by Fintech Information Singapore
February 1, 2024
Singapore’s digital financial institution Belief has launched Belief+, a premium service tier providing further privileges to its customers. These advantages embody an enhanced rate of interest on deposit balances, unique rewards, a definite app interface, and precedence entry to in-app buyer help.
Belief+ routinely elevates prospects who preserve a median every day stability of S$100,000 for the month to this new stage of service. The common every day stability is decided by dividing the sum of the every day balances by the variety of days within the month.
The automated elevation to Belief+ will occur on the primary day of the next month for certified prospects, streamlining the method and eliminating the necessity for functions or eligibility inquiries.
Eligible prospects may obtain as much as 3% every year on deposits as much as S$500,000 with no hidden charges or prices for its merchandise.
This premium tier builds upon the Stability Bonus Charge launched in December 2023, which supplied a possibility for patrons to achieve a further 0.5% curiosity yearly on their deposits by sustaining the required common every day stability.
Along with monetary advantages, Belief+ members are supplied unique entry to offers and memberships from a choose group of leisure, life-style, and eating companions along with the prevailing coupons and stamp playing cards.
The Belief+ app expertise is customised with a black and gold theme and offers members with 24/7 precedence entry to customer support specialists.
Wanting ahead, Belief+ members can have entry to an array of further rewards, advantages, and experiences, together with a specifically designed steel financial institution card.
Michal Bialer, Chief Product Officer at Belief mentioned,
“Belief+ is Singapore’s first absolutely digital elevated banking expertise. Levelling as much as Belief+ is simple, clear and rewarding. Constructing round buyer suggestions, we’ve created a novel programme and are assured that prospects will benefit from the wide selection of advantages it affords.”
Dwaipayan Sadhu, Chief Govt Officer at Belief mentioned,
“We’re excited to ship one other modern market-first in Singapore with Belief+. Alongside this, we now provide a variety of services and products together with financial savings, bank cards, supplementary playing cards, loans, insurance coverage and naturally an intensive advantages ecosystem. What brings all of this collectively is a pleasant and modern buyer expertise that’s simple, clear and rewarding.”