The Philippines’ most awarded and fastest growing unibank Rizal Commercial Banking Corporation (RCBC) announced on December 12 that InstaPay fund transfer fees will be waived for P1,000 and below transactions and that newly onboarded RCBC Pulz mobile app users will have a chance to win three iPhone 15 smartphones.
RCBC made the official announcement in time for the much-awaited 12.12 online sale and the Christmas season. The free InstaPay fund transfers promo is an important step for RCBC towards making digital banking more accessible and attractive to more Filipinos, especially this holiday season.
Users who open an RCBC Pulz account from December 10 to January 10 will instantly get a chance to win three iPhone 15 smartphones. The account must also be active within the promo period meaning that users must use it for daily transactions such as cardless withdrawals, bank transfers, deposits, foreign currency exchange, bills payments, e-loading, and many more. Filipinos working abroad can also open an RCBC Pulz account with their international number making them eligible for the promo. Three winners will be picked through an online raffle draw on January 24, 2024.
Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva said that the twin promos are RCBC’s simple way to thank its millions of customers for making RCBC the Philippines’ best bank for digital in four straight years, and for being voted as the number one in customer service in a survey by the Philippines Daily Inquirer and Statista, among its over 100 national, regional, and global accolades received
“This has been a year of blessings for RCBC because of the public’s continuous patronage of our world-class and multi-awarded digital banking services. It is only fitting that we pay back the public with the most exciting promo of zero Instapay fees for select transactions to give them the joy of convenience this season,” said Eugene S. Acevedo, RCBC President and CEO.
“This is an opportune time for us to launch such promos as Filipinos, especially ninongs and ninangs, will be gifting each other and there is no better way to celebrate our practices of gratitude this season than to make Instapay bank transfer fees free,” added Villanueva.
Acevedo hopes that more Filipinos will see and enjoy the power of digital banking solutions during the Christmas season wherein Filipinos become the busiest in organizing, attending, and celebrating year-end and solemn events commemorating religious festivities and the New Year.
RCBC emerged as the fastest growing bank in the country after it leaped from eighth position in 2018 to fifth position in 2022 in the list of the Philippines’ largest privately owned banks in terms of assets. Among its global and local recognitions include a four-peat award as the Philippines’ Best Bank for Digital by Asiamoney, the Eye on Innovation Award by Gartner, YouTube Challenger Award for its viral and out-of-the-box digital ad campaigns generating combined views of over 17 million, Grand Champion for Digital Payments and Financial Inclusion by the Bankers Institute of the Philippines, and Rank 1 in the Philippine Best Customer Service 2023 survey by the Philippine Daily Inquirer and global research firm Statista.
