HEXAGON CLUB 2025 CHINESE NEW YEAR SPECIAL TIME DEPOSIT RATE EXCLUSIVE OFFER
1. The RCBC Hexagon Club’s 2025 Chinese New Year Special Time Deposit Rate Exclusive Offer (”Promo”) will be available from January 28 to February 7, 2025 (”Promo Period”).
2. Under this Promo, an eligible client’s over-the-counter Peso Time Deposit (“Peso TD”) placements that meet all of the following criteria will qualify for the following special time deposit rate, which is on a per annum basis and exclusive of all applicable taxes:
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Special Rate
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5.38% per annum
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Term
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1 year
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Date of Placement
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January 28 to February 7, 2025
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Minimum Placement
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Php 500,000; must be Fresh Funds
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Eligible Clients
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Existing RCBC Hexagon Club individual clients (Privilege and Priority membership) during Promo Period
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For the avoidance of doubt, Peso TDs placed through RCBC’s online banking facilities or channels other than RCBC’s Business Centers or Branches are not eligible for this Promo.
3. “Fresh Funds” means an over-the-counter Peso TD placement in RCBC, which, in RCBC’s sole determination, meets all of the following criteria:
- Comprised of (i) funds from checks drawn on banks and financial institution other than RCBC and which are deposited in RCBC and are paid by the drawee within the Promo Period; and/or (ii) any other funds that are not already deposited in or are in the possession of RCBC at any point during the Offer Period;
- Did not originate from a withdrawal and re-deposit of funds in RCBC, or a rollover of any time deposit placement, during the Promo Period for sole purpose of qualifying (or re-qualifying) for the Exclusive Offer; and
- Results in an increase of total deposit balances in RCBC.
4. This offer cannot be availed in conjunction with other Time Deposit promotions of RCBC. Hexagon Club add-on rates shall not apply.
5. Standard procedures and policies governing the opening of an account will apply. All newly opened accounts are subject to RCBC’s policies, procedures, terms and conditions governing deposit accounts.
6. In case of dispute, the decision of RCBC, with concurrence from DTI, on all matters relating to the Promo shall be final and binding on all clients.
7. By joining this Promo, the client confirms that he/she has read, understood, and agreed to the Promo Mechanics and the terms and conditions of the Hexagon Club Membership, including, but not limited to, the disclosure and processing of client’s information.
*Per DTI Fair Trade Permit No. FTEB-212451 Series of 2024
