1, Definition of Terms

The following terms and phrases, unless otherwise indicated in these terms and conditions, shall have the meanings hereinafter assigned to them:

1.1 “Promo” means this Save, Keep and Get Cash Rewards Promo.

1.2 “Promotion Period” or “Promo Period” is from October 1, 2025 until 11:59 pm of January  31, 2025.

1.3 “Bank” or “SBC” or “Security Bank” means Security Bank Corporation.

1.4 “Eligible client” means new-to-bank or existing-to-bank client who maintains a Philippine peso denominated checking or savings payroll account with the Bank and who were able to meet the eligibility criteria set forth in 2.1.

1.5 “CASA” means checking or savings account or deposit account.

1.6 “OB” means outstanding balance, which refers to the total amount of money currently held in a checking or savings account. It represents the account’s available balance at a specific point in time, including funds that have been deposited and not yet withdrawn or transferred.

1.7 “ADB” means average daily balance, which is the sum of the daily balances in an account during a billing period,  divided by the number of days of that period.

1.8 “EDM” means electronic direct mail or “e-mail”.

1.9 “SMS” means short message service, commonly referred to as “text message”.

1.10 “Viber” means a notification or message sent to the client through SBC’s official Viber.

1.11 “Build-up Period” shall refer to the start and end dates, which will be the bases of the required savings made from the salary of the participating account of the eligible clients that will be considered for the promo and its corresponding required retention period.

1.12 “Retention Period” means the prescribed period when the eligible client of the promo will retain the required amount saved from the salary of the participating account during the build-up periods to qualify.

1.13 “Rewards Credit Period” shall refer to the period wherein the client will receive the cash credit for successfully retaining the required funds in their account throughout the retention period.

2. Promotion

2.1 Eligibility

2.1.1 Promo is open to clients with existing and active Philippine Peso-denominated checking or savings Security Bank payroll account, whether opened prior to or during the promo period.

2.1.2 Eligible clients must be individual retail client.

2.1.3 Corporate clients or accounts, trust accounts, settlement accounts, and clients with more than one (1) active payroll accounts are excluded from this promo.

2.1.3.1 Eligible clients must have an updated mobile number and email address with SBC.

2.1.3.2 Eligible clients for the promo must receive a notification regarding this sent to them via Viber, SMS, and/or EDM.  

2.2 How to Participate

2.2.1 To qualify for this Promo, eligible clients must save the amount specified in the notification sent to them via Viber, SMS, and/or EDM in his/her existing Philippine Peso-denominated CASA payroll account with SBC during the “Build-up Period” on top his/her savings from the previous month. This amount saved during the ‘Build-up Period” must remain in his/her Philippine Peso-denominated CASA payroll account for three (3) full consecutive calendar months (“Retention Period”) following the build-up month, as outlined in the table below, to receive the Cash Reward for the Promo.

2.2.2 The minimum deposit amount is stated in the client’s notification sent via EDM, SMS and Viber.

2.2.3 Eligible clients for each “Build-up Period” and “Retention Period”, must receive a notification regarding the specific Build-up and Retention sent to them via Viber, SMS, and/or EDM. If client only receives a notification for one (1) Build-Up Period only, the client can only participate in that specific Build-Up and Retention Period.

2.3 Awarding of Cash Credits

2.3.1 Qualified clients who were able to meet the requirements set forth in article 2.2 will receive their cash credits indicated in the promo notification sent via EDM, Viber or SMS through their primary checking or savings payroll account tagged in the SBC system with a valid tax identification number in SBC records.

2.3.2 If the client does not have an existing active Philippine peso-denominated savings or checking account by the rewards credit period, the rewards will be forfeited.

2.3.3 The applicable tax of the cash credits shall be shouldered by SBC.

2.3.4 The awarding of cash credits will be provided no later than the last calendar day of the month after the client’s retention period (“Retention Period”) as indicated in the table.

2.3.5 To illustrate the Build-up Period, Retention Period and Rewards Credit Period, please refer to the table below: 

2.3.6 To illustrate the different scenarios for the Build-up Period, Retention Period and Rewards Credit Period of qualified clients, please refer to the scenarios and tables below. 

An eligible customer receives notification about the build-up and retention period he/she can join. He/she is informed of the minimum amount (e.g., P12,000) to save (Build-Up) and the corresponding reward cash credits (e.g., P200) to earn upon meeting the required retention.

Scenario 1: If the minimum Build-up amount is saved for all Four (4) Build-up months (on top of his/her outstanding balance from the previous month) and were successfully retained during each retention period, the customer gets to receive a total of x4 monthly cash credits for the entire campaign. 

Scenario 2: If the minimum Build-up amount is saved only for Three (3) Build-up months (on top of his/her savings or outstanding balance from the previous month) and were successfully retained during each retention period, the customer gets to receive total of x3 monthly cash credits for the entire campaign.

Scenario 3: If the minimum Build-up amount is saved for all Four (4) Build-up months (on top of his/her outstanding balance from the previous month) but were not successfully retained in any one of the retention periods, customer gets to receive total of x3 monthly cash credits for the entire campaign.

Scenario 4: If the eligibility of the customer corresponds to less than Four (4) Build-up months, and the customer is able to save the minimum Build-up amount on the corresponding Build-up months he/she can join (on top of his/her savings or outstanding balance from the previous month), and has successfully retained the amount saved during the retention periods, the customer gets to receive cash credits x no. of months joined for the entire campaign.

Example: Received comms for only Two (2) Build-up months only:

3. General

3.1 Clients who participate in this Promo are responsible for reviewing its terms and conditions, along with those related to account opening and maintenance, data privacy, and other deposit products, services, and facilities. They also acknowledge that these terms and conditions may be subject to future amendments.

3.2 All questions and disputes with respect to the Promo shall be resolved solely by the Bank with the concurrence of DTI, and any decision shall be binding and conclusive on the qualified clients

3.3 Security Bank will never ask for their OTP, CVC, and/or PIN via call, text, or email in relation to this promo.

3.4 Terms and conditions governing the issuance and use of the Deposit Accounts shall apply. 

3.5 All queries regarding this promo shall be directed to Security Bank Customer Service Hotline at +632 8887-9188 or contact us at mail to: [email protected].  

Per DTI Fair Trade Permit No. FTEB-XXXXXX, Series of 2025. 

Security Bank Corporation regulated by the Bangko Sentral ng Pilipinas (BSP) with email address [email protected]. 

The promo is open to individual payroll clients who are an accountholder of a Philippine peso-denominated checking or savings payroll account with Security Bank, who received a notification regarding this promo sent to them via Viber, SMS, and/or EDM. Clients must also have updated mobile and email information on file.

Corporate accounts, trust accounts, joint accounts, and settlement accounts are not eligible.

The outstanding balance is the amount kept or saved into your payroll account during the promo period. These funds can come from outside Security Bank or SBC payroll credits and can be part of your starting total relationship balance.

The ‘Build-up Period’ is the timeframe within which you must save the required minimum amount or outstanding balance in the payroll account during each month on top of your savings or outstanding from the previous month to qualify. 

The required outstanding balance is based on your monthly salary credits. This is the amount/balance that you need to have in your payroll account by the end of every Build-up Period.

The ‘Retention Period’ is the duration that the required minimum amount or outstanding balance saved during the Build-up month must remain in the client’s payroll account to be eligible for the cash credits.

To illustrate the Build-up Period, Retention Period and Rewards Credit Period, please refer to the table below:  

The reward, in the form of the fixed cash credits is based on your average monthly payroll salary credits. Fixed cash credits are categorized on per monthly salary credit buckets. This is awarded to eligible customers upon meeting the required outstanding balance during the ‘Build-up Period’ and retaining it in their payroll accounts during the ‘Retention Period’.

No, the same amount of fixed cash rewards assigned to you will be rewarded to you regardless of the amount you have saved or retained that is higher than the minimum required amount or outstanding balance.

No, the minimum required outstanding balance that you must save during the build-up month/s should be on top of the amount that you have saved from the previous month, in order to qualify for the promotion.

If the required outstanding balance is not met by the end of the “Build-up Period” and/or  not retained during the full “Retention Period”, the promo requirements are not met, and you will not receive the cash credits.

Rewards will be credited on or before the last calendar day of the month after the promo period ends. For example, if your retention period ends in August 31, your reward will be credited in your payroll account no later than September 30, 2025. 

Yes. the applicable tax for the cash credits will be shouldered by Security Bank. It means that you will receive the full amount of cash rewards sent via EDM, SMS and/or Viber, upon meeting the promo requirements.

The cash credits will be deposited into your Security Bank payroll account tagged in our system and indicated in the EDM, SMS and/or Viber notifications sent to you.

If you think you are eligible but did not receive a notification, please contact our customer service hotline at +632 8887-9188 or email [email protected].

All queries or disputes should be directed to Security Bank’s Customer Service Hotline +632 8887-9188, or email [email protected]. Please note that the final decision on any dispute will be made by the bank with the concurrence of DTI.