Having savings in the bank is indeed important. If at any time you need money to deal with an emergency, you can immediately use it. But before you open an account at a bank, find out these 4 things first.
Need to Know These 4 Things Before Opening an Account at a Bank
1. Admin fees
Even though it seems trivial, admin fees can be quite a drain on savings. In addition to monthly admin fees, there are other admin fees that need to be taken into account, such as transfer fees to other banks, top up fees and withdrawal fees at shared ATMs. If you do all of these things regularly, you need to pay all the admin fees. Then, there are other fees that need to be taken into account, such as the fee of creating a debit card.
2. Minimum balance when opening an account
Some banks require a minimum balance when opening an account for the first time. However, there are also banks that do not require it. If you don't actually need to deposit some balance first when you open an account, why not take it?
3. Automatic transfer
There are many benefits that you can enjoy with the automatic transfer feature. You can save consistently every month and pay various bills on time. If you pay your bills on time, you don't have to pay fines due to late payments.
4. Interest rate
Finally, you need to find out first what interest rate the bank offers. It's better to save money in a bank that offers high interest rates than low, right? More money will make you happy.
Create a Jago Account, Why?
Do you agree with what has been said above? If you want to create a bank account, you can create a Jago account.
Having a Jago account, you don't need to pay monthly admin fees. Then, there is a free quota of interbank transfers, e-Wallet top-ups and cash withdrawals at ATM Bersama.
Regarding the minimum balance, creating a Jago account does not need a minimum balance. However, if you want to start becoming jago at managing finances, you can top up your Jago Pocket at any time.
What about the Automatic Transfer feature? Jago has this feature as well. You can schedule transactions. When the time comes, Jago will help you complete all kinds of transactions. You can also set automation according to your preferences, whether it's fully automatic or semi-automatic.
Speaking of interest rates, you can enjoy an interest rate of 3.75% p.a.* for every Saving Pocket that you have. Not to mention if you save money in a Locked Pocket. The interest you enjoy is even higher, which is up to 4.75% p.a.*
What do you think, Jagoans? In addition to getting all of the above, you can manage your finances easily and practically through the Jago application, which is owned by Bank Jago.
*Interest rate can change at any time according to bank policy
