Ultimate Account

Key Facts

Ultimate Account

This is a Current Account, which attracts a flat monthly single fee to cover your day to day banking transactions and offers embedded retrenchment, funeral and hospital cash back insurance. Product features include free salary credit, 25 leaflet cheque book, unlimited interim statement printing, free Visa Debit card, 1 free external standing order.

What is unique about the Ultimate Account?

Blue Arrow - Bullet It attracts a flat monthly fee for the following bundle of transactions and services:

Blue Arrow - Bullet Free International Visa Debit Card

Blue Arrow - Bullet Free e-banking services – SMS alerts, eStatement, Internet banking, Mobile banking, Tablet & Smartphone Banking

Blue Arrow - Bullet One free external standing order

Blue Arrow - Bullet One free salary processing per month

Blue Arrow - Bullet Free 25 leaflets cheque book

Blue Arrow - Bullet Free retrenchment cover which pays 3X your monthly salary if retrenched up to GHs10,000

Blue Arrow - Bullet Funeral Insurance plan up to GHs1,800
      Blue Arrow - Bullet Covers funeral expenses of up to 5 family members in addition to the account holder – Spouse, Parents and parent In–Laws

Blue Arrow - Bullet Accidental Hospital Cash Back cover of up to GHs10,800 - A daily cash payout of GHs60 per day up to GHS10,800 anytime the customer goes on admission

Blue Arrow - Bullet Travel Insurance embedded on the International debit card – offering many benefits including Medical & Repatriation Expense cover up to GHs300,000

 

What Insurance Package does the Ultimate Account Offer?

Blue Arrow - Bullet Retrenchment insurance cover of three times your monthly salary up to a cap of GHS 10,000*
Blue Arrow - Bullet Funeral insurance cover of up to GHS 1,800 covering funeral expenses of up to five family members including the account holder: spouse, parents and parent-in-laws
Blue Arrow - Bullet Hospital Cash Back cover of up to GHS 10,800 with a cash pay-out of GHS 60 per day anytime you are admitted as a result of an accident**
Blue Arrow - Bullet Travel insurance embedded in the International debit card offering many benefits including medical and repatriation expenses cover of up to GHS 300,000

Where can customers get the Ultimate Account?

The Ultimate account can be opened at all Branches.

What are the benefits of Ultimate Account?

Blue Arrow - Bullet The flat monthly fee is predictable and therefore, enables customers to budget better.
Blue Arrow - Bullet The account offers a discount on fees, a free debit card and a free cheque book
Blue Arrow - Bullet The account offers GH¢300 cash payout as funeral insurance cover for each of the following:
      Blue Arrow - Bullet The account holder,
      Blue Arrow - Bullet Spouse,
      Blue Arrow - Bullet Parents,
      Blue Arrow - Bullet Parents-in-law.
Blue Arrow - Bullet The account assures prompt claims payment on the funeral insurance cover.

How does one become an Ultimate Account holder?

Existing customers may simply request that their accounts should be migrated to the Ultimate Current Account.

New customers will simply be assisted to open the Ultimate Account by going through the simple steps of account opening - Complete an application form, attach a valid ID and proof of address or introducer form.

Are there age limits?

To open an Ultimate current account, the customer should be 18 years and above.

To benefit from the embedded funeral insurance, the beneficiaries should not have exceeded the following ages at the time of the commencement of the Plan:

Account Holder and Spouse: 59yrs

Parents & Parents - in - law: 74yrs

To benefit from the embedded retrenchment insurance, the account holder should be 18 years and above and should receive monthly salary through the Ultimate Account

*Retrenchment claims must be filed within 90 days of retrenchment.

**Must have been admitted in the hospital for at least 3 days in order to qualify for the cash pay-out.