Cebuana Lhuillier Micro Savings Account

Cebuana Lhuillier is one of the most famous non-banking financial institutions here in the Philippines. They are one of the most trusted when it comes to remittances. Aside from that, they also offer pawn-broking, bills payment, remit-to-account, corporate payout, collections, insurance, and e-loading. In addition, Cebuana Lhuillier also created a micro-savings account that provides easier banking access to all Filipinos. If you want to know more about Cebuana Lhuillier Micro Savings Account, here’s some information about it.

What is Cebuana Lhuillier Micro Savings Account?

Cebuana Lhuillier Micro savings account is a regular savings account but it doesn’t require a maintaining balance unlike when you open a savings account in a bank. Anyone who has a savings account in Cebuana Lhuillier can deposit and withdraw their money at their most convenient time in any branch. Good thing, Cebuana has more than 2,500 branches here in the Philippines which makes it easier for account holders. In addition, you can also your card to pay cashless in any of the Unionpay and Bancnet accredited retail stores. Aside from that, you can also withdraw money using your card at any of  21,000+ Bancnet ATMs nationwide.

Cebuana Lhuillier Micro Savings Account Details:

  • No maintaining balance
  • 0.20% Interest rate yearly
  • Php 500 balance to earn interest
  • Php 50,000 maximum account balance
  • Withdrawal
    • Php 50 minimum
    • Php 50,000 maximum
  • Deposit
    • Php 50 minimum
    • Php 50,000 maximum
  • 3x withdrawal per day
  • FREE deposit fee
  • FREE withdrawal fee (Until further notice)

Requirements to open an account:

  • Application form (will be given once you apply)
  • 1 valid government ID, any of the following:
    • Voter’s ID
    • Postal ID
    • Police Clearance
    • OFW ID
    • SSS ID
    • TIN ID
    • Students ID
    • OWWA ID
    • Passport
    • Driver’s License
    • Baranggay Certificate
    • Firearm License
    • Birth Certificate (applicable to minors only)
    • Professional Regulation Commission (PRC) ID
    • National Bureau of Investigation (NBI) Clearance
    • Government Service Insurance System (GSIS) e-Card
    • Senior Citizen’s ID
    • Seaman’s Book
    • Alien Certification of Registration (ACR)
    • Immigrant Certificate of Registration
    • Marriage License
    • National Council for the Welfare of Disabled Persons
    • Government Owned and Controlled Corporations (GOCC) ID
    • Certification from the National Council for the Welfare of Disabled Persons (NCWDP)
    • Department of Social Welfare and Development (DSWD) Certification
    • Integrated Bar of the Philippines ID (IBP)
    • Company IDs issued by private entities

How to Open a Micro Savings Account

If you want to apply, visit any Cebuana Lhuillier branch with more than 2,500 branches nationwide. Get a form and then fill it out. Once done, submit it to the counter associated with 1 government issued ID and Php 200 (Php 50 minimum initial deposit and Php 150 card fee).

For more information, you may contact Cebuana Lhuillier usinag this hotline: (02) 8779-9800 (PLDT), (02) 7759-9800 (Globelines) or send them an email at [email protected]

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