uob own banking
uob own banking
Blog Article
UOB Bank gives various particular banking companies created to meet the money demands of individuals. Underneath is an extensive overview that will help you understand The crucial element facets and choices.
Types of Accounts
Discounts Account: This account permits you to save money even though earning interest.
Characteristics: Easy accessibility, curiosity earnings, small fees.
Added benefits: Safe place for your cash, potential progress as a result of interest.
Recent Account: Perfect for daily transactions and handling bills.
Features: Checkbook facility, overdraft protection.
Positive aspects: Effortless for normal payments and withdrawals.
Set Deposit Account: For anyone aiming to earn greater curiosity costs around a hard and fast interval.
Attributes: Set phrase deposits, larger curiosity costs when compared to price savings accounts.
Benefits: Secure expense choice with predictable returns.
Loans
Personal Financial loans: Unsecured financial loans that could be employed for a variety of uses like education and learning or household renovation.
Sorts:
Installment Loans
Credit Strains
Gains: Versatile repayment phrases, competitive desire premiums.
Property Loans: Personalized alternatives for obtaining house or refinancing existing home loans.
Varieties:
Set Rate Household Bank loan
Floating Price Dwelling Financial loan
Rewards: Various designs to match person needs, beautiful charges.
Bank cards
UOB gives An array of charge cards catering to different life and spending behaviors:
Rewards Playing cards: Generate details on each and every order which may be redeemed for items or travel miles.
Cashback Playing cards: Get cash rebates on every day spending for example groceries and eating out.
Travel Cards: Distinctive Rewards like air miles accumulation and vacation insurance coverage coverage.
Financial investment Providers
For people serious about developing their wealth by investments:
Device Trusts * Diversified portfolio managed by website experts. * Appropriate for extensive-term development goals.
Structured Deposits * Brings together the capabilities of traditional deposits with investment decision merchandise. * Likely higher returns but with some danger involved.
Insurance policy Merchandise
To safeguard on your own and All your family members versus unexpected situations:
Everyday living Insurance * Provides financial security in the event of Demise or important ailment. * Might also serve as a cost savings Instrument with regards to the coverage selected.
Health Insurance coverage * Handles professional medical charges like hospitalization fees. * Essential for mitigating superior Health care fees.
Electronic Banking Expert services
Usefulness at your fingertips by means of electronic platforms:
Online Banking
Lets you handle your funds on the web:
See account balances and transaction record
Transfer money between accounts or fork out payments
Submit an application for new merchandise (loans/charge cards)
Cell Banking
Banking on-the-go through cell apps:
Speedy stability checks
Cell payment choices (QR code payments)
Notifications & alerts about account exercise
With these thorough offerings, UOB aims to supply individualized banking answers that cater precisely to personal requirements even though making sure comfort and protection in all transactions.