The Philippine National Bank (PNB) has launched a raffle promotion called Dagdag Dollars, Dagdag Swerte. This is open to individual and joint account holders of its US Dollar Savings Account maintained at any of its domestic or overseas branches.
A total of $40,000 cash is at stake for 13 lucky winners. The grand prize is $15,000; second prize is $10,000; and third prize is $5,000. Minor prizes of $1,000 each goes to 10 winners.
All prizes are being given away tax-free.
Earning raffle points is easy. For as low as $200 increase in the average daily balance (ADB) of the depositor’s dollar savings account from Nov. 1, 2008 to April 30, 2009, the bank client becomes entitled to one system generated raffle number.
Every $200 increment earns one raffle point.
Further, existing account holders who meet above-mentioned minimum incremental deposit requirement will also get one raffle entry for every $200 of their October 2008 year-to-date ADB. Thus, the bigger the deposit, the more chances.
This raffle promotion is being launched by PNB to reward its loyal depositors, particularly overseas Filipino, with the opportunity to increase their dollar savings for the financial security of their families.
PNB has the broadest international footprint among local commercial banks and a wide array of deposit, investment and loan products catering to this customer segment. It has 324 domestic branches, and 105 branches, representative officers, remittance centers and subsidiaries in the Asia Pacific region, Europe, the Middle East, and North America.