How Can I Avoid Account Expiration of My Save Money Account?
Upon opening, your Save Money account will have a 12 month account limit, as set by CIMB Bank PH - this means that after 12 months, your account will not be able to make a deposit anymore. You will still be able to withdraw any funds you’ve put into the account.
You can avoid account expiration by doing the following:
- Upgrading your Save Money account by linking it to the CIMB Bank PH App and verifying your identity there
- Making sure that your account in GCash is FULLY VERIFIED and you’ve submitted a valid ID and selfie.
CIMB and GCash may also inform you if you need to update your information to avoid account expiry or closure. This may be sent via text message by GCash (through our handle: GCash) or by CIMB Bank PH.