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Showing posts with label CIMB. Show all posts
Showing posts with label CIMB. Show all posts

Thursday, February 22, 2024

Solo Travel Made Easy: Essential Tips for a Safe and Enjoyable Journey from CIMB


 

Travel is exciting, but traveling alone brings a different kind of thrill. Whether it’s to iconic Philippine destinations or to wonders around the world, going around at your pace and on your own terms opens you to an entirely new journey of self-discovery. However, this also puts more pressure on you to be ready for anything, since there’s no one else you can rely on. Here are some essential travel tips to turn your solo trip into an unforgettable experience:


Always have a backup plan

Be prepared for any potential inconvenience. From departure, already think ahead. For example, even when you already have a visa for your chosen destination, try to anticipate if there are additional requirements or potential issues you may suddenly encounter and prepare ahead. Have emergency contacts and funds ready as well to cover emergencies. Go ahead and overthink your trip when doing contingency planning, so you’ll be ready for anything.

 

Be flexible

Since traveling solo gives you sole control of your itinerary, you’re likely to fill your days to the brim. Step back and consider how realistic your plans are given your time, budget, and physical limitations. Identify your non-negotiable places or activities and schedule them at the beginning of your trip, then be more flexible with following through with the remaining places and activities. 

 

This applies to your budget for the trip as well. Solo travel can be more affordable in some respects and more expensive in some. For example, hotel rooms may be cheaper for solo occupancy, but still not as cheap as splitting the cost with someone. Research and adjust your budget as needed until you find the sweet spot that balances affordability and comfort.

 

Stay vigilant

When traveling solo in unfamiliar surroundings, remain vigilant against scams and tourist traps that target unsuspecting visitors. Research common scams in your destination and familiarize yourself with local customs to avoid falling victim to fraudulent schemes.

 

Book ahead

Solo travel puts you in command of everything. Lessen the mental burden of the trip by booking as many items ahead as you can. Flights and accommodation are the most crucial, but also make sure to book other essentials such as SIM cards and transportation tickets. You can also pay for items like your Philippine travel tax ahead to save time versus paying before checking in at the airport. These advanced bookings help give you more mental space to focus on other, more exciting aspects of your trip.

 

Embarking on a solo adventure is an empowering and life-changing experience. To help you securely save up for your trip, a reliable savings account like CIMB Bank PH’s Fast Plus and UpSave savings accounts allows you to easily manage your money while offering you better interest rates than most banks. Through CIMB’s dedicated app, you can have 24/7 access to your funds wherever you may be. Since CIMB Bank PH is a digital-only bank, you can easily perform your usual day-to-day transactions such as fund transfers, bills payments, and prepaid load purchases anytime, anywhere.

 

Opening a CIMB savings account is also easy on the CIMB app, with no minimum deposit required. You can also open a GSave account if you’re an existing fully verified GCash user. These accounts give you access to the full suite of CIMB products and services offered on the CIMB mobile app.

 

Other services in the CIMB app that can help you take charge of your finances are the free fund transfers to other local banks as well as the option to sign up for a CIMB virtual debit card. The virtual debit card can be used for safe and convenient transactions online, which is helpful when pre-booking things for your trip. Lastly, UpSave and GSave account holders are entitled to free life insurance, subject to certain terms and conditions, that gives them a cash benefit in case of death.

 

The world awaits! Get ready to embark on the adventure of a lifetime with CIMB Bank PH. Visit cimbbank.com.ph to know more about CIMB’s products and services.

Friday, March 3, 2023

CIMB offers innovative financial products and services to help millennials improve their financial wellness


According to the bank's research, 84% of Filipino millennials face financial limitations that prevent them from achieving their long-term goals. These limitations include lack of savings, high expenses, and debt. In response, CIMB Bank Philippines plans to offer innovative financial products and services, as well as a financial literacy program, to help millennials improve their financial wellness. Through these initiatives, the bank aims to empower millennials to take control of their finances and pursue their life goals with confidence.

In collaboration with Southeast Asia consumer research agency Milieu Insight and the Ateneo Business Resource Center of the Ateneo de Manila University John Gokongwei School of Management, the said study found that that 1 in 2 Filipino millennials surveyed are not pursuing, or believe that they are not making progress on, their life purpose. The study also revealed that 65% of surveyed Filipino millennials cited financial limitations were the biggest barrier in pursuing their life's purpose.

Photo shows, from left to right: Director Antoinette Jadaone, Cat Triviño, Milieu Insight Co-Founder and Chief Commercial Officer Juda Kanaprach, CIMB Bank PH Chief Executive Officer Vijay Manoharan, CIMB Bank PH Chief Marketing Officer Bunny Aguilar, Ateneo Business Resource Center Director Dr. John Luis Lagdameo, and Ateneo de Manila University John Gokongwei School of Management Marketing & Law Department Chair Dr. Norman Tanchingco.

CIMB Bank Philippines Chief Marketing Officer Bunny Aguilar said that the company will soon launch an active financial literacy campaign and offer meaningful financial products as an advocacy for the Filipino millennials. “To learn that half of the Filipino millennials are not actively pursuing what they think they’re meant to do, their life purpose because of financial limitations, we took it upon ourselves to let them know that CIMB is here to encourage them to live their life purpose. We will provide better accessible financial solutions and financial literacy awareness to help them and our customers achieve their life goals,” Aguilar said.

Aguilar also revealed that the study and partnerships with Ateneo and Milieu Insight are the first steps in repositioning the CIMB Bank PH brand with purpose at the center. “With our #LiveYourPurposeWithCIMB program, we will focus all efforts in making CIMB brand in the Philippines as the digital banking service provider that helps our customers pursue their life purpose,” Aguilar said.

Learn more about CIMB’s study and campaign here.

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