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The financial benefits of growing older

Home Business The financial benefits of growing older

 

 

Windhoek

Growing older should not hang like a dark cloud over you, when actually you have to consider that it comes with a lot of benefits. With age comes knowledge and experience that younger people still need to attain.

Research has shown that older people experience and grow as they continue to age, realising exactly what they are capable of. As a result, they aren’t going to sell themselves short anymore, or set boundaries based on what they think they can do.

Senior citizens are not going to make choices based on what others think, or may think. They base their choices on what they can do, or are interested in achieving.

“With growing older people’s priorities are clearly set and we know what we want, and what we don’t want. Their expectations of receiving proper service and being treated with respect are also clearly defined,” says Claire Hobbs, Chief Treasurer at Bank Windhoek.

“At Bank Windhoek we have always believed that our senior citizens should receive preferential treatment and most of all, the best interest rates. No matter the amount or period of investment, we make every effort to ensure we pay senior citizens the best interest rate on any given investment product used in conjunction with their Senior Save account. Investment products include Fixed Deposits, Call Deposit and Notice Deposit accounts.”

“This is Bank Windhoek’s way of thanking our senior citizens for their loyalty over the years,” said Hobbs.

Bank Windhoek also pays competitive interest on positive balances of all of its transactional accounts, including Senior Save.

The Senior Save account is tailored for individuals aged 55 years and older to meet the needs and expectations of those falling within this age group.

Except for offering the best rates in town, the Bank Windhoek Senior Save account also includes the following benefits:

Access to Bancassurance advice services such as estate planning, short term insurance and life insurance via the Bank’s in-house brokers.

Senior Save account holders pay no monthly service fees as well as no ATM withdrawal fees at Bank Windhoek ATMs.

Guaranteed low over-the-counter withdrawal fees and free external Debit Orders and no point-of-sale service fees when purchasing with your Visa Electron Debit card are additional perks of Bank Windhoek’s Senior Save account.

Access to CellPhone Banking, Internet Banking with no monthly subscription and the Bank Windhoek smartphone app are extra services that come free of charge.

“So benefitting with growing older is your right and Bank Windhoek will ensure that you still get the service and products you are accustomed to,” Hobbs concluded.