CIMB Bank celebrates Best PH Bank recognition by offering savings interest rates of up to 12%
As a thank you for being recognized as Forbes’ Best Bank in the Philippines, leading digital banking services provider CIMB Bank PH launched a series of promos for new and existing CIMB customers.
From 01 May 2023 to 30 June 2023, existing UpSave or GSave customers can get 6% per annum (p.a.) interest on their Average Daily Balances (ADBs) of up to PHP 200,000. On the other hand, new customers opening either an UpSave or a GSave account will get an interest rate of 12% p.a. annum on their ADBs of up PHP 200,000. In both instances, ADBs in excess of PHP 200,000 will earn the base interest rates of 2.5% and 2.6% for UpSave and GSave respectively.
Meanwhile, CIMB deposit customers spending at least PHP 1,000 using their virtual debit cards will get a cashback of 5%, capped at PHP 100 per custossmer, every month within the aforementioned campaign period.
“We owe our success and recent recognition to our 7 million-strong customers and their unwavering support,” said CIMB Bank PH Chief Executive Officer Vijay Manoharan. “This is our simple way of showing our gratitude and reinforcing our commitment of providing Filipinos financial solutions that offer genuine value and enable them to fulfill their life’s purpose.”