Existing EastWest Bank Peso CASA depositors earn 100 promo points for every Php 60,000 incremental MTD-ADB.
Promo period is from May 1, 2011 to July 31, 2011.- To qualify for the promo, depositors should have EastWest Bank deposit accounts satisfying all of the following criteria:
- Current or Savings Accounts (CASA) in Philippine currency
- Opened as of March 31, 2011
- In "Active" (i.e. not dormant or escheated) account status as of promo points reckoning date (i.e. every month end of promo period)
- Depositors of accounts satisfying the criteria above automatically earn 100 promo points for every Php60,000 aggregate incremental Month-to-Date Average Daily Balance or MTD-ADB (fresh funds) that they put into their Peso CASA accounts during the promo period.
For example, aggregate incremental CASA MTD-ADB for the month is Php 145,000.
- Promo Points Computation:
- Php 145,000 ÷ Php 60,000 = 2.42 (rounded down to the nearest integer is = 2)
- 2 x 100 pts. = 200 pts.
- 200 pts. = Php 200 (worth of gift certificates)
- Promo Points Computation:
- Aggregate incremental CASA MTD-ADB will be computed at the end of each month based on the depositor's highest aggregate CASA MTD-ADB from March 2011 until the month prior to the promo points reckoning month.
- Joint Peso CASA accounts will only be counted once in favor of the principal depositor.
- Promo points may be converted into any of the following rewards:
- Promo points conversion: 100 promo points = Php 100
- Promo points will be made available to the depositors through their EastWest Bank depository branch (the branch where they maintain their deposit account) within 10 banking days from the end of each promo month.
- Depositors may get in touch with their depository branch to inquire about their promo points and to convert these into their preferred reward/s.
- Once ordered by the depositor, reward/s cannot be replaced.
- Actual reward release will be subject to 25 banking days processing time reckoned from reward order date.
- Once available, depositors may claim their rewards from their respective EastWest Bank branches.
- Depositors will have until 60 calendar days from end of promo period to claim any outstanding reward orders. Rewards not claimed within this period will be forfeited in favor of EastWest Bank.