CIMB Philippines and Visa To Launch New Business Card for SMEs

Visa and CIMB Bank Philippines have formed a partnership to deliver new banking services tailored for the nation’s small and medium-sized enterprises (SMEs). This collaboration seeks to address the financial needs of a vital part of the Philippine economy.

CIMB announced it will launch a new Visa business debit card, the centrepiece of the partnership, in the third quarter of 2025.

According to the bank, it designed the card to complement an upcoming business deposit product.

CIMB will link the new card to a high-interest business savings account to provide business owners with several key benefits.

The bank specifically aims to offer these features, which include zero fees on transactions, free fund transfers, and offers on insurance products, to micro and small enterprises.

Furthermore, account holders will have access to a revolving credit facility, providing a flexible source of funding.

As part of the arrangement, Visa will also extend exclusive discounts and privileges to CIMB customers at selected Visa merchants.

Source: Fintech News Philippines