Banif Bank has enhanced its popular ‘Salary Package’ product, offering customers a bundle of benefits on depositing their monthly salary. The salary package offers benefits on deposit and credit products with free electronic banking facilities.

When customers deposit their salary in Banif’s Salary Package they earn premium rates on their current account. This product is available to clients earning at least €750 net per month, and comes with a free Visa debit card, free Banif@st internet banking, a bill payments account, a fee-free classic credit card for the first year and a credit line of up to €1,000.

Additional benefits include 0.25 per cent bonus interest on the monthly savings scheme from Banif, a bonus interest rate on standard one-year standard term deposit, a discount of 0.25 per cent on the rate of unsecured express credit personal loans, 25 per cent discount on personal loan processing fees, and home loan processing fees.

Clients who receive their salary through direct credit can opt for the direct salary account and receive a interest for their current account with up to one per cent gross per annum. The account also comes with a cheque book.

Customers earning more than €25,000 gross yearly receive more benefits under the Executive Package including a fee-free gold card for the first year and a discount of 0.75 per cent on the rate of unsecured express credit personal loans between €15,000 and €35,000.

Information is available online at www.banif.com.mt, in branches or by calling customer care on 2260 1000.

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