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Until Promo Ends

Eligibility and How to Qualify​

  • Customer must have at least one active and unblocked GSave and/or UpSave Account. Fast and Fast Plus Accounts are not eligible.​
  • All of the additional promo interest rewards are inclusive of other interest rate campaigns.

When Life Rains, Your Savings Reign!

Earn +3.5% p.a. interest on all your balances this month –NO CAP!

  • Open to all new and existing deposit customers of GSave and/or UpSave accounts. ​​

  • Earn 3.5% p.a. interest on all your balances this month – no cap!​​

  • 3.5% p.a. interest is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave account and other promo/s interest rate. ​​

  • For customers who have multiple UpSave and Gsave accounts with CIMB Bank PH, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance with the Bank (for UpSave and GSave only).​

Earn +2% p.a. interest by growing your Total Average Daily Balance by at least ₱5,000​

  • Customer must grow his/her total Average Daily Balance by at least  ₱5,000 compared to the previous month’s total Average Daily Balance.​​

  • The additional 2% p.a. interest rate is applicable to the Total Average Daily Balance of up to ₱100,000 only and inclusive of other promo/s.
  • For customers who have multiple UpSave and GSave accounts with CIMB bank PH, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance growth of customer’s UpSave and/or GSave account in a month.​
  • Average Daily Balance growth in a qualifying month must be performed via customer-initiated cash in transaction via InstaPay, PESONet, Dragonpay, Bayad Center, GCash, 7 Eleven, and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay. ​​

  • Only applicable to existing deposit customers:​​

 

For the month of July: Applicable to UpSave and/or GSave accounts opened on or before May 31, 2024.​

For the month of August: Applicable to UpSave and/or GSave accounts opened on or before June 30, 2024.​

Earn +2.5% p.a. interest by growing your Total Average Daily Balance by at least ₱50,000​

  • Customer must grow his/her total ADB by at least ₱50,000 compared to the previous month’s total Average Daily Balance.​​

  • The additional 2.5% p.a. interest rate is applicable to your Total Average Daily Balance of up to ₱100,000 only and inclusive of other promo/s.
  • For customers who have multiple UpSave and GSave accounts with CIMB bank PH, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance growth of customer’s UpSave and/or GSave account in a month.​
  • Average Daily Balance growth in a qualifying month must be performed via customer-initiated cash in transaction via InstaPay, PESONet, Dragon Pay, Bayad Center, GCash, 7 Eleven, and Over-the-counter Banks. Transfers within account of customer or within CIMB Bank accounts are not considered. Any delays in cash-in posting of funds in a month is not counted, regardless of the cause of the delay.​

  • Only applicable to existing deposit customers: ​

     

    For the month of July: Applicable to UpSave and/or GSave accounts opened on or before May 31, 2024.​

    For the month of August: Applicable to UpSave and/or GSave accounts opened on or before June 30, 2024.​

Earn +3.% p.a. interest by spending ₱ 5,000 using your Virtual Debit Card​​

  • Open to all new and existing deposit customers of GSave and/or UpSave accounts .​

  • Customer must spend a cumulative amount of at least PHP 5,000 using his/her CIMB Virtual Debit Card for the qualifying month. ​​

  • The additional 3% p.a. interest rate is applicable to the Total Average Daily Balance of up to ₱100,000 only and inclusive of other promo/s.​

  • Valid transaction must be performed within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure. ​​

  • All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, and/or Fast Plus) will be considered. ​

  • Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign. ​

Earn +4% p.a. interest by spending ₱50,000 using Virtual Debit Card.​

  • Customer must spend a cumulative amount of at least PHP 50,000 using his/her CIMB Virtual Debit Card for the qualifying month.  ​
  • The additional 4% p.a. interest will be applicable to your Total Average Daily Balance of up to P100,000 only and inclusive of other promo/s.​

  • Valid transaction must be performed within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure.  ​

  • All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, Fast Plus) will be considered. Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.  ​

  • This is applicable to all new and existing deposit customers of GSave and/or UpSave accounts. ​

  • Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.  ​

How to Compute for your Interest Earnings

Here's how you can compute for your additional interest earnings:

 
Scenario 1:

 

Customer is an existing CIMB Bank UpSave account holder since March 03, 2022. On July 2024, customer increased his/her total Average Daily Balance by Php 100,000 via customer-initiated transaction on the same month compared from the previous month’s total Average Daily Balance of Php 80,000 using the valid cash-in channels. The total average daily balance is PHP 180,000 and have fulfilled the conditions stated below. Customer is qualified for 3.5% p.a. applicable to total ADB + (2% + 2.5%) p.a. interest promo, applicable to first PHP 100,000 ADB only.

Account Type

Base Rate

Fulfilled Conditions 14 Business Days Promo Crediting   Total  ADB   No. of days in a month Net Interest Amount Earned
(after tax)
 
UpSave 2.50% 

a. No Condition promo rate​

(3.5%* p.a.)

1.00% 180,000 31 P124.00  

b. Grown Total Average Daily Balance by PHP 100,000

(+2% p.a. and +2.5% p.a.)

4.50%  100,000 P310.00

*This is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave, respectively. The base rate is automatically credited to the account every 1st day of the month

Scenario 2:

 

Customer is an existing CIMB Bank GSave and UpSave account holder since August 17, 2023. On July 2024, customer increased his/her total Average Daily Balance by Php 80,000 via customer-initiated transaction on the same month compared from the previous month’s total Average Daily Balance of Php300,000 using the valid cash-in channels and has a total cumulative Virtual Debit Card transaction of Php 60,000. The total Average Daily Balance is PHP 380,000 and have fulfilled the conditions stated below. Customer is qualified for 3.5% p.a. applicable to total ADB + 2% + 2.5% + 3% +4% p.a. interest promo, applicable to first PHP100,000 ADB only.

  Account Type  

Base Rate

Fulfilled Conditions 14 Business Days Promo Crediting   Total ADB   No. of days in a month Net Interest Amount Earned
(after tax)
GSave 2.60% 

a. No Condition promo rate​

(3.5%* p.a.)


b. Grown Total Average Daily Balance by PHP 80,000

(+2% p.a. and +2.5% p.a.)

 

c. Has total cumulative spend of PHP 60,000 using Virtual Debit Card 

(+3% p.a. and +4% p.a.)

 

0.90% 380,000 31 P235.60
11.50% 100,000 P792.22

*This is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave, respectively. The base rate is automatically credited to the account every 1st day of the month

Earn 3.5% p.a. interest on all your balances this month – NO CAP!

  • Open to all new and existing deposit customers of GSave and/or UpSave accounts. ​​
  • Earn 3.5% p.a. interest on all your balances this month – no cap!​​

  • 3.5% p.a. interest is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave account and other promo/s interest rate. ​​

  • For customers who have multiple UpSave and Gsave accounts with CIMB Bank PH, the special interest reward will be computed based on the qualifying month’s Total Average Daily Balance with the Bank (for UpSave and GSave only).​

Earn +3% p.a. interest by spending ₱ 5,000 using your Virtual Debit Card​

  • Open to all new and existing deposit customers of GSave and/or UpSave accounts .​
  • Customer must spend a cumulative amount of at least PHP 5,000 using his/her CIMB Virtual Debit Card for the qualifying month. ​​

  • The additional 3% p.a. interest rate is applicable to the Total Average Daily Balance of up to ₱100,000 only and inclusive of other promo/s.​

  • Valid transaction must be performed within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure. ​​

  • All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, and/or Fast Plus) will be considered. ​

  • Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign. ​

Earn +4% p.a. interest by spending ₱50,000 using Virtual Debit Card.​

  • Customer must spend a cumulative amount of at least PHP 50,000 using his/her CIMB Virtual Debit Card for the qualifying month.  ​

  • The additional 4% p.a. interest will be applicable to your total Average Daily Balance of up to P100,000 only and inclusive of other promo/s.

  • Valid transaction must be performed within the campaign period. Only successful and completed transaction will be considered. Any failed transaction, cancelled, and reversed within the campaign period will not be counted regardless of any cause of the delay or failure.  ​

  • All Virtual Debit Card Transactions linked to any Savings Account (GSave, UpSave, Fast Plus) will be considered. Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.  ​

  • This is applicable to all new and existing deposit customers of GSave and/or UpSave accounts. ​

  • Only CIMB Virtual Debit Card transactions are considered valid transactions for this campaign.  ​

How to Compute for your Interest Earnings​

 

 

Here's how you can compute for your additional interest earnings:

*This is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave, respectively. The base rate is automatically credited to the account every 1st day of the month​

Scenario 1:

 

Customer is new to CIMB Bank with newly opened GSave account on July 20, 2024. On the same month, customer has a total cummulative Virtual Debit Card transaction of Php 80,000. The total average daily balance is PHP 625,000 for GSave account and have fulfilled the conditions stated below. Customer is qualified for 3.5% p.a. applicable to total Average Daily Balance + 3% + 4% p.a. interest promo, applicable to first PHP 100,000 Average Daily Balance only. No additional interest reward for Average Daily Balance increase for new customer.​

  Account Type  

 

Base Rate

Fulfilled Conditions 14 Business Days Promo Crediting   Total ADB   No. of days in a month Net Interest Amount Earned
(after tax)
GSave 2.60%

a. No Condition promo rate​

(+3.5%* p.a.)

 

b. Has total cumulative spend of PHP 80,000 using Virtual Debit Card 

(+3% p.a. +4% p.a.)

0.90% 625,000 12 P150.00
7.00% 100,000 P186.67

*This is inclusive of regular base rate of 2.5% p.a. for UpSave and 2.6% p.a. for GSave, respectively. The base rate is automatically credited to the account every 1st day of the month​

Get Started On Your Savings Journey! 

Frequenty Asked Questions

How do I compute for my monthly interest?

To compute for the interest earned for your account:  ​
 ​
Net Interest Earned = ADB x Time Period x Interest Rate less 20% withholding tax.​

Average Daily Balance (ADB) = Sum of your end of day balance, divided by the number of eligible days for the month.​

Interest Rate = Interest rate applicable based on the promo you qualified for.​

Time Period = Total number of eligible days for the month, divided by 360 days.​

Do I need to perform transactions to be eligible for the promo?

No, you are automatically eligible for 3.5% regardless if you are a new or existing customer. ​​

​​

To earn additional interest on your savings, you must perform Virtual Debit Card Transactions or simply grow your total Average Daily Balance (ADB) through the valid cash-in channels.​

Can I qualify for multiple promo rates?

Yes, definitely! ​​

  • For new customers, you may earn up to 10.5% p.a. (3.5% +3% +4%) interest rate. ​​

  • For existing customers, you may earn up to 15% p.a. (3.5% +2% + 2.5% +3% +4%) interest rate.​

  • Note: Additional interest rate reward is applicable up to P100,000 total ADB only.​

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