Special offer for new customers who transfer salaries
Union Bank offers a complete package for the management of a Checking Account.
All you need to do is transfer a salary of at least NIS 7,000 and you will receive:
-
Exemption from current account management commissions (over-the-counter and direct banking commissions) AND
-
3% interest on credit balances (up to the amount of the salary, for a period of 3 years) AND
-
0% interest on debit balances (up to the amount of the salary, for a period of 3 years)
Terms and Conditions for New Customers:
- The offer is open to new customers who transfer of a new salary in the net sum of at least NIS 7,000 for an individual or NIS 9,000 for a couple.
- For the first 3 years, the benefits are subject to carrying out at least 8 operations in the account per month or a monthly debit of at least NIS 2,000* on a banker's credit card.
- Commencing with the fourth year, the exemption from current account commission will be subject to a monthly debit of at least NIS 5,000* on a banker's credit card (a monthly debit of NIS 2,500* will entitle the customer to an exemption from 50% of the current account management commission).
- The Bank undertakes to give the exemption from current account management fees for a period of 6 years from opening the account. The Bank reserves the right to amend or cancel the benefits from the end of the sixth year by giving 6 months' notice in advance. In the event of a change by virtue of the law, the Bank may cancel the benefit at any time upon giving 14 days' prior notice.
* The amount of the minimum monthly debit required from the Customer in order to receive the benefit is linked to the Consumer Price Index known on the date of opening the account.
Notes:
- Exemption from over-the-counter commission on up to 10 operations per month.
- Exemption from direct banking commissions on up to 30 operations per month. (Withdrawals from an ATM which is not at a branch of the Bank will be subject to a commission).
- Interest on credit balances 3% per annum for a period of 3 years only and up to the amount of the salary.
- 0% interest on debit balances for a period of 3 years only and up to the amount of the salary.
- Interest on credit balances is subject to tax in accordance with the law.
- The upper ceiling for receiving the benefits as to interest on credit and debit balances - a salary of NIS 30,000.
- The granting of a credit line and the issue of a credit card are at the discretion of the branch management.
- Subject to the full terms and conditions of the offer which are available at the Bank's branches.
- Valid for accounts opened up to 25.5.2012.
Bank Sites