2023-06-08 11:21:35
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Saving in a bank is a very important step in managing personal finances. By saving at a bank, you can prepare for various needs in the future, such as the need for marriage, education, buying/building/renovating a house, to emergency fund needs.
Saving at a bank also has various advantages to consider when saving money. Let's read the advantages of saving at a bank in this article so that you understand and are more confident about saving at a bank.
Advantages of Saving at the Bank
Here are some of the advantages of saving at a bank that you can understand before saving at a bank.
Guaranteed by LPS
Saving at a bank provides better security protection than keeping money at home. Banks have strict security systems, such as protection against theft and loss of money.
Deposits at the bank are also guaranteed by the Deposit Insurance Agency (LPS), so if the bank where you save goes bankrupt, you will not lose the funds in your savings because LPS will guarantee them according to the terms and conditions that apply.
Before saving at a bank, ensure the bank you choose has permission from the OJK and is guaranteed by the LPS, so you can feel calm and confident that your funds are safe.
Earn Interest
One of the main advantages of saving at a bank is the growth of your funds. Banks provide interest or returns on your savings balance. The bank's interest will help increase your savings' value over time. The bigger and longer you save, the bigger the profit you get.
At Bank MAS, you can choose SIMASTER savings with competitive tiered interest, so the bigger your savings balance, the bigger the interest you can get.
Transaction Ease
Banks provide various facilities to access your savings easily. You can use a debit card or ATM to transact, such as withdrawing cash or transferring between accounts. Several banks also provide online banking services such as mobile and internet banking, allowing you to access your savings account anytime and anywhere.
At Bank MAS, you can experience various transaction conveniences at more than 90,000 Bank MAS ATM networks, Prima, GPN, and Alto. And you can take advantage of mobile banking facilities with the MAS Mobile application and Bank MAS internet banking for transactions anytime and anywhere.
Help Manage Finances
Saving at a bank helps you manage your finances in a more organized and planned manner. Having a savings account lets you separate funds used for daily needs from savings funds. You can also check your savings funds' incoming and outgoing flows through neatly recorded transaction history or account mutations.
This will help you understand your income and expenses in your savings, making it easier for you to budget and control expenses.
Get Various Promos
The fifth advantage of saving at a bank is getting various promos. If you like online and offline shopping, banks often offer various attractive promos. This can be an advantage because you can use bank promos to save on your expenses.
At Bank MAS, you can also get various attractive promos which you can see on the Bank MAS website promo page.
Open a savings account at Bank MAS
After knowing some of the advantages of saving at a bank, you can make Bank MAS an option to open a savings account. You can open a MAS Savings account that offers easy registration through the MAS Mobile application or open a SIMASTER savings account with competitive tiered interest rates at the nearest branch office.
Sources:
OJK
