CIMB Bank Philippines, named Best Digital Bank in the Philippines by The Asian Banker, has rolled out a high-yield savings offer as part of its Earn More promo series, allowing depositors to earn up to 8.6 percent per annum on their savings throughout August this year.
The promo is open to all customers with active GSave or UpSave accounts, offering base rates of 2.6 percent and 2.5 percent, respectively. CIMB Biz and CIMB Prime clients—currently available by invitation—receive a higher base rate of 4 percent, with the potential to earn up to 10 percent through the promo.
To qualify for interest rate boosts, depositors must increase their average daily balance (ADB) compared to the previous month. Tiers for bonus rates include:
+0.50% p.a. for P1,000 ADB growth
+1.00% p.a. for P5,000 ADB growth
+1.50% p.a. for P10,000 ADB growth
+3.00% p.a. for P50,000 ADB growth
The boosted rates apply to the first P100,000 in ADB growth.
New users can easily open a GSave or UpSave account directly via the CIMB Bank PH mobile app, requiring only one valid ID. The app is available on the App Store, Google Play, and Huawei AppGallery.
This initiative reinforces CIMB Bank PH’s commitment to accessible, high-return digital banking, especially during unpredictable economic conditions. It also underscores its growing role in empowering Filipino consumers and SMEsthrough mobile-first financial tools.
