Chinabank launches the Ultra Rewards Program: Save or spend, get ULTRA rewarded!

Written by: Kenneth M. del Rosario

Filipinos no longer have to choose between saving and spending to enjoy financial rewards. With the launch of Chinabank’s Ultra Rewards Program, customers can now experience the best of both worlds in one seamless and rewarding journey.

Save on your Chinabank Ultra Rewards Account to earn rewards and get a CBC Ultra Rewards Debit Card

The CBC Ultra Rewards Visa Signature Credit Card carries all the benefits of a Chinabank credit card and serves as the rewards hub for points earned through the Ultra Rewards Deposit CASA.

This innovative program combines a high-earning deposit account with a versatile credit card, allowing you to earn points whether you are building your savings or shopping for your next big purchase.

At its core, the Ultra Rewards Program is designed for today’s smart and value-driven consumer. It brings together convenience, flexibility, and meaningful rewards—giving customers more reasons to grow their funds while still enjoying everyday spending.

Chinabank’s first-ever brand ambassador Michelle Dee

“Chinabank’s Ultra Rewards Program was created to meet the evolving needs of today’s clients, those who value convenience, flexibility, and real rewards,” said Niña Q Reynoso., Chinabank’s Head of Cards Marketing. “It’s a unique offering that brings together saving and spending in one seamless experience, allowing customers to earn meaningful rewards no matter how they choose to manage their money. It’s not just a banking product, it’s a smart financial tool designed to grow with you.”

Michelle Dee

How the Chinabank Ultra Rewards Program Works

Chinabank’s Ultra Rewards Program transforms everyday banking into a rewarding experience by combining saving and spending in one seamless package. To get started, simply open an Ultra Rewards Peso Deposit Account and deposit at least P1,000,000 in fresh funds. By maintaining this amount as your monthly Average Daily Balance (ADB), you begin earning Rewards Points—specifically, 1 point for every P100 in your ADB. These points can be redeemed for exciting rewards such as air miles, cash rebates credited to your Ultra Rewards deposit account, e-vouchers for shopping or dining, or even a one-year waiver of your credit card’s annual membership fee . On top of these perks, your deposit continues to earn the regular Chinabank deposit account interest rate.

The program doesn’t stop at savings. With the Ultra Rewards Credit Card, you earn 1 Rewards Point for every P50 in qualified spend, allowing you to maximize rewards through both saving and spending. For example, by maintaining a P1,000,000 monthly ADB for 12 months, you can accumulate up to 120,000 Rewards Points—redeemable for 30,000 air miles, P30,000 worth of e-vouchers, rebates,or a credit card annual membership fee waiver. And with no cap or limit on rewards earning, the more you save and spend, the more benefits you unlock.

What sets the Ultra Rewards Program apart is its flexibility. Unlike investment products that tie up your money, this is a fully liquid deposit account that gives you full control over your funds while still earning meaningful rewards. With a potential reward value equivalent to 3% per annum, which is significantly more than most traditional deposit products, plus continued interest earnings, Chinabank’s Ultra Rewards Program makes your banking not just more rewarding, but more purposeful.

Voices from the community

Chinabank tapped various personalities from different walks of life to highlight how Ultra Rewards adapts to a range of lifestyles.

For entrepreneur and basketball coach Charles Tiu, the program aligns with his busy, multitasking life: “As someone who’s constantly juggling business and coaching, I appreciate how Ultra Rewards simplifies financial management. I’m getting rewarded for something I already do—save and spend.”

Entrepreneur, TV presenter and basketball coach Charles Tiu

Artist Demi Padua appreciates how the program respects creativity and control: “Art requires balance, and so does money. Ultra Rewards gives me the freedom to be strategic with my finances without missing out on rewards.”

Renowned Filipino contemporary artist Demi Padua

Demi Padua

Even for professionals with unpredictable schedules like lawyer and personality Atty. Oliver Moeller, the program proves useful: “I love the flexibility of the Ultra Rewards setup. Whether I’m saving for a goal or paying for a dinner, I know I’m making my money work smarter.”

Fitness Enthusiast and Lawyer Oliver Moeller

Make the switch, get ultra-rewarded

If you’ve ever wished your savings account did more or that your credit card gave you better value, the Chinabank Ultra Rewards Program might just be what you’re looking for. Whether you’re growing your money or enjoying the fruits of your labor, every move you make with Chinabank’s Ultra Rewards gets you closer to your next reward.

Learn more or open an account today by visiting any Chinabank branch near you and follow @chinabankcards on Facebook and Instagram to stay updated on promos and features.

ADVT.

This article is brought to you by Chinabank through Philippine Daily Inquirer.