uob individual banking
uob individual banking
Blog Article
UOB Bank features a number of individual banking services built to satisfy the monetary requires of individuals. Underneath is an extensive overview that will help you understand The crucial element elements and choices.
Kinds of Accounts
Discounts Account: This account permits you to cut costs while earning interest.
Attributes: Easy access, desire earnings, negligible fees.
Gains: Safe place for your cash, opportunity growth by means of curiosity.
Latest Account: Perfect for day by day transactions and managing costs.
Functions: Checkbook facility, overdraft protection.
Advantages: Hassle-free for regular payments and withdrawals.
Set Deposit Account: For all those planning to receive increased curiosity charges above a hard and fast time period.
Attributes: Preset phrase deposits, greater interest charges when compared with personal savings accounts.
Rewards: Safe investment possibility with predictable returns.
Financial loans
Private Financial loans: Unsecured loans that may be useful for different functions like education or property renovation.
Forms:
Installment Loans
Credit rating Lines
Added benefits: Flexible repayment conditions, competitive fascination prices.
Household Loans: Customized solutions for obtaining property or refinancing current home loans.
Kinds:
Fastened Charge House Financial loan
Floating Price Property Financial loan
Positive aspects: Different strategies to go well with particular person demands, beautiful prices.
Charge cards
UOB offers An array of charge cards catering to various existence and paying out practices:
Benefits Playing cards: Make factors on each individual obtain that may be redeemed for presents or vacation miles.
Cashback Playing cards: Get money rebates on every day expending such as groceries and dining out.
Travel Playing cards: Distinctive benefits like air miles accumulation and vacation coverage protection.
Financial commitment Products and services
For people keen on rising their wealth by means of investments:
Unit Trusts * Diversified portfolio managed by professionals. * Suited to very long-time period development objectives.
Structured Deposits * Brings together the options of common deposits with financial investment solutions. * Perhaps larger returns but with a few chance concerned.
Insurance Solutions
To guard yourself and Your loved ones against unexpected events:
Existence Insurance * Supplies monetary protection in the event of Loss of life or important sickness. * Might check here also serve as a personal savings tool dependant upon the plan picked.
Health and fitness Insurance policy * Addresses medical expenditures which include hospitalization costs. * Essential for mitigating substantial Health care expenditures.
Electronic Banking Services
Ease at your fingertips by way of electronic platforms:
Online Banking
Allows you to handle your finances on-line:
Look at account balances and transaction heritage
Transfer funds amongst accounts or fork out costs
Submit an application for new products and solutions (financial loans/charge cards)
Mobile Banking
Banking on-the-go by way of mobile applications:
Brief harmony checks
Cellular payment alternatives (QR code payments)
Notifications & alerts about account activity
Using these in depth choices, UOB aims to supply customized banking options that cater especially to personal needs whilst making sure advantage and safety in all transactions.