Luz Magsaysay (née Banzon; June 25, 1914 – August 17, 2004) was the wife of Philippine President Ramon Magsaysay and the seventh First Lady of the Philippines.

A native of Balanga, Magsaysay was devoted to her family, relatives and friends.

As the President's consort, Magsaysay was active in many socio-civic programs especially with the Philippine National Red Cross, of which she was honorary Chairwoman for several years.

She is remembered as one of the most admired First Ladies and distinguished herself for her warmth and simplicity.

[1] Magsaysay was widowed at 43 years old when President Magsaysay died in an aeroplane crash in 1957, three years and two months into his rule, making it was one of the shortest presidential terms in Philippine history.