BDO Unibank is again teaming up with SM Supermalls for its innovative “Kabayan Tuesday” initiative which is a way of thanking overseas Filipino families for their loyalty.
The bank said that, for countless overseas Filipino families, SM is more than just a mall—it's a hub for shopping, bonding, and essential errands. Recognizing this, BDO Unibank has teamed up with SM to enhance these experiences.
“For the last 20 years, BDO and SM have been collaborating to teach overseas Filipinos and their families about saving and financial management through lively financial literacy seminars, complete with celebrities, games, and freebies at various SM malls," said BDO Senior Vice President and Head of Remittance Genie T. Gloria.
She said that starting in 2024, BDO and SM aim to make essential shopping even more rewarding by leveraging their Kabayan Savings. With Kabayan Tuesday, trips to SM can now be not just fulfilling but also economical.
Available every first Tuesday of the month, Kabayan Tuesday is BDO’s special way of thanking overseas Filipino families for their loyalty.
By presenting their Kabayan Savings ATM card, passbook, or BDO remittance payment slip at any SM branch nationwide, customers can enjoy up to a 10 percent discount at popular SM stores including The SM Store, SM Appliance, Watsons, Miniso, Toy Kingdom, Surplus, Baby Company, Sports Central, ACE Hardware, SM Cinema, SM Game Park, SM Bowling, and SM Skating.
This promo, which began on January 2, was officially celebrated on June 4 at the newly opened SM City Caloocan which opened its doors to the public on May 17, offering a fresh destination for families.
“With the opening of SM Caloocan, we saw an opportunity to hold our Kabayan Tuesday event here, knowing it’s a favored spot for overseas Filipinos and their families,” said Gloria.
The collaboration with SM has significantly boosted the number of Kabayan Savings account holders and Gloria said “We are continually adding more partners to provide discounts.”
SM Supermalls Senior Vice President for Marketing Jonjon San Agustin said “Kabayan Tuesday is just one of the many rewarding experiences at SM. Customers can also take advantage of other promotions and additional discounts across departments.”
Even those without a Kabayan Savings account can enjoy Kabayan Tuesday discounts through Cash Pick-up of remittances at BDO Remit counters inside SM Stores, SM Supermarket, and Save More. “Claim your remittance, present the slip at the cashier, and enjoy the discounts,” explained Gloria.
She also highlighted the long-term benefits of having a Kabayan Savings account. “Regular use of a Kabayan account for remittances builds a solid banking record, which is beneficial for future loan or credit card applications. A good relationship with a formal financial institution like BDO is invaluable.”
Bank savings are also safer, being regulated by the Bangko Sentral and insured by the Philippine Deposit Insurance Corp. “Saving in banks means overseas Filipinos’ hard-earned money is more secure,” Gloria stressed. “That’s why they trust banks more.”