Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Where to Go This Father’s Day: 5 Must-Try Experiences for the Whole Family
    • Celebrate Dad with these Father’s Day Gifts from Anko
    • LG Commercial Laundry System and LA Tenorio Partnership Bring Championship Energy to Laundry Business
    • This Father’s Day, Turn “Kahit Ano” into Dad’s Favorite Dish with foodpanda
    • The Next Generation of LG AI TVs Is Here, Dedicated to You in Ways You’ve Never Seen Before!
    • Jollibee introduces its new Bida Best ambassadors, celebrating world-class Pinoy excellence  
    • SM hosts biggest ARMY Fan Festival, Welcome to BorahaEast!
    • Philippines Urged to Adopt Global Standards Towards Cervical Cancer Elimination by 2030
    Facebook X (Twitter) Instagram YouTube
    Mommy Iris | Top Lifestyle Blogger Philippines | Pinay AdsMommy Iris | Top Lifestyle Blogger Philippines | Pinay Ads
    • HOME
    • Business
    • Entertainment
    • Family
    • Food
    • Lifestyle
    • Technology
    • Travel
    • About
    Mommy Iris | Top Lifestyle Blogger Philippines | Pinay AdsMommy Iris | Top Lifestyle Blogger Philippines | Pinay Ads
    Home»Business»RCBC enhances privileges that help maximize depositors’ funds amid pandemic
    Business

    RCBC enhances privileges that help maximize depositors’ funds amid pandemic

    Mommy IrisBy Mommy IrisMay 11, 2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Rizal Commercial Banking Corp. (RCBC) has rolled out more client privileges that allow for better opportunities on deposits.

    Through its premier banking offer, the Hexagon Club, depositors enjoy more rewards based on their deposit level. These include higher add-on rate on their short-term time deposit, better rates for an auto or a home loan facility, and a special rate for foreign exchange transactions, waived transaction fees, among others. The bank also increased the maximum free life insurance coverage for qualified depositors from 3M to 5M.

    In 2020, RCBC noticed an excess in liquidity among its customers as a number of them hardly moved their deposit accounts. As people stayed indoors to help lessen the transmission of the Coronavirus 2019 (Covid19), consumer spending decreased leaving more funds in saving.

    The bank also noticed that there was an increase in short-term investments, as clients sought earnings better than the savings rate.

    “When the deposits increased, we saw it as an opportunity to help our clients maximize their funds by enhancing their privileges which entitles them to get better rates and coverage,” RCBC executive vice president and head of Retail Banking Group, Richard C. Lim said. Other perks of being a Hexagon Club member include getting the first shot on investment offerings like corporate or treasury bonds, free life insurance privileges, and invitations to exclusive webinars on economic/market outlook, and stock trading.

    On top of this, a dedicated business relationship manager is provided to the Hexagon Club member who they can contact directly for financial advice or banking concerns.

    Clients can also make use of the Hexagon Club’s Benefits Calculator, to get an idea on the perks one can enjoy in line with the deposits they make with the bank. They can visit the Hexagon Club website at https://www.rcbc.com/hexagon-privilege to access the Benefit’s Calculator.

    Clients who have an existing current or savings account, or plan to open an account with RCBC, can apply to be a Hexagon Club member.

    Hexagon Club Privilege members or individual account holders just need a maintaining balance of P100,000 while the Prestige members or the retail small and medium enterprises (SMEs) must maintain a P500,000 balance to qualify for the program.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleLocal Brand Helps Asian Neighbors Fight COVID-19
    Next Article Shopee and Alex Gonzaga Make Akinse Shopping More Fun, Rewarding, and Worthwhile at Shopee 5.15 Payday Sale
    Mommy Iris
    • Website
    • Facebook
    • X (Twitter)

    I'm a lifestyle and mommy blogger from the Philippines.Pinay Ads was created to share bits and pieces of my life and my family. I have a wide array of interests that include entertainment, movies, music, gadgets, traveling, food, baking, and more. So, I hope you’ll stick around and enjoy reading!

    Related Posts

    Cebuana Lhuillier Mindcare: Empowering Filipinos with Accessible Mental Health Support and Financial Protection

    JuanHand Recognized for Excellence as the Outstanding Fintech Platform at the 2025 Global Brand Frontier Awards

    Grupo Agatep CEO named to Campaign Asia-Pacific’s inaugural “50 Over Fifty” list

    Leave A Reply Cancel Reply

    Featured Post
    Asia

    Embracing Life’s Brighter Side: My Inspiring Journey with Sun Life’s Macaulay Club in Beijing and Shanghai

    By Mommy IrisNovember 17, 20240
    Latest Posts

    Where to Go This Father’s Day: 5 Must-Try Experiences for the Whole Family

    June 12, 2025

    Celebrate Dad with these Father’s Day Gifts from Anko

    June 12, 2025

    LG Commercial Laundry System and LA Tenorio Partnership Bring Championship Energy to Laundry Business

    June 11, 2025

    This Father’s Day, Turn “Kahit Ano” into Dad’s Favorite Dish with foodpanda

    June 11, 2025

    Facebook X (Twitter) Instagram Pinterest
    © 2025 Filipina Mommy Influencer - Top Lifestyle Blogger Philippines

    Type above and press Enter to search. Press Esc to cancel.