Business
Fidelity Bank Launches ‘Youth Banking’ Product
Fidelity Bank Plc has stated that its “youths banking” has two products in its coffers.
The Bank stated that it has a dedicated team that provides financial solutions for individuals within the ages of 16 and 35 who are upwardly mobile.
These products are the premium student account, according to the bank is designed, bearing in mind needs of an undergraduate.
“The features are enticing but more importantly when you open a premium student account you immediately, gain access to resources that help you chart your course in life.” It stated.
The features include zero opening balance, reserve balance – N1000 (qualifies the customer for the reward schemes), free debit cards; internet banking/SMS banking as well customized non-clearing cheques.
Other features of the account include third party withdrawals: lodgment of cheques and dividends issued in the account holders name; minimum monthly lodgment of N1000 upgradeable to the premium graduate account.
For the Premium Graduate Account, the bank stated that “whether you are a professional or an entrepreneur, we know that you want to succeed.
As a premium graduate account holder, we provide great banking services and vital resources to give you the financial acumen you required to succeed.”
The features include opening balance N500; reserve balance – N200 (qualifies the customer for the reward schemes); free debit cards; internet banking/SMS banking customized non-clearing cheques.
Other features include third party withdrawals; lodgment for cheques and dividends issued in the account holders’ name, minimum monthly lodgment N2000; as well as automatic membership of the Fidelity Youth Lounge Club.
According to the bank, “our youth banking customers automatically become members of virtual youth club youth lounge. You can then sign on at the comfort of your homes or any other location and access the resources you require or even discuss with people of like minds who are also members.”