⚠️ Promo already ended
Sorry, but this promo already ended. Congratulations to our winners!
Tier | Prize | Winner |
1st | PHP1,500,000 | Gilbert Ong Moises |
2nd | PHP500,000 | Daisy Bernabe Batongbakal |
3rd | Apple iPad 9th Gen | Albert John Galeos Quimbo Maria Serrano Medina Avelino Garcia Cuadra Richard Sulit Ang Kishan Chand Jilwani Precious Ponce Gabanto Emilio Maximo Jose Aguinaldo Pulido Kai-Hung Lo Julius Alquino Belen Audreynes Guzman Wong |
Frequently Asked Questions
What is Grow-&-Win Raffle Promo?
The Grow-&-Win Raffle Promo is a promotional campaign that aims to reward customers who will deposit fresh funds into their account and maintain the same to grow their ADB by the end of the promo period.
What is the promo period?
The promo runs from July 22 to October 15, 2024.
Who is eligible to join this promo?
This promo is open to new and existing individual depositors (CASA) of Security Bank Corporation (“SBC”) who own any of the following SBC CASA products.
A. The qualified deposit products are as follows:
- All Access Account
- Easy Savings Account
- Build-up Savings Account
- Premium Build-up Savings Account
- Jr. One Savings Account
- eSecure Savings Account
- MoneyBuilder Savings Account
- Dollar Savings Account
- Third Currency Savings Deposit
B. SBC retail primary depositors, who are individual and natural persons, not juridical persons, are eligible for the promo. In the case of Joint Accounts, only the primary depositor will be eligible for the promo.
How can I participate in this promo?
Eligible clients must deposit fresh funds into their account and maintain the same to grow the ADB by the end of the promo period. Every PHP5,000 additional ADB is equal to one raffle entry.
Sample Raffle Entry calculation
Client A |
|
Coverage |
July 22 to October 15, 2024 |
June MTD ADB |
PHP30,000 |
MTD ABD by the end of the Promo Period |
PHP130,000 |
Growth in MTD ABD |
PHP 100,000 |
Raffle Entries Earned |
20 (100k/5k) |
Client B |
|
Coverage |
July 22 to October 15, 2024 |
June MTD ADB |
PHP000 |
MTD ABD by the end of the Promo Period |
PHP30,000 |
Growth in MTD ABD |
PHP 30,000 |
Raffle Entries Earned |
6 (30k/5k) |
How many raffle entries may I get if I grow my deposit ADB?
The number of raffle entries will be based on the range of the ADB increase.
Month to Date Average Daily Balance Growth Range | No. Of Raffle Entries Awarded |
PHP5,000 to PHP9,999 | 1 |
PHP10,000 to PHP14,999 | 2 |
PHP15,000 to PHP19,999 | 3 |
PHP20,000 to PHP24,999 | 4 |
PHP25,000 to PHP29,999 | 5 |
Final number of raffle entries will be sent to the registered email address and/or mobile number of qualified clients by the end of the promo period at least one (1) week before the raffle date. This notification shall be sent no later than the scheduled raffle draw date.
What are the raffle prizes and how many winners will be awarded?
The number of winners and prizes will be as follows:
Tier | Prize | Number of Winners |
1st | PHP1,500,000 | 1 |
2nd | PHP500,000 | 1 |
3rd | Apple iPad 9th Gen | 10 |
How is the Monthly Average Daily Balance (MTD ADB) calculated?
MTD ADB is defined as the sum of the daily end-of-day balances of the month divided by the number of calendar days in that specific month. The formula for MTD ADB computation is:
MTD ADB = (Day 1 ending balance + …+ Day 30/31 ending balance) / Number of days in the month (e.g., 30/31 days)
When and how will I get notified if I were to be awarded raffle entries?
The final number of raffle entries will be sent to the registered email address and/or mobile number of qualified clients by the end of the promo period. This notification shall be sent no later than the scheduled raffle draw date.
When is the raffle draw?
The grand raffle draw will be held on Tuesday, October 29, 2024.
How will I get notified if I win the raffle?
The winners shall be notified in writing by registered mail, Viber, and/or a call from the branch of account based on the details indicated in SBC records including SMS and/or electronic direct mailer. Winners shall authorize SBC to disclose and publish their names for promotional purposes as deemed appropriate by SBC.
How can I claim my raffle prize?
To claim the prize, the winners must proceed to their preferred SBC branch and present a valid primary ID with a picture, and fully sign the quitclaim and waiver.
Are the non-cash prizes convertible to cash?
Prizes are transferrable but NOT convertible to cash provided that the winner must provide a written endorsement letter together with a copy of a valid ID with specimen signature.
How many days do I have to claim my prize?
The raffle winners are given ninety (90) days to claim their prizes from the notification date. If the prize is not claimed within ninety (90) calendar days from receipt of notification, it will be forfeited in favor of SBC with prior approval from DTI.
Who can I contact for more information or queries?
For inquiries regarding the promo, please contact Security Bank Customer Service Hotline at +632 8887–9188 or at [email protected].
Fine print
Promo mechanics
ELIGIBILITY
1. This promo is open to new and existing individual depositors (CASA) of Security Bank Corporation (“SBC”) who own any of the qualified CASA deposit products.
2. The qualified deposit products are as follows:
- All Access Account
- Easy Savings Account
- Build-up Savings Account
- Premium Build-up Savings Account
- Jr. One Savings Account
- eSecure Savings Account
- MoneyBuilder Savings Account
- Dollar Savings Account
- Third Currency Savings Deposit
3. SBC retail primary depositors, who are individual and natural persons, not juridical persons, are eligible for the promo. In the case of Joint Accounts, only the primary depositor will be eligible for the promo.
4. Clients who open a Doctors’ Bundle account, i.e., All Access account with waived maintaining balance for medical doctors, may join the promo if they meet the criteria for the promo.
5. The following are NOT qualified to join the promo:
- The client’s payroll account under their previous employer with the SBC
- The client’s payroll account under their current employer with SBC
- The clients’ settlement account for their loan with SB Finance
- The clients’ settlement account for their investments are managed by SB Capital/SB Equities
- The clients’ “in trust for” account with a parent or guardian
- Settlement accounts assigned to term deposits and loan products and payroll accounts
- Business accounts under the name of the client
CRITERIA
6. To win raffle entries, clients should be able to deposit fresh funds into their accounts and maintain the same to increase MTD ADB by the end of the promo period.
7. The number of raffle entries will be based on the range of this ADB increase. The number of winners and prizes will be as follows:
Sample Raffle Entry calculation
Client A | |
Coverage | July 22 to October 15, 2024 |
June MTD ADB | PHP30,000 |
MTD ABD by the end of the Promo Period | PHP130,000 |
Growth in MTD ABD | PHP 100,000 (130K – 30K = 100K) |
Raffle Entries Earned | 20 (100k/5k) |
Client B | |
Coverage | July 22 to October 15, 2024 |
June MTD ADB | PHP000 The customer opens an account on July 1 |
MTD ABD by the end of the Promo Period | PHP30,000 |
Growth in MTD ABD | PHP 30,000 (0 – 30k = 30k) |
Raffle Entries Earned | 6 (30k/5k) |
Growth Vs Raffle Entry Chart Sample
Month to Date Average Daily Balance Growth Range | No. Of Raffle Entries Awarded |
PHP5,000 to PHP9,999 | 1 |
PHP10,000 to PHP14,999 | 2 |
PHP15,000 to PHP19,999 | 3 |
PHP20,000 to PHP24,999 | 4 |
PHP25,000 to PHP29,999 | 5 |
Final number of raffle entries will be sent to the registered email address and/or mobile number of qualified clients by the end of the promo period at least one (1) week before the raffle date. This notification shall be sent no later than the scheduled raffle draw date.
REWARDS
8. A total of 12 SBC CASA accountholders can win the following prizes.
TIER | Prize | Number of Winners |
1st | PHP1,500,000 | 1 |
2nd | PH 500,000 | 1 |
3rd | Apple iPad 9th Gen | 10 |
9. Claiming of Rewards:
- Grand Raffle Draw will be held on Tuesday, October 29, 2024, via MS Teams with an SBC personnel and DTI representative’s supervision.
- There will be twelve (12) winners: 1 for the 1st Prize, 1 for the 2nd Prize, and 10 winners for the 3rd Prize.
- The winners shall be notified in writing by registered mail, Viber, and/or a call from the branch of account based on the details indicated in SBC records including SMS and/or electronic direct mailer. Winners shall authorize SBC to disclose and publish their names for promotional purposes as deemed appropriate by SBC.
- To claim the prize, the winners must proceed to their preferred SBC branch and present a valid primary ID with a picture, and fully sign the quitclaim and waiver.
- Prizes are transferrable but NOT convertible to cash provided that the winner must provide a written endorsement letter together with a copy of a valid ID with specimen signature.
- If the prize is not claimed within ninety (90) calendar days from receipt of notification, it will be forfeited in favor of SBC with prior approval from DTI.
10. Qualified clients participating in this promo have the responsibility to review this promo’s Terms & Conditions found on SBC website https://www.securitybank.com/ governing the promo, other opening and maintenance of accounts, including those on Data Privacy, as well as other terms and conditions governing deposit products, services and/or facilities, and acknowledge that the terms and conditions referred to above may be amended from time to time with prior amendment and approval from DTI.
11. All new account openings are subject to existing policies and procedures of SBC, including, but not limited to the following:
- Accounts opened during the promo period will be subject to existing KYC/account opening policies.
- Accounts closed within thirty (30) days from account opening will be subject to corresponding early closure penalty fees. Refer to Fees and Charges page on SBC website https://www.securitybank.com/personal/accounts/fees-charges
- Existing below maintaining balance charges corresponding to the participating product shall be applied.
12. All queries regarding this promo shall be directed to Security Bank Customer Service Hotline at +632 8887–9188 or contact us at [email protected].
13. All questions and disputes with respect to any of the promos under this campaign shall be resolved solely by the Bank with the concurrence of DTI, and any decision shall be considered final and irrevocable.
Notes:
*MTD ADB is defined as the sum of the daily end-of-day balances of the month divided by the number of calendar days in that specific month
The formula for MTD ADB computation is:
MTD ADB = (Day 1 ending balance + …+ Day 30/31 ending balance) / Number of days in the month (e.g., 30/31 days)
Per DTI Fair Trade Permit No. FTEB-198767, Series of 2024