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Home»Banking & Finance»CIMB Bank PH extends its highest interest rate of 12% for deposit customers
Banking & Finance

CIMB Bank PH extends its highest interest rate of 12% for deposit customers

Team OrangeBy Team OrangeAugust 1, 2023No Comments2 Mins Read
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CIMB Bank deposit customers can continue to enjoy the bank’s highest interest rates as it extends its 12% promo until August. The digital-only commercial bank offers a 12% interest promo as a continued show of thanks to its over 7 million customers for making CIMB Bank PH Forbes’ #1 Bank in the Philippines.

The Super Thank You Blowout runs from July 1 to August 31. UpSave and GSave customers are eligible to continue enjoying CIMB’s extended 6% per annum (p.a.) interest promo on their existing balances. Meanwhile, those who opened their UpSave and GSave accounts on or before June 30, 2023, can enjoy 12% p.a., no cap, simply by increasing their total average daily balance (ADB) in August.

“Our recent Best Bank recognition from Forbes’ 2023 World’s Best Banks Ranking wouldn’t be possible without our 7 million-strong customers. They already enjoy the highest interest base rates locally, but when there was a clamor to bring back our 12% interest rate promo, we made sure to listen and show our gratitude through this new special offer. This promo was initially slated for one month, but we extended it for another month so our customers can enjoy and maximize our highest interest rate on deposits. We hope this token of appreciation from us can help them to save more and live their purpose,” shared Vijay Manoharan, CIMB Bank Philippines Chief Executive Officer.

Customers can maximize their Super Thank You Blowout rewards in two ways:

Continue enjoying 6% p.a. through the extended promo

Simply maintain your balance and get a 6% p.a. interest rate applicable to the first PHP 200,000 total ADB as CIMB extends this offer for the month of August. The 6% p.a. is inclusive of the regular base rate.

Get 12% p.a. interest on your total ADB growth

Grow your balance by making a deposit and get 12% p.a. interest on all your ADB growth. The 12% p.a. is applicable for your ADB growth for August compared to your July ADB and is inclusive of the regular base rate and other promos. There is no cap on the ADB growth amount that that is eligible for the promo.

Take your savings to the next level with the Super Thank You Blowout promo!

CIMB Bank CIMB Bank's Super Thank You Blowout Vijay Manoharan
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Team Orange

TEAM ORANGE is Orange Magazine TV's select contributors. It also contains Press Releases. Please follow @OrangeMagTV on Twitter for other updates.

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