UOB Lender gives various private banking providers designed to meet the financial requires of people. Down below is an intensive overview that will help you fully grasp The important thing features and choices.
Different types of Accounts
Financial savings Account: This account means that you can save money though earning fascination.
Options: Quick access, curiosity earnings, negligible expenses.
Added benefits: Safe and sound place for your cash, prospective growth by curiosity.
Latest Account: Perfect for day-to-day transactions and managing charges.
Characteristics: Checkbook facility, overdraft defense.
Advantages: Handy for normal payments and withdrawals.
Fixed Deposit Account: For those planning to earn increased fascination fees above a set period of time.
Options: Fixed term deposits, better interest rates when compared to savings accounts.
Rewards: Secure expense choice with predictable returns.
Loans
Own Loans: Unsecured loans that can be useful for several uses like education and learning or dwelling renovation.
Styles:
Installment Loans
Credit history Strains
Positive aspects: Flexible repayment conditions, aggressive interest premiums.
Property Financial loans: Tailored alternatives for buying residence or refinancing existing mortgages.
Forms:
Fastened Price Household Loan
Floating Level Property Financial loan
Benefits: Diverse plans to fit specific requires, appealing costs.
Charge cards
UOB features An array of bank cards catering to various lifestyles and expending habits:
Rewards Playing cards: Gain details on just about every purchase that may be redeemed for presents or travel miles.
Cashback Playing cards: Get hard cash rebates on day-to-day paying out for instance groceries and eating out.
Travel Playing cards: Particular Advantages like air miles accumulation and vacation insurance protection.
Investment decision Solutions
For people thinking about escalating their wealth as a result of investments:
Unit Trusts * Diversified portfolio managed by pros. * Suitable for prolonged-time period development aims.
Structured Deposits * Brings together the features of common deposits with expenditure products. * Possibly increased returns but with some chance involved.
Insurance policy Products and solutions
To shield yourself and All your family members versus unexpected gatherings:
Everyday living Coverage * Presents economical safety in case of Demise or essential disease. * Also can function a personal savings Instrument click here according to the plan preferred.
Overall health Insurance policy * Handles health-related bills such as hospitalization prices. * Essential for mitigating substantial Health care costs.
Digital Banking Expert services
Convenience at your fingertips by means of digital platforms:
Online Banking
Means that you can control your finances on line:
View account balances and transaction background
Transfer money involving accounts or pay expenses
Apply for new goods (loans/bank cards)
Cellular Banking
Banking on-the-go through mobile applications:
Quick equilibrium checks
Cellular payment solutions (QR code payments)
Notifications & alerts about account exercise
With these extensive choices, UOB aims to deliver personalised banking answers that cater especially to personal specifications while guaranteeing ease and stability in all transactions.