MICRO SAVINGS

Cebuana Lhuillier Micro Savings aims to provide easier banking access to Filipinos. The product is almost the same with any regular savings account in the philippines and doesn’t require a maintaning balance.

Filipino citizens as young as 7 years old are qualfied to open an account, which can be considered as a “kids savings” or “junior savings” account.

Product Details

Interest Rate Per Annum	0.30%
Minimum Balance to Earn Interest	Php 500
Minimum Maintaining Balance	None
Dormancy Period	None
Maximum Account Balance	Php 50,000
Deposit Amount	Min. Php 50; Max Php 50,000
Withdrawal Amount	Min. Php 100; Max Php 5,000
Deposit Fee	FREE
Number of Allowed Withdrawals Per Day	3
Withdrawal Fee	May be subject to rates
Requirements to Open An Account	1 valid government ID
24k Card Fee (For Non-24k Card Holder)	Php 100

Requirements to open a Micro Savings account

Application form
1 Valid Government ID
P50 minimum initial deposit

Who are qualified to open an account?

All Filipino citizens aged at least 7 years old

List of accepted Government/Valid IDs

Passport
Driver's License
Professional Regulation Commission (PRC) ID
National Bureau of Investigation (NBI) Clearance
Police Clearance
Postal ID
Voter's ID
Government Service Insurance System (GSIS) e-Card
Social Security System (SSS) ID
Senior Citizen’s ID
Overseas Workers Welfare Administration (OWWA) ID
OFW ID
Seaman's Book
Alien Certification of Registration (ACR)
Barangay Certificate or ID (with picture and signature)
Birth Certificate (applicable to minors only)
Firearm License
Immigrant Certificate of Registration
Marriage License
National Council for the Welfare of Disabled Persons
New TIN ID
OWWA ID
Student ID
Alien Certification of Registration (ACR) / Immigrant Certificate of Registration
Government Office or Government Owned and Controlled Corporations (GOCC) ID (e.g. AFP ID, HDMF (Pag-ibig Fund) ID, etc.
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 or institutions registered with or supervised or regulated either by the BSP (Bangko Sentral ng Pilipinas), SEC (Securities and Exchange Commission) or IC (Insurance Commission)

INSTANT SAVINGS PROMO MECHANICS

1. Ang promo na ito ay mula June 15 hanggang Sept.14 , 2020.

2. Maaring sumali ang bago at existing Micro Savings account holders.

3. Makakakuha ng e-raffle entry kung gagawin ang isa sa mga sumusunod na transactions at mapapanatili ang min. Php1,000 Average Daily Balance (ADB) sa loob ng 30/31 days.

Transaction	Min. Average Daily Balance	Average Daily Balance	Entries
Magbukas ng Micro Savings account	P1,000	P1,000	1
Magbukas ng Micro Savings account		P1,001 - P2,999	2
Magdeposit		P3000 - P4,999	3
Magdeposit		P5k and above	4

4. Walong (8) winners ng P50,000 ang bubunutin kada buwan.

Number of Winners	Cash	Period Covered
8	PhP 50,000	June 15 – July 14, 2020	July 15 – August 14 , 2020	August 15 – September 14, 2020

5. Ang draw ay gaganapin sa P.J. Lhuiller Inc. ICT Office 3/F, The Networld Hub 156 Jupiter cor. Bel-Air, Makati City 1209. Ito ay gaganapin saksi ang isang DTI representative.

Monthly Draw	July 24, 2020	August 24, 2020	September 24, 2020

6. Hindi makakasali sa susunod na draw ang mga entries na hindi nabunot sa naunang buwan.

7. Ang announcement ay makikita sa branch at Facebook page ng Cebuana Lhuillier.

8. Ang prize ay hindi maaaring maitransfer sa iba at maaari lamang manalo ng isang beses sa isang buwan.

9. Ipagbibigay alam sa mga nanalo ang kanilang prize sa pamamagitan ng SMS at registered mail.

10. Ang prize ay ide-deposit sa Micro Savings account ng winning client. Ang prize na sobra sa Micro Savings maximum amount limit na P50,000 ay maaaring ibigay ng cash o piliin ng client na mag-upgrade at magdeposit sa Cebuana Savings.

11. Ang PJ Lhuillier Inc. ang magbabayad ng 20% tax para sa prizes na higit Php10,000.00.

12. Ang prizes ay maaari lamang i-claim sa loob ng 60 na araw mula makuha ang SMS o registered mail.

13. Ang empleyado ng P.J. Lhuillier Group of Companies, agencies at services at kanilang mga kamag-anak hanggang second degree of consanguinity o affinity ay hindi maaring sumali sa e-raffle promo.

Per DTI-Fair Trade Permit No. FTEB-06546, Series of 2020