At a glance

Best for
App-based savings and transfers, Users who want no minimum balance
Annual fee / balance
No minimum balance for selected savings products, per CIMB help pages
Income requirement
Check official bank requirements
Rewards / interest
Interest and app-based banking convenience
Beginner friendliness
86/100
Digital banking experience
Verify app and servicing details

Why young professionals like it

  • + Digital-only convenience
  • + No initial deposit or minimum balance on selected accounts
  • + Frequent savings campaigns

Potential downsides

  • ! Promo rates have mechanics and dates
  • ! Product lineup can change

Verify which CIMB savings account you are opening and the current promo mechanics.

Source cited: CIMB Bank PH official page. Always verify with the official bank before applying. This is educational content, not financial advice.

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