Promo Duration

• May 1 to May 31, 2022
• Cut-off for qualified accounts for the monthly awarding will be on May 31, 11:59 PM.
• Crediting of cash gifts will be scheduled on June 16, 2022.

Frequently Asked Questions

1. How do I join this promo?

To join this promo, you need to successfully open a new RCBC account online, get fully verified and put in an initial deposit of at least P1,000.

2. Who is qualified to join this promo?

Only new-to-bank (NTB) RCBC clients, with no existing or inactive accounts, who have successfully opened their accounts online from May 1 to May 31, 2022 and have been fully verified can join this promo. Clients with previous accounts which are officially closed may also join, as long as their new accounts are opened via RCBC online account opening.

Clients who opened new RCBC accounts in branches, or existing clients who opened additional accounts online or via branches, or new clients who were part of the RCBC Member-Get-Member program during the promo period will not be eligible for this promo.

3. My application was rejected online, but I was able to finish opening the account in the branch. Will I still qualify for the cash gift?

If an application was rejected online, but was opened in the branch, this account is technically considered opened via branch. This account is therefore not qualified for the cash gift promo.

4. How much is the cash gift I’m going to get?

The cash gift you’re going to get will depend on the initial deposit you’ve put in your new RCBC account from May 1 to May 31, 2022. Please refer to the table below for equivalent cash gifts per initial deposit tier.

5. If I deposit P500 twice, totaling P1,000, will I still qualify? Or if I make a test deposit first, e.g. P1, and then deposit P1,000, will I still qualify?

No, as only your very first deposit amount into your new account will count towards qualifying for the cash gift. For example, if you deposit P1,000 first, and then P2,001, you will still qualify for only P100 as your initial deposit was only P1,000.

6. How long do I need to keep my initial deposit in my account in order to qualify for the cash gift?

You do not need to keep your initial deposit in your account for any number of days in order to qualify for the cash gift, but you are highly encouraged to avail of RCBC Digital’s comprehensive suite of banking services.

7. When will I receive my cash gift?

Your corresponding cash gift will be credited directly to your new RCBC account by June 16, 2022.

8. How many times can I receive the cash gift?

You are only entitled to receive the cash gift only once for the entirety of the promo period.

1. This promo is open to all new-to-bank (NTB) RCBC clients, with no existing or inactive accounts, who have successfully opened their accounts online from May 1 to May 31, 2022, have been fully verified and have put in an initial deposit worth at least P1,000.
   
   Clients with previous accounts which are officially closed may also join, as long as their new accounts are opened via RCBC online account opening.
   
   Clients will be qualified to a corresponding cash gift depending on their accounts’ initial deposit by May 31, 2022. Please refer to the table below for equivalent cash gifts per initial deposit tier.

Clients who opened new RCBC accounts in branches or existing clients who opened additional accounts online or via branches, or new clients who were part of RCBC Member-Get-Member program during the promo period will not be eligible for this promo.

2. Corresponding cash gifts based on qualified clients’ initial deposit will be credited to their corresponding account by June 16, 2022, following his/her successful online account opening.
3. Clients will receive an SMS notification from RCBC once the cash gift is credited to their account. Sample SMS: "Thank you for opening & funding your RCBC account online! We deposited a Pxxx cash gift to your new account on 16-Jun. Keep banking with RCBC! DTI-141834, S22."
4. Clients can only receive the cash gift once within the total duration of the promo period as long as he/she completes the indicated action required.
5. The promo is valid until May 31, 2022.

Per DTI Fair Trade Permit No. FTEB-141834, Series of 2022