Iconic MNL

Philippines' leading lifestyle portal.

  • HOME
  • FEATURED
    FEATUREDShow More
    Paleblue AA USB-C Rechargeable Batteries
    Paleblue AA USB-C Rechargeable Batteries Review: Fast Charging Meets Sustainability
    August 1, 2025
    SOLA Launches INVISEAM a New Era of Invisible- Seamless Undergarments
    SOLÁ Launches INVISEAM™ a New Era of Invisible, Seamless Undergarments
    July 29, 2025
    Lime Resort Manila A Cozy Staycation in Metro Manila
    Lime Resort Manila: A Cozy Staycation in Metro Manila
    July 28, 2025
    Xiaomi Smart Band 10
    Xiaomi Smart Band 10 Review: Fit in Style with the All-in-One Fitness Companion
    Tomatito Sexy Tapas Bar by The Bistro Group Brings a Taste of Spain with a Contemporary Twist
    Tomatito Sexy Tapas Bar by The Bistro Group Brings a Taste of Spain with a Contemporary Twist
    July 3, 2025
  • LATEST NEWS
  • TECH
    • DIGITAL TRENDS
    • SMARTPHONES & TABLETS
    • DESKTOPS & LAPTOPS
    • WEARABLES
    • PERIPHERALS
    • MONITOR
    • GAMING
    • APPLIANCES
    • AUTOMOTIVE
    • TELCO
    • TECH REVIEW
  • LIFESTYLE
    • TRAVEL
      • ACCOMMODATION
      • FLIGHTS
    • SHOPPING
    • FINANCE
      • FINTECH
      • REAL ESTATE
    • FOOD + DRINKS
    • FASHION
    • ENTERTAINMENT
  • HEALTH & WELLNESS
    • FITNESS
    • BEAUTY
    • HAIR
    • TREATMENTS
  • CONTACT
Font ResizerAa

Iconic MNL

Philippines' leading lifestyle portal.

Font ResizerAa
  • HOME
  • FEATURED
  • LATEST NEWS
  • TECH
  • LIFESTYLE
  • HEALTH & WELLNESS
  • CONTACT
Search
  • HOME
  • FEATURED
  • LATEST NEWS
  • TECH
    • DIGITAL TRENDS
    • SMARTPHONES & TABLETS
    • DESKTOPS & LAPTOPS
    • WEARABLES
    • PERIPHERALS
    • MONITOR
    • GAMING
    • APPLIANCES
    • AUTOMOTIVE
    • TELCO
    • TECH REVIEW
  • LIFESTYLE
    • TRAVEL
    • SHOPPING
    • FINANCE
    • FOOD + DRINKS
    • FASHION
    • ENTERTAINMENT
  • HEALTH & WELLNESS
    • FITNESS
    • BEAUTY
    • HAIR
    • TREATMENTS
  • CONTACT
Follow US

Home - FINANCE - CIMB makes loan repayments extra rewarding

FINANCE

CIMB makes loan repayments extra rewarding

Last updated: August 5, 2022 12:46 PM
Iconic MNL
Share
3 Min Read
CIMB makes loan repayments extra rewarding through savings interest rate of up to 8
CIMB makes loan repayments extra rewarding through savings interest rate of up to 8
SHARE

To help encourage good financial habits and reward customers who pay for their loans and credit lines on time, leading digital banking services provider CIMB Bank PH is currently offering a savings interest rate of up to 8% to eligible GSave and UpSave customers. One of the highest savings interest rates in the market, the offer provides three ways through which customers can earn a total savings interest rate of 8% per annum (p.a.) on their Average Daily Balances (ADB) of up to PHP 200,000.*

CIMB makes loan repayments extra rewarding through savings interest rate of up to 8%

One, 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. 

Two, 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. 

Three, 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.

According to the Bangko Sentral ng Pilipinas’ 2019 Financial Inclusion Report, 72% of Filipino borrowers are able to pay their loans on or before their due dates. Paying your loans on time is a crucial step to long-term financial success. Aside from preventing your debts from accumulating, settling your loans as they fall due also help you establish and maintain a good credit score. 

Through this offer, CIMB Bank PH aims to help Filipinos build this habit by rewarding customers who pay their credit lines and loans on time. The Bank also seeks to encourage Filipinos to save more and to discover the products and features available on the CIMB Bank PH app which they can leverage for their financial transactions, like buying load, paying bills, and transferring funds.

“Since day one, we at CIMB are committed to being every Filipino’s companion in achieving their financial goals,” says Vijay Manoharan, CIMB Bank PH Chief Executive Officer. “This offer is our own little way of helping them develop good financial habits and, ultimately, contribute to building a culture of responsible financial management in the country.”

To learn more about CIMB Bank PH and its ongoing savings promotion, visit www.cimbbank.com.ph. 

*ADBs in excess of PHP 200,000 will earn 2.5% p.a. for UpSave customers and 2.6% p.a. for GSave customers.

Related

TAGGED:bank to bank transferbank transferbank wire transferbest money transferbest way to send moneycheapest money transfercheapest way to send moneyemail money transferhow to send moneyhow to send money abroadhow to send money onlinehow to send money overseashow to send money to someonehow to transfer moneyhow to transfer money onlinehow to wire moneyinstant money transferinternational bank transferinternational money transferinternational wire transfermoney remittancemoney transfermoney transfer appmoney transfer cardmoney transfer companiesmoney transfer credit cardmoney transfer online bank accountmoney transfer servicesonline bank transferonline money transferonline money transfer from debit cardsend moneysend money abroadsend money instantlysend money internationallysend money onlinesend money online instantlysend money online using bank accountsend money online with credit cardsend money overseassend money to bank accountsend money with credit cardtransfer money abroadtransfer money from credit card to bank accounttransfer money overseastransferring money to foreign bank accountways to send moneywire moneywire money onlinewire transfer
Share This Article
Facebook Copy Link Print
ByIconic MNL
Follow:
Heya! Iconic MNL is our admin account for Press Releases. You can get in touch with us at info@iconicmnl.com.

Stay Connected

FacebookLike
XFollow
PinterestPin
InstagramFollow
TiktokFollow
Google NewsFollow

Latest News

Acer Introduces Veriton GN100 AI Mini Workstation for Local AI Model Deployment
Acer Introduces Veriton GN100 AI Mini Workstation for Local AI Model Deployment
TECH
September 4, 2025
Acer Chromebook Plus Spin 514
Acer Chromebook Plus Spin 514 Launches with MediaTek Kompanio Ultra and Chromeboxes
DESKTOPS & LAPTOPS
September 4, 2025
Xiaomi Brings Up to 59% Off on Shopee and Lazada
Xiaomi Brings Up to 59% Off in 9.9 Sale on Shopee and Lazada
SMARTPHONES & TABLETS
September 4, 2025
realme 15 Series 5G Teases a Slim New Era Ahead of September Launch
realme 15 Series 5G Teases a Slim New Era Ahead of September Launch
SMARTPHONES & TABLETS
September 4, 2025
HUAWEI Expands GCash Watch Pay to iOS
HUAWEI Expands GCash Watch Pay to iOS, Bringing Cashless Payments to All Devices
FINTECH
September 4, 2025
Samsung Empowers Filipinos to Take Control of their Lives at Home Through Vision AI TVs
The Great Samsung TV Sale Features AI TVs with Discounts Up to PHP44,000
APPLIANCES
September 4, 2025
Conrad Manila - Best Meetings Hotel
Conrad Manila Celebrates Back-to-Back Triumphs in Business Events and Culinary Excellence
LATEST NEWS
September 1, 2025
POCO C85 Launches in the Philippines with 6000mAh Battery and 6.9-Inch Display
POCO C85 Launches in the Philippines with 6000mAh Battery and 6.9-Inch Display
SMARTPHONES & TABLETS
September 1, 2025

Follow Us On Facebook

- Advertisement -

You Might Also Like

Maya Cards
FINTECH

Cut your spending for everyday transactions with your Maya Visa card

July 2, 2022
Home Credit 0 Interest Summer
FINANCE

Seize the Summer You Dasurv with 0% interest on select items through Home Credit!

April 5, 2023
Smart x Maya Power Savings
FINTECH

Smart and Maya unveil ‘Power Savings’ exclusive to Smart Postpaid subscribers

January 27, 2023
Cebuana Lhuillier Pet Insurance
FINANCE

Protect the health of your fur babies with Cebuana Lhuillier Pet Insurance

March 1, 2022

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Join 66.7K other subscribers

Quick Link

  • MY BOOKMARKS
  • CONTACT
  • PRIVACY POLICY
  • TERMS OF SERVICE

Top Categories

  • FEATURED
  • TRAVEL
  • DIGITAL TRENDS
  • TECH REVIEW
  • BEAUTY

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Join 66.7K other subscribers
 

Loading Comments...
 

    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?