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The Land Bank of the Philippines unveils its new deposit product with optimal interest rates. Save more and earn more with tiered interest rates up to 4% based on your average daily balance.
What's new with LandBank?
OptiSaver is the latest offering from the Land of the Philippines and offers 0.05% to 4.00% tiered interest rates.
Regular interest rate: 0.05%:
PhP 50,000.00 to PhP 499,999.99
Tiered interest rate based on average daily balance (ADB):
1.00%: PhP 500,000.00 to PhP 999,999.99
2.00%: PhP 1,000,000.00 to PhP 2,999,999.99
2.50%: PhP 3,000,000.00 to PhP 4,999,999.99
3.00%: PhP 5,000,000.00 to PhP 6,999,999.99
3.50%: PhP 7,000,000.00 to PhP 8,999,999.99
3.75%: PhP 9,000,000.00 to PhP 9,999,999.99
4.00%: PhP 10,000,000.00 and up
Viewing throught Mobile Banking Application: Current Account Balance and Transaction History
Automatic closure if 90 days zero balance.
You may also consider these related topics:
How to Open A U.S. Dollar Savings Account with LandBank Digital OnBoarding System (DOBS)
Start Investing with LandBank's Unit Investment Trust Fund (UITF)
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ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.