CIMB Bank Philippines Introduces Virtual Debit Card to Account Holders
by: The Beat Asia
June 09, 2023
Users who activate the card through the CIMB app before Friday, June 30, can enjoy a 5% cashback on all transactions, capped at P100 per month. This applies to all transactions with a minimum spend of P1,000.
“Through the new CIMB virtual debit card, we are further supporting the Bangko Sentral ng Pilipinas’ (BSP) Digital Payments Transformation Roadmap and overall financial inclusion goals for the country,” CIMB Bank Philippines CEO Vijay Manoharan said in a statement.
The CIMB app makes activation effortless and user-friendly, allowing users to easily link the card to their savings account for flexible money management. Customers may adjust their daily transaction limits based on individual requirements.
Established in 2018, CIMB Bank boasts an impressive customer base of over seven million clients, serving as a trusted financial institution for more than 2.5 million lending customers in the Philippines.
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