I talk about CIMB and ING a lot and most people don’t understand what I’m talking about or have some major doubts about them. Another question I get often is “Where do I put my emergency fund?” This week’s video will answer that as well as other questions you have about Digital Banks with these pioneers as example.

Soon: Traditional Bank’s Digital counterparts (UnionBank’s EON, RCBC’s DiskarTech, Eastwest Bank’s Komo, and Landbank’s OF (Overseas Filipino) Bank)

Dealing with personal finances, especially since it’s not taught in school can be quite hard and confusing. I hope this video and this channel will help you out in the challenges we are facing right now with personal finance, entrepreneurship and adulting in general.

►Outline :
0:00 - Intro
0:16 - Start of Video
1:14 - What are High Interest Savings Acct?
1:26 - Why we Earn Interests?
2:34 - Inflation
3:16 - The Banks
3:56 - Digital Banks
5:22 - Their Interest Rates
6:10 - Maintaining Balance
6:34 - Transfer Fees
7:08 - Are these safe?
7:47 - Physical Card/Checkbook?
8:45 - Check Deposits
9:20 - Cash-in Methods
11:07 - Cash-out Methods
12:34 - Sample Computation
13:42 - Requirements
14:22 - Others
15:39 - Final Thoughts

►Sources/Links
► ING - https://ing.com.ph/home
► CIMB - https://www.cimbbank.com.ph/

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► Previous Videos :
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► Music Credit: DJ Quads
Track Name: “IT’S NEAR”
Music by: Dj Quads @   / aka-dj-quads  
Official YouTube Channel HERE:    / channel  

Disclaimer:
This video and description contain affiliate links where I may or may not receive a commission. This helps support the channel and allows me to continue to make videos such as this. I am not a financial advisor. Always do your due diligence.

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