Micro Savings
Cebuana Lhuillier Micro Savings aims to provide easier banking access to Filipinos. It is a regular savings account but doesn’t require maintaining balance. Account holders can deposit and withdraw anywhere at their most convenient time with Cebuana Lhuillier’s network of close to 3, 500 branches nationwide. As a Micro Savings account holder, you can also pay cashless using your card in any of 350,000 Unionpay and Bancnet accredited retail stores and withdraw in any of 21,000+ Bancnet ATM nationwide.
Product Details
| Interest Rate Per Annum | 0.20% |
| Minimum Maintaining Balance | None |
| Minimum Balance to Earn Interest | Php 500 |
| Dormancy Period | None |
| Maximum Account Balance | Php 50,000 |
| Deposit Amount | Min. Php 50; Max Php 50,000 |
| Withdrawal Amount | via Cash Agent Min. Php 100; Max. Php 5,000 per transaction via other Bank ATMs Min. Php 100; Max. Php 10,000 per transaction |
| Deposit Fee | FREE |
| Number of Allowed Withdrawals Per Day | 3 |
| Withdrawal Fee | via Cash Agent May be subject to rates via other Bank ATMs Varies depending on the Acquirer |
| 24K Union Pay Debit Card Fee (Replacement) | Php 150 |
Requirements
- Customer Information Sheet
- One (1) Valid Government ID (See list of valid IDs)
- P50.00 Initial Deposit
