Save and Drive Deposit Raffle Promo

Win as much as PHP120,000 gas credits!

Earn Raffle entries for every PHP5,000 increase in your Security Bank account balance.

There will be three (3) winners in each monthly raffle draw and one (1) winner during the grand draw:

No. of Winners Coverage Period Raffle Prize/s Raffle Draw Schedule
3 June 1 to 30, 2022 3 winners of Petron e-Fuel card with P20,000 credit July 11, 2022
3 July 1 to 31, 2022 3 winners of Petron e-Fuel card with P20,000 credit August 10, 2022
3 August 1 to 31, 2022 3 winners of Petron e-Fuel card with P20,000 credit September 12, 2022
1 June 1 to August 31, 2022 1 winner of Petron e-Fuel card with P100,000 credit September 12, 2022

Qualified Clients

  • Clients must be Individual clients of Security Bank (“SBC”) who will receive notice of this Promo either via email or SMS.
  • Clients must maintain a minimum Average Daily Balance (“ADB”) of at least P25,000 in any of the participating deposit accounts* (“CASA Accounts”) within the Promo Period.
  • Settlement accounts with zero maintaining balance AND assigned to term deposits and loan products are not qualified to join the Promo. Corporate accounts are NOT included in the Promo.

Promo Period is from June 1 to August 31, 2022.

Promo Mechanics

SAVE AND DRIVE! Promo Mechanics

  1. Promo Period is from June 1 to August 31, 2022.
  2. To qualify for the Promo, the following conditions should be met:
    • Clients must be Individual clients of Security Bank (“SBC”) who will receive notice of this Promo either via email or SMS.
    • Clients must maintain a minimum Average Daily Balance (“ADB”) of at least P25,000 in any of the participating deposit accounts* (“CASA Accounts”) within the Promo Period.
    • Settlement accounts with zero maintaining balance AND assigned to term deposits and loan products are not qualified to join the Promo. Corporate accounts are NOT included in the Promo.
      *CASA Accounts:

      • All Access Account
      • Easy Account
      • Buildup Savings Account
      • Money Builder Account
      • Jr. One Savings Account
  3. To earn raffle entries, qualified Clients should deposit fresh funds (“Fresh CASA Funds”) to their CASA Accounts within the Promo Period. SBC-sourced loan proceeds and cash transferred from existing SBC deposit and/or investment accounts are NOT considered as Fresh CASA Funds.
  4. The number of raffle entries earned will depend on the incremental ADB (“Incremental ADB”) accumulated from all the Fresh CASA Funds that are deposited into the clients’ CASA Accounts. The computation for Incremental ADB will be the *MTD ADB on the last day of the Coverage Month less the MTD ADB of the previous month
    * MTD ADB is the sum of the daily end-of-day balances of the account for the month divided by the number of calendar days in that specific month. The MTD ADB is computed based on the full number of days in the month. That is, for accounts opened within the month, the divisor to determine MTD ADB will still be the full number of days in the month regardless of when the account is opened. The formula for computing MTD ADB is as follows:

    MTD ADB = (Day 1 ending balance + … + Day 30/31 ending balance)
    Number of days in the month (e.g., 30/31 days)

    Incremental ADB will be monitored and will earn raffle entries at the end of every Coverage Month. Every P5,000 Incremental ADB shall earn 1 raffle entry.
    Ex. Existing Client A

    Previous Month MTD ADB Coverage Month MTD ADB Incremental ADB Initial Raffle Entries Earned
    Month 1 Coverage Period: June 1 to 30, 2022 P100,000 P250,000 P150,000 30
    Previous Month MTD ADB Coverage Month MTD ADB Incremental ADB Initial Raffle Entries Earned
    Month 2 Coverage Period: July 1 to 31, 2022 P150,000 P200,000 P50,000 10
    Previous Month MTD ADB Coverage Month MTD ADB Incremental ADB Initial Raffle Entries Earned
    Month 3 Coverage Period: August 1 to 31, 2022 P200,000 P300,000 P100,000 20

    For the Grand Draw, Existing Client A will have 60 raffle entries (accumulation of the entries earned during the Promo Period).

  5. When applicable, SBC will also review the Qualified Clients’ Total Relationship Balance (“TRB”) in all his SBC product holdings, including but not limited to, CASA, Time Deposit, Treasury, and other Investment Products prior to crediting raffle entries. This is to ensure that any transfer of cash between accounts will not be given raffle entries.
  6. Clients with more than 50% decline in their ADB during the raffle draw will not be qualified to win the cash prize to ensure that only those with a steady increase in ADB are rewarded.
  7. There will be three (3) winners each in three (3) monthly raffle draws and one (1) winner during the grand draw. Schedule and corresponding raffle prizes are as follows:
    No. of Winners Coverage Period Raffle Prize/s Raffle Draw Schedule
    3 June 1 to 30, 2022 3 winners of Petron e-Fuel card with P20,000 credit July 11, 2022
    3 July 1 to 31, 2022 3 winners of Petron e-Fuel card with P20,000 credit August 10, 2022
    3 August 1 to 31, 2022 3 winners of Petron e-Fuel card with P20,000 credit September 12, 2022
    1 June 1 to August 31, 2022 1 winner of Petron e-Fuel card with P100,000 credit September 12, 2022
  8. Non-winning raffle entries earned in the previous Coverage Months will be included in the Grand Draw.
  9. A client’s account must still be open and have a minimum ADB of P25,000 at the time of the raffle draw to qualify to win. Otherwise, the prize will be forfeited, and another winner will be chosen.
  10. For Joint And/Or accounts, the Primary Accountholder will be considered as the Qualified Client and eligible to claim the raffle prize.
  11. Prizes are transferrable but not convertible to cash. All prizes are tax-free. E-Fuel Cards will have an expiry of 5 years. Upon expiry, the client just needs to email [email protected] and request for the replacement due to expired card. There will be no fees for card renewal.
  12. A Qualified Client can only win once in the same monthly draw, but if the client has multiple raffle entries, those other raffle entries may still be drawn in the succeeding monthly draws of this promo.
  13. All raffle draws will be held in the presence of an SBC officer and a DTI representative.
  14. Winners will be notified by their branch of account through phone call based on the details indicated in SBC records. Winners will also be published on SBC’s website and official social media platforms (Facebook and Instagram).
  15. Winners shall authorize SBC to disclose and publish their names and photos for promotional purposes as deemed appropriate by SBC.
  16. If the prize is not claimed within ninety (90) calendar days from receipt of notification, it will be forfeited in favor of SBC.
  17. Employees of SBC and its subsidiaries, including their relatives up to second degree of consanguinity or affinity are disqualified from joining the Promo.
  18. This Promo is not available in conjunction with other existing usage promos of Security Bank.
  19. All questions and disputes with respect to the promo shall be resolved by the Bank with the concurrence of DTI, and any decision shall be binding and conclusive on the Qualified Clients.

DTI Fair Trade Permit No. FTEB-144210 Series of 2022

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