CIMB Bank Philippines and DragonFi Securities Inc. have launched DragonFi Save, the country’s first fully embedded digital savings account designed specifically for stock traders and built directly into the DragonFi app.
The service allows users to manage banking and investing in one place. Funds in a DragonFi Save account can be accessed anytime and transferred instantly to and from DragonFi, with real-time deposits and withdrawals. The account also offers high interest rates with no fees.
As part of the partnership, new DragonFi Save account holders will receive a free upgrade to CIMB Prime, CIMB Bank PH’s premium banking segment, after linking their account to the CIMB mobile app.
CIMB Prime benefits include a 4 percent per annum base interest rate on savings, 10 free InstaPay and PESONet transfers daily, higher time deposit rates, zero fees on international online purchases, special rates for REVI Credit, and access to a dedicated customer support team.
Linking the account can be done through the CIMB mobile app by selecting “Link my account” and entering basic details. Qualified users will receive a CIMB Prime invitation within 14 days.
