LANDBANK is raising the bar for savings accounts with the launch of OptiSaver Plus—an upgraded version of its high-interest
OptiSaver account—designed to help Filipinos grow their funds while enjoying free insurance coverage for greater financial
security.
With tiered interest rates of up to 4% per annum, the LANDBANK OptiSaver Plus account provides depositors with free insurance coverage based on their Average
Daily Balance (ADB).
Optisaver Plus account holders receive life insurance coverage which scales with
account balance tiers, rewarding higher savings with greater financial protection.
Meanwhile, personal accident insurance offers additional coverage against accidents
resulting in injury or loss, ensuring a safety net for depositors and their families.
Maintaining a minimum ADB of ₱50,000 qualifies depositors for either free life
insurance or free personal accident insurance, while those in the highest balance tier
of ₱20 million and above receive both coverages.
“With the LANDBANK OptiSaver Plus, we are empowering our clients to achieve
financial growth while securing their future. By combining the benefits of higher
savings potential and built-in financial protection, we are ensuring their hard-earned
money works even harder for them as they build wealth with confidence,” said
LANDBANK President and CEO Lynette V. Ortiz.
As a savings account, the LANDBANK OptiSaver Plus offers flexibility with no tenor,
and allows account holders to unlimited deposits and withdrawals with seamless
access through LANDBANK's digital banking channels for cardless LANDBANK Visa
Debit Card transactions and at all LANDBANK Branches for passbook over-the-
counter transactions.
Interested clients can open an OptiSaver Plus account at any LANDBANK branch and
receive a passbook for account monitoring.
Meanwhile, existing OptiSaver account holders will have their accounts automatically
converted to OptiSaver Plus, and only need to visit any LANDBANK branch to
complete the required forms to receive free insurance.
ABOUT LANDBANK
LANDBANK is the largest development financial institution in the country promoting
financial inclusion, digital transformation, and sustainable national development.
Present in all 82 provinces in the county, the Bank is committed to provide
accessible and responsive financial solutions to empower Filipinos from countryside
to countrywide.
