​​​​​​​Maximize your savings with optimal interest rates! Save more, earn more with tiered interest rates up to 4% based on average daily balance.


●   Open through the LANDBANK Mobile Banking Application (MBA) or a LANDBANK Branch
●   Two accounts options (LANDBANK Visa Cardless or Passbook Account)
●   Convenient monitoring through the LANDBANK MBA
●   Tiered interest rates from 0.05% to 4.00%

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Minimum Deposit P50,000
Required minimum balance to earn interest P50,000
Minimum term None
Allowed number of deposits and withdrawals/fund transfer per month Unlimited
Interest Computation Daily
Withholding tax 20%
Deposit Instrument LANDBANK Visa Cardless account or OptiSaver Passbook
PDIC Insurance P500,000.00
Interest Rates Regular interest rate: 0.05% : P50,000.00 - P499,999.99 Tiered interest rate based on average daily balance (ADB) 1.00% : P500,000.00 - P999,999.99 2.00% : P1,000,000.00 - P2,999,999.99 2.50% : P3,000,000.00 - P4,999,999.99 3.00% : P5,000,000.00 - P6,999,999.99 3.50% : P7,000,000.00 - P8,999,999.99 3.75% : P9,000,000.00 - P9,999,999.99 4.00% : P10,000,000.00 and up


Service Fee in excess of two (2) withdrawals per month for over-the-counter transactions P200.00 per withdrawal, automatically deducted by the system from deposit account at the end of the month.
Service Fee for Falling Below Minimum ADB P200.00/month
Dormancy Fee P30.00/month
Service Fee if closed within 30 calendar days from date of opening P300.00
Documentary Stamp Tax None
Replacement Fee for lost/damaged passbook or conversion of account P200.00


Usage Channels As source and destination account for fund transfer and crediting channels. Viewing of the following through MBA: ● Current Account Balance ● Transaction History
Over-the-counter transactions Applicable based on existing procedure, even within ATM withdrawal limit.
Automatic Closure 90 days zero balance

*     subject to cardless transaction processing rules
**   Interbank through InstaPay and PESONet, VISA direct money transfer, LANDBANK Remittance Syste (LBRS), weAccess
      and eMDS.

Interest To be accrued daily and shall be credited to the account at the end of every month. Interest due for one (1) day shall be computed as: Daily Balance x Daily Interest Factor The interest earned on this deposit shall be subject to the prevailing withholding tax rate.
Deposits Can be made through the following modes: ● Over-the-counter by the depositor or through authorized representatives ● For LANDBANK Visa Cardless account via Cash Deposit Machine ● Fund transfer via ATM or the LANDBANK Mobile Banking Application ● Interbank Fund Transfer
Withdrawals For passbook accounts: must be made by the depositor personally or by an authorized representative For LANDBANK Visa Cardless: can be performed through the MBA (fund transfer or bills payment), cardless withdrawal via LANDBANK ATMs, and over the counter.
Dormancy Follows existing procedure on the closure of a regular and internet banking account.
Account Closure Follows existing procedures on the closure of a regular and internet banking account. For accounts closed within 30 calendar days from the date of opening, service fees applies.