4% p.a. Special Interest Rate Promo (For PHP1k ADB)
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Until Promo Ends
CIMB 4% p.a. Special Interest Rate Promo
Extended until June 30, 2021!
Enjoy our increased interest rate of 4% p.a on your savings! Just grow your ADB by PHP 1,000 every month!
Promo Mechanics
Promo Period
This promo will run from May 1 to June 30, 2021
How to Qualify
Customers who received an SMS about the promo are encouraged to grow their Average Daily Balances (ADB) by at least PHP1,000 from start until the end of every qualifying month on their respective GSave and/or UpSave accounts. If complied, qualified account holders will get an effective interest rate of 4% p.a. on their average daily balances of up to PHP 250,000 for the same month.
Reward
The increased interest reward shall be credited to the qualified account within 14 business days from the end of each qualifying period.
Remarks
Only the customers who received the campaign SMS are qualified for this special offer.
Only UpSave and GSave accounts are eligible for this promotion. Fast and Fast Plus accounts are not eligible.
Promo will run from May 1 until June 30, 2021 and thus customers have two (2) months to qualify for the 4% p.a. special interest rate promo.
To qualify, customers need to grow their average daily balance by at least PHP1,000 from start until the end of each qualifying month within the campaign period to qualify for 4% p.a. on their average daily balance of up to PHP 250,000 for the same month. For average daily balances in excess of PHP 250,000, customers will qualify for 2.5% p.a. interest for UpSave and 2.6% p.a. interest for GSave accounts. On the second qualifying month, the beginning balance of the 1st day of the month will be the basis for the ADB growth.
An SMS will be sent within the 1st week after every qualifying month notifying if the customer has met the required average daily balance growth (ADB) and will be granted the 4% p.a. special interest rate promo.
The additional interest earned will be credited to their respective accounts within fourteen (14) business days after each qualifying period. It will be in the form of account credit on top of the regular monthly base interest payout.
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