 100,000 in your UpSave and/or GSave account. Your second option is to grow your Average Daily Balance (ADB) by PHP 1,000 each month in your UpSave and/or GSave account to enjoy a higher rate on your savings. Plus, if you maintain a minimum of PHP 5,000 in your account, you are eligible for FREE Life Insurance coverage that’s worth your ADB up to PHP 250,000.

If you’re a student or a fresh grad aged 18-25 years old as of September 1, 2021, the CIMB Savings Starter Pack lets you enjoy a higher interest in your UpSave and/or fully verified GSave account. You only need to deposit at least PHP 500 each month and you can even get a Personal Accident Insurance coverage worth PHP 50,000 for FREE.

Find out how to get 4% p.a. interest when you maintain PHP 100,000 in your savings account with CIMB Bank here:

Click the link below to know how you can increase your ADB by PHP 1,000 to get 4% p.a. interest:

Learn more about the CIMB Savings Starter Pack when you visit the link below: 

Happy World Savings Day!

Seize your life’s goals with CIMB Bank! Download the app and open an account now.

Deposits are insured by PDIC up to P500,000 per depositor.

CIMB Bank Philippines Inc. is regulated by the Bangko Sentral ng Pilipinas. You may contact the BSP Financial Consumer Protection Department at (+632)8708-7087 or consumeraffairs@bsp.gov.ph.