6% p.a. Deposit Campaign for Existing Customers

Earn 6% p.a. interest rate on your first PHP 200,000 Average Daily Balance. All you need to do is maintain your current balance with us!

1. Must have at least one active and unblocked UpSave and/or GSave account as of April 30, 2023. Fast and Fast Plus accounts are not eligible.

2. Open to CIMB Bank Customers of UpSave and/or GSave accounts only. Fast and Fast Plus accounts are not eligible.

3. Interest rate will be applied to GSave and/or UpSave account’s Total Average Daily Balance (ADB) at a combined customer relationship level (GSave + UpSave ADB), not on an account level. 

4. 6% p.a. interest rate will be applicable for the first PHP 200,000 total ADB of UpSave and/or GSave accounts of customer, inclusive of other promo and regular base rate of 2.6% p.a. for GSave and 2.5% p.a. for UpSave, respectively. In excess of PHP 200,000 total ADB will get the regular base rate.​

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5. The additional interest earned will be credited into the respective accounts, proportionately, depending on the monthly ADB of each account.

6. For customers who have multiple UpSave and/or GSave accounts with CIMB Bank, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance (ADB) for UpSave and/or GSave accounts.

• To calculate the ADB, 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. 

• To calculate the Total ADB, customers must add all the ADB of their UpSave and/or GSave accounts in the qualifying month.

7. The additional interest earned will be credited to the Eligible Participant’s CIMB Bank PH account less 20% Withholding Tax (WHT) within fourteen (14) business days after each of the qualifying month, provided that Eligible Participant’s account(s) MUST NOT be blocked and/or closed at the time of crediting. The regular base rates are credited on the first day of each month. 

8. The additional interest reward shall be credited only to the Eligible Participant’s CIMB Bank PH subject account/s, regardless of any request from the Eligible Participant or any other person to credit the Reward to the Eligible Participant's other accounts or third party’s account.

Scenario 1:

Customer is an existing CIMB Bank GSave and UpSave account holder since December 2022 and is eligible for the 6% p.a. interest rate (applicable for the first PHP 200,000 Total Average Daily Balance (ADB) of GSave and UpSave account). The customer has an existing total ADB of PHP 100,000 in May, thus the promo interest rate will be applied to the amount.​

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Computation for number of days:​

• May 2023: Whole month of May​

Scenario 2:

Customer is an existing CIMB Bank holder of GSave and UpSave account since June 2019 and is eligible for the 6% p.a. interest rate (applicable for the first PHP 200,000 Total Average Daily Balance (ADB) of GSave and UpSave account). The customer has a Total ADB of PHP 210,000 in June, thus interest rate will be applied to his Total ADB of PHP 200,000 only. The excess total ADB of PHP 10,000 will earn regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave, respectively, which will be credited every first day of the month.​

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Computation for number of days:​

• June 2023: Whole month of June​

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