Earn 4% p.a. on your US Dollar Savings

1. The Dollar Bonus Promo (“Promotion” or “Promo”) will run from March 11 to April 30, 2025 (“Promo Period”) in all EastWest Bank (“EastWest” or “EW” or “Bank”) stores nationwide.

2.Promo is available to new-to-dollar (“NTD”) and existing-to-dollar (“ETD”) accounts/customers. New-to-dollar customers pertain to individuals/businesses without a valid US Dollar account (“USD Account”) including USD Savings, USD SuperSaver and USD Time Deposit.

3. “Eligible Customers” for the Promo are:

1. NTD customers who open a USD Savings Account (“USD SA”) during the Promo Period with an initial deposit of at least USD 10,000 in fresh funds and maintain an average daily balance for 90 days (“QTD ADB”) of at least USD 10,000 from opening date.
2. ETD customers whose USD SA has an incremental QTD ADB of at least USD 10,000 vs. their February ADB. ETD customers must signify their intention to participate in the promotion by visiting/calling their store of account. The incremental QTD ADB on their USD SA must be from fresh funds*.

*Fresh funds refer to funds that are not withdrawn/sourced from any EastWest account or from any proceeds thereof, and funds must be incremental to the Eligible Customer’s total average deposit balances of their USD Accounts in February.

ADB refers to the sum of daily ending balances in a given period divided by the number of days in that period.

4. Eligible Customers will get a 4% p.a. bonus interest rate (“Promo Rate”) on his/her USD SA account in addition to the 0.125% p.a. regular interest the USD SA account is entitled to earn. The Promo Rate will be applied as follows:

1. For NTD accounts: Promo Rate will be applied to the USD SA’s QTD ADB from opening date (“Earning Period”).
2. For ETD accounts: Promo Rate will be applied to the USD SA’s incremental QTD ADB from joining date (“Earning Period”). If the incremental QTD ADB of USD Accounts is lower than the USD SA’s incremental QTD ADB, the Promo Rate will be applied to the USD Accounts’ incremental QTD ADB.

5. Bonus interest earned by Eligible Customers will be accumulated and credited to the USD SA within 15 banking days from the end of the Earning Period.

6. Eligible Customers whose QTD ADB (for NTDs) or incremental QTD ADB (for ETDs) on their USD SA or USD Accounts falls below $10,000 during the Earning Period will not be entitled to the Promo Rate.

7. If the USD SA is closed before the bonus interest is credited, any bonus interest earned shall be forfeited. EW will not pay the bonus interest whether in full, in part or pro-rated.

8. The total interest earned on the USD SA is subject to 15% withholding tax.

9. All new account openings are subject to EW’s existing policies and procedures.

10. This Promotion may not be availed in conjunction with other existing EW promos.

11. In case of disputes arising out of or in connection with the Promo, the decision of EastWest with the concurrence of the Department of Trade and Industry (“DTI”) will be final. 

DTI Fair Trade Permit No. FTEB – 215435 Series of 2025