GCash Partners With CIMB For GSave Accounts As They Also Celebrate 500,000th Customer

Bringing in to the age of digital banking, GCash partnered with CIMB Bank Philippines (CIMB Bank PH) in a recent service called GSave which is special feature in the app that allows customers to save up more easily with a high interest rate.

CIMB Bank PH is a digital bank that started its operations early 2019 and has quickly gaining customers with the ease of creating accounts and managing it via mobile. GCash meanwhile expands their services from providing mobile accessibility to Filipinos with the app which can do a lot of functions such as buying load, mobile debit card for online transactions, paying bills online, and recently plant trees through the GForest project.

Cebuana Lhuillier Aims More Filipinos With Bank Accounts Via Micro Savings

We have to admit that we do appreciate savings with our hard earned money, however it's how we save them is the problem that causes problem and evenutally leads to its depletion. With the economy growing and more opportunities, financial management starts with personal savings which many of Filipinos don't have.

It is actually alarming since cash is just usually stored in piggy banks, under the mattress, and many old fashioned and unsafe ways to keep cash away. The BSP shared that only 48 percent of adults are maintaining savings in banks while seven out of 10 Filipinos keep their savings at home.