uob individual banking
uob individual banking
Blog Article
UOB Financial institution presents a number of private banking solutions designed to fulfill the fiscal requirements of people. Under is an intensive overview to help you fully grasp The main element elements and choices.
Varieties of Accounts
Savings Account: This account means that you can get monetary savings while earning curiosity.
Options: Easy access, fascination earnings, minimum expenses.
Benefits: Risk-free spot for your money, probable development by way of desire.
Present Account: Ideal for day by day transactions and handling bills.
Options: Checkbook facility, overdraft protection.
Positive aspects: Effortless for normal payments and withdrawals.
Mounted Deposit Account: For those wanting to make larger fascination fees more than a fixed period of time.
Capabilities: Preset time period deposits, better fascination fees in comparison to personal savings accounts.
Positive aspects: Safe investment decision choice with predictable returns.
Financial loans
Private Financial loans: Unsecured loans that can be utilized for various applications like schooling or house renovation.
Types:
Installment Loans
Credit history Lines
Positive aspects: Adaptable repayment terms, competitive curiosity fees.
Residence Financial loans: Personalized options for paying for residence or refinancing existing mortgages.
Kinds:
Mounted Price Household Personal loan
Floating Charge Property Personal loan
Advantages: Distinct strategies more info to go well with unique needs, desirable costs.
Charge cards
UOB presents A selection of charge cards catering to different existence and shelling out routines:
Benefits Cards: Gain points on every purchase which can be redeemed for presents or journey miles.
Cashback Playing cards: Get funds rebates on daily spending which include groceries and dining out.
Journey Cards: Unique benefits like air miles accumulation and journey insurance policy protection.
Investment decision Services
For individuals serious about developing their prosperity via investments:
Unit Trusts * Diversified portfolio managed by industry experts. * Ideal for very long-time period development goals.
Structured Deposits * Combines the capabilities of traditional deposits with investment decision solutions. * Probably increased returns but with some risk concerned.
Insurance policy Merchandise
To guard your self and your family versus unexpected functions:
Lifetime Insurance plan * Supplies fiscal security in the event of Loss of life or crucial health issues. * Might also serve as a price savings Resource dependant upon the policy chosen.
Wellbeing Insurance policies * Handles health-related fees like hospitalization costs. * Essential for mitigating large Health care prices.
Electronic Banking Solutions
Usefulness at your fingertips as a result of electronic platforms:
Web Banking
Lets you take care of your funds on line:
View account balances and transaction history
Transfer funds in between accounts or shell out costs
Make an application for new solutions (loans/credit cards)
Cell Banking
Banking on-the-go via cell apps:
Quick equilibrium checks
Cellular payment alternatives (QR code payments)
Notifications & alerts about account activity
Using these thorough offerings, UOB aims to deliver customized banking solutions that cater precisely to particular person demands whilst making sure usefulness and stability in all transactions.