CIMB Bank offers up to 12% deposit interest to celebrate Best PH Bank recognition

(Edited Press Release)

To celebrate the recent recognition it bagged as Forbes’ Best Bank in the Philippines, leading digital banking services provider CIMB Bank PH has launched a series of promos for new and existing CIMB customers.

From May 1 until June 30, 2023, existing UpSave or GSave customers can get 6% per annum (p.a.) interest on their Average Daily Balances (ADBs) of up to ₱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 ₱200,000. In both instances, ADBs in excess of ₱200,000 will earn base interest rates of 2.5% and 2.6% for UpSave and GSave, respectively.

Meanwhile, CIMB deposit customers spending at least ₱1,000 using their virtual debit cards will get a cashback of 5%, capped at ₱100 per customer, 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.”

Know more about CIMB’s ongoing promos here.

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