UOB Lender delivers various private banking solutions meant to satisfy the financial desires of individuals. Underneath is an in depth overview to assist you have an understanding of The main element aspects and offerings.
Types of Accounts
Personal savings Account: This account allows you to save cash while earning curiosity.
Capabilities: Easy access, curiosity earnings, small fees.
Rewards: Harmless place for your funds, likely expansion through curiosity.
Recent Account: Perfect for day by day transactions and managing expenditures.
Capabilities: Checkbook facility, overdraft security.
Benefits: Hassle-free for regular payments and withdrawals.
Mounted Deposit Account: For anyone aiming to get paid higher curiosity charges above a set period of time.
Capabilities: Fastened time period deposits, bigger desire fees compared to savings accounts.
Advantages: Secure investment option with predictable returns.
Financial loans
Own Financial loans: Unsecured loans that may be used for various applications like instruction or property renovation.
Varieties:
Installment Loans
Credit history Traces
Advantages: Adaptable repayment phrases, competitive desire premiums.
Property Loans: Personalized remedies for acquiring property or refinancing present mortgages.
Types:
Fastened Charge House Personal loan
Floating Amount Residence Loan
Positive aspects: Various designs to match person requires, eye-catching rates.
Charge cards
UOB offers A selection of bank cards catering to distinct existence and investing behaviors:
Rewards Cards: Get paid points on just about every buy which may be redeemed for items or travel miles.
Cashback Cards: Get dollars rebates on everyday shelling out such as groceries and dining out.
Journey Playing cards: Special Rewards like air miles accumulation and journey insurance coverage.
Expenditure Products and services
For individuals considering developing their prosperity by investments:
Device Trusts * Diversified portfolio managed by experts. * Appropriate for very long-time period growth goals.
Structured Deposits * Combines the functions of regular deposits with financial investment products. * Possibly higher returns but with some danger involved.
Insurance policy Items
To guard oneself and Your loved ones in opposition to unforeseen occasions:
Existence Insurance policy * Gives monetary security in the event of Dying or important ailment. * Could also serve as a financial savings tool based on the plan preferred.
Overall health Insurance policies * Covers medical fees like hospitalization fees. * Essential for mitigating significant healthcare costs.
Electronic Banking Providers
Convenience at your fingertips as a result of digital platforms:
Internet Banking
Means that you can control your finances on the web:
See account balances and transaction record
Transfer money between accounts or shell out expenses
Submit an application for new goods (financial loans/bank cards)
Mobile Banking
Banking on-the-go by means of mobile applications:
Quick stability checks
Cell payment choices (QR code payments)
Notifications & alerts about account action
Using these extensive choices, UOB aims to get more info provide personalised banking methods that cater exclusively to unique needs though ensuring usefulness and stability in all transactions.