REVI Credit is a new credit or a cash loan provided by CIMB Bank, an international digital bank.
As of now, this is a pre-select credit line.
Not all people are qualified to get a REVI Credit.
We strongly believed that if you have a good credit score on GCash since CIMB Bank is closely tied up with GCash, then you have a good chance of getting a REVI Credit loan.
CIMB Bank Philippines is powering GSave of GCash. It is also the provider of GCredit loan on GCash.
GCash is also measuring one’s credit score through its technology called GScore inside the GCash app.
So, the logic is, that CIMB Bank can easily see one’s credit behavior if your CIMB Bank account is linked with GSave on GCash.
First thing first, you should activate your GSave on GCash, and then upgrade it to GSave Plus by installing CIMB Bank App and then link your existing GCash/GSave account. That’s it.
Some people made some mistakes by creating an account on CIMB Bank first, although I am not sure if this can be solved like there is a way of linking your CIMB account to GCash via this route… maybe, because we have an all-new CIMB Bank app right now.
So, what’s our REVI Credit review then?
Well, we’d like to write a review on certain loan apps here in the Philippines after some time of using them. We’ve been using REVI Credit for a few months now and we can say that this is one of the best personal cash loans out there.
And, we can say, that even if you have a bad credit history in the past, you might still get a chance with CIMB Bank Philippines loan products like REVI Credit and CIMB Bank personal cash loans.
And thanks to GCash again! Yes, even if you have a bad credit score in the past, you can gradually change it by using GCash regularly… and the real game really starts when you are given the chance to activate and use GCredit by CIMB Bank.
Oh no, can I be straight to the point without inserting GCash in the conversation? Actually no, because for now, GCash is our gate pass!
How much is REVI Credit line?
Depends on one’s credit score, and of course, your monthly income can also significantly affect your credit line on REVI Credit by CIMB Bank.
REVI Credit line can be as high as P250,000.
In my case right now, I am given a P30,000 credit line. Not bad. I cannot complain.
How to pay REVI Credit?
Paying REVI Credit is easy. For me, the most convenient way to pay REVI Credit is through our CIMB Bank fund. We can pay REVI Credit loan either from our balance on GSave, UpSave, or Fast account. As easy as that.
If your account is connected to GSave on CIMB Bank, you can easily deposit some money from your GCash balance to your GSave account for free.
Otherwise, there are other ways to fund your CIMB Bank account. My favorite is through Palawan via Dragon Pay. What’s great, it’s free of charge and will be credited to your CIMB Bank account in real-time.
The maximum per transaction on Palawan (Dragon Pay) is P20,000 but you can do multiple transactions at a time if in case you want to fund your CIMB Bank account with more than P20,000.
You can watch my video tutorial about it (on the old app of CIMB Bank, but it is almost the same with the new CIMB Bank App).
To find more ways to pay REVI Credit loan of CIMB Bank Philippines, check their official help article on their website.
How to Convert REVI Credit Line to REVI Credit Term Loan?
What’s more interesting, you can also convert your REVI Credit to a Term Loan.
But, in the new CIMB Bank app, it seems that not all REVI Credit-approved borrowers can apply for REVI Credit Term Loan.
That’s true in my case. I am not yet qualified to convert a portion of my REVI Credit line to a Term Loan.
Is that bad?
I think no, and I realize that a term loan might not be too flexible.
Remember that REVI Credit is a revolving credit.
For example, if I will pay P5,000 out of my P20,000 used credit, this P5,000 will be replenished into my REVI Credit revolving fund.
So, as we all know, we can only reloan again in case of a TERM LOAN after its full repayment.
That said, I would love to use REVI Credit as it is now, being a revolving fund, like GCredit of GCash.
How about you?
Have you converted your REVI Credit to a Term Loan already?
And if you are looking for bigger personal cash loans, you can check out our post about the Top 10 Bank Personal Cash Loans Without Collateral in the Philippines.
My Final Say
REVI Credit is one of the best online loans in the Philippines.
You won’t go wrong with REVI Credit, because it is very flexible.
But of course, we really need to be responsible enough in using credit lines.
If not, we will be in serious debt.
And much more trouble.
If you like this post, I would be happy if you can leave a rating/review below. Thanks! See yah!
Check the article of CIMB Bank that explains REVI Credit here.