The Bank first introduced its savings accounts, UpSave and GSave, where customers can experience the convenience of banking 24/7 and get interest rates as high as 4% per annum, over 1600% higher than the country’s leading banks. Moreover, the Bank offers free life insurance coverage for customers who have a minimum average daily balance (ADB) of PHP 5,000. The coverage is equivalent to the customer’s ADB capped at PHP 250,000. Furthermore, the Bank’s Fast Plus savings account enables a select segment of customers to get a free VISA payWave debit card, which can be used in over 21,000 ATMs nationwide.
CIMB Bank Philippines also partnered with over 17,000 partner locations where customers can conveniently process their transactions such as cash-in, cash-out, and loan repayment in 7-Eleven stores and Bayad Center branches, the country’s leader in outsourced payment collection.