I lurked in the Chevrolet Volt (or Opel Ampera-E to you Europeans) forums for a long time before coming up with this.
The Outlander PHEV operates almost identically to the Volt mk1, except it is an SUV & has a rear-mounted motor generator unit (forgoing the need for the generator motor to act as a 2nd drive motor unit). Chevrolet put in Normal, Sport & Mountain mode on the Volt (hold mode was later added in 2012+). Mountain mode was exactly what it stated; the Volt would use its ICE to charge up to 50% SoC which was meant to keep the car's battery buffer up so it can sustain safe speeds in significant grades.
In essence, Mountain mode is pretty much our Outlander PHEV's Charge mode. With the caveat the Volt by its programming does not allow the ICE charging beyond 50% SoC; I figured GM realized it isn't really all that efficient to be using gas -> generator -> electricity -> battery -> electricity -> motors -> wheels instead of parallel mode's gas -> gearbox -> wheels. Yes EV operation at stop-and-go is great, but as Trex & anko stated - the 4B11 would always be operating at its ideal rpms even in serial hybrid mode so you don't lose much in terms of efficiency. In a sense, you're forcing the PHEV to choose when to burn the gas - either a bit more on the freeway via extra load on the generator or doing so at a light, charging the battery directly.
In that sense, you can use Charge mode but you would likely be wasting more fuel than just letting the car do its own thing. Save mode would be beneficial for retaining SoC for EV duty at lower speeds & using the more efficient parallel drive for highway runs, but letting the car do its thing in city is something hybrids are really good at.