With CIMB Bank, your savings can grow with the yearly base interest rate of 2.5% p.a. for UpSave accounts and 2.6% p.a. for GSave accounts. You may open an account right on your mobile phone in as fast as 10 minutes with fewer fees. Plus, you have three ways to enjoy a 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.
If you’re a student or a fresh grad aged 18-25 years old as of May 1, 2022, 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