Studies show that 8 in 10 people abandon their New Year’s resolutions as early as February.1 From a vow to eat better, to a plan to save up, it can be hard to abide by the commitments we have made with ourselves as a new year enters. If you’re one of the 80% who might have fallen off the wagon, the second half of the year presents a renewed opportunity to press reset and reach your goals – including any financial or #SavingsGoals that you may have. A good way to do so is to place your savings in a bank that offers a high-yielding deposit account, like CIMB Bank PH.
CIMB Bank PH is the first bank to offer its highest interest rate of up to 8% per annum (p.a.) for its eligible UpSave and GSave customers. One of the highest savings interest rates in the market, the offer is available to customers who qualify for the base and additional interests offered by the bank.
Customers who either maintain a Total Relationship Balance (TRB) of at least PHP 100,000, or grow their Average Daily Balance (ADB) by at least PHP 500, on their UpSave or GSave account qualify for a 4% p.a. savings interest rate.
They can then get an additional 2% p.a. interest by buying load, paying bills, cashing in, or cashing out through interbank transfers to another account.
On top of these rates, they can earn another additional 2% p.a. interest by paying their Personal Loan installments or the Minimum Amount Due on their REVI Credit accounts on time.
“As we all try to return to normalcy this 2022, CIMB is here to help our clients restart their savings goals. We believe it’s never too late to offer our clients the opportunity to earn as high as 8% interest,” said CIMB Bank PH Chief Executive Officer Vijay Manoharan. “CIMB Bank PH is committed to helping Filipinos on this journey and being their companions as they achieve their life goals.”