UOB Bank presents many different particular banking services made to satisfy the money requires of people. Underneath is an in depth overview to help you understand the key aspects and choices.
Sorts of Accounts
Discounts Account: This account means that you can cut costs even though earning curiosity.
Attributes: Easy accessibility, fascination earnings, minimum fees.
Gains: Risk-free place for your resources, prospective growth as a result of fascination.
Present Account: Perfect for every day transactions and running bills.
Attributes: Checkbook facility, overdraft protection.
Added benefits: Hassle-free for normal payments and withdrawals.
Set Deposit Account: For people planning to earn better interest costs over a set interval.
Functions: Preset term deposits, increased desire prices when compared to financial savings accounts.
Positive aspects: Protected expense selection with predictable returns.
Financial loans
Personal Loans: Unsecured loans which can be employed for many functions like schooling or household renovation.
Styles:
Installment Financial loans
Credit Lines
Advantages: Flexible repayment terms, competitive interest prices.
Residence Loans: Tailor-made answers for getting house or refinancing current mortgages.
Varieties:
Set Charge Property Bank loan
Floating Fee Property Bank loan
Rewards: Distinct programs to fit person requirements, appealing rates.
Bank cards
UOB delivers A variety of credit cards catering to distinctive existence and shelling out behavior:
Benefits Playing cards: Make details on just about every acquire which can be redeemed for items or travel miles.
Cashback Playing cards: Get funds rebates on daily spending for instance groceries and dining out.
Vacation Cards: Distinctive Positive aspects like air miles accumulation and travel insurance plan coverage.
Financial investment Companies
For people considering escalating their wealth as a result of investments:
Unit Trusts * Diversified portfolio managed by industry experts. * Ideal for very long-term progress targets.
Structured Deposits * Combines the characteristics of traditional deposits with expenditure products. * Probably bigger returns but with some threat included.
Insurance Items
To safeguard you and your family towards unforeseen functions:
Everyday living Insurance coverage * Gives money stability in the event of Dying or significant illness. * May also serve as a cost savings Device depending upon the plan preferred.
Health and fitness Insurance * Handles medical expenses including hospitalization costs. * Important for mitigating superior Health care charges.
Digital Banking Solutions
Comfort at your fingertips through electronic platforms:
Online Banking
Lets you deal with your finances on line:
Watch account balances and transaction historical past
Transfer money between accounts or pay back charges
Apply for new products (financial loans/credit cards)
Cell Banking
Banking on-the-go by way of cell apps:
Quick click here equilibrium checks
Mobile payment solutions (QR code payments)
Notifications & alerts about account action
With these detailed offerings, UOB aims to offer personalized banking methods that cater exclusively to person prerequisites although making sure usefulness and stability in all transactions.