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What Type of Savings Account Suits You Best?

When it comes to your financial goals, it’s important to find the products and services that can put you on the right track towards financial freedom. Securing your hard-earned money in a bank is an inevitable part of that journey. Learn the different types of savings accounts available to you and find the best one to fit your goals and lifestyle. 

Long term savings account

Are you saving for a rainy day? Open a savings account with market-leading interest rates to make the most out of your hard-earned money. This works best for those looking for a secure account to deposit their money for the long term in order to let it grow. If you’re interested in getting more benefits and perks out of your account, be sure to watch out for special promo offerings and even free life insurance.

 

Good news! You can get 2.5% p.a. interest with CIMB Bank’s UpSave Account for your long-term savings. Enjoy FREE life insurance coverage and we will match your coverage to your average daily balance up to PHP 250,000. 

Easy-access savings account 

Is having accessibility to your savings account number one on your checklist? A savings account that offers a debit card would most likely suit you best. This way, you’ll be able to easily withdraw and perform different transactions in any ATM and experience a seamless shopping experience. Imagine how convenient that would be!  

 

 

With CIMB Bank’s Fast Plus Account, you can open a savings account within 10 minutes and get a FREE payWave Visa debit card with a minimum cumulative cash in of PHP 100,000 into the account.

Partner-centric savings account 

Isn’t it a hassle to only have a few bank branches to deposit your money into? Here’s a workaround for you! Open a savings account with a strong partner network so your options are never limited. Have the option to deposit your money in convenience stores, shops, payment centers, and more! 

With a GSave account, you can access your account via the CIMB Bank PH app and the GCash Mobile app. Get 2.6% p.a. and have access to more than 17,000 CIMB Bank partner locations nationwide to perform different transactions.

 

Plus, you have three ways to enjoy a higher interest of 4% p.a. on your savings. First, is to maintain a 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 March 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

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: 

Seize your life’s goals with CIMB Bank. Download the CIMB App and apply now!

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

 

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