Chinabank Launches Ultra Rewards for Saving and Spending

Chinabank makes saving and spending a more rewarding experience for Filipinos. With Chinabank Ultra Rewards, an innovative program that combines a high-earning deposit account with a versatile credit card, today’s smart and value-driven consumers get ultra rewarded for saving while enjoying shopping, dining, and traveling.

“Chinabank Ultra Rewards Program was created to meet the evolving needs of today’s clients, those who value convenience, flexibility, and real rewards,” Chinabank Cards Marketing Head Niña Q. Reynoso said. 

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.”

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.”

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.”

Access to Chinabank’s suite of premium services and exclusive privileges starts with opening an Ultra Rewards Peso Deposit Account which will come with an Ultra Rewards Credit Card*. ​

To earn rewards points, the minimum deposit and monthly average daily balance (ADB) requirement is P1 million in fresh funds.  On top of the regular deposit account interest they earn, customers also get 1 reward point for every P100 ADB. Rewards Points earned from the Ultra Rewards deposits will be credited to the Ultra Rewards Credit Card. Thus, P1 million monthly ADB means 10,000 rewards points, and if this is maintained for a year, the rewards points could go up to 120,000, redeemable for 30,000 air miles or P30,000 worth of cash rebates or e-vouchers.

With the Ultra Rewards Credit Card, accumulating points is easy—1 reward point for every P50 in qualified spend.  The rewards points can also be exchanged for air miles, e-vouchers, cash rebates, or credit card annual membership fee waiver.
With no cap on rewards earning, customers unlock more benefits the more they save and spend. 

“Chinabank Ultra Rewards is 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,” said Reynoso.