VIENNA, October 23, 2017 – There are just as many forms of saving as there are reasons to save. The possibilities range from fulfilling children’s wishes in order to bring a smile to their faces to saving for future education needs to turning really big, long-held wishes into reality – a dream house at the edge of the city, a trip around the world, or a brand-new car.
During the World Savings Week 2017, BAWAG P.S.K. is highlighting various forms of saving for different target groups and their individual savings and investment solutions.
“Just like every year, we are looking forward to the World Savings Day! What could be better than talking to our customers about their dreams and finding a tailored solution to help turn them into reality?” said Markus Gremmel, Head of Marketing & Products at BAWAG P.S.K.
The Safe&Cool card
The Safe&Cool card (with PIN function) teaches children about saving in a somewhat different way.1) The topic of saving is interpreted in the context of the digital world: The Safe&Cool card is not only a free bank card for children up to the age of 13 to use for small payments for everyday needs (a maximum of EUR 10 per day), but also offers a highly attractive interest rate of 2.5% p.a. for their allowance. In addition, the Safe&Cool card allows parents to monitor their children’s account activity via eBanking.
There are also other benefits in addition to the Safe&Cool card. Each child receives a reflective key chain upon opening the account. Parents get a free starter package from B.free including a free SIM card with an initial credit of EUR 9.90 as well as a voucher for a 15% discount on Stabilo pens and markers. Personal accident insurance for children between the ages of six and ten is also included.
The NICKI passbook savings account
Smart savings: With the NICKI passbook savings account, children under the age of 13 can earn interest on their savings just like mom and dad and also receive a NICKI piggy bank. The NICKI passbook savings account has a term of four years and is a great gift idea for children, grandchildren, and godchildren.
Wüstenrot building association savings agreements
Building association savings agreements have been extremely popular for years, which is no wonder since they offer attractive initial interest rates and a government-subsidized bonus that is exempt from capital gains tax. During the World Savings Week or for as long as supplies last, customers who conclude a new state-subsidized Wüstenrot building association savings agreement (starting at EUR 70 per month) will receive a virtual reality headset as a gift.
Note: Promotion applies to the conclusion of a state-subsidized Flexibles (Jugend) Bausparen agreement (tariff 6 or tariff 16 starting with a savings amount of at least EUR 70 per month, EUR 840 per year, or a one-off payment of EUR 5,040) or a BONUSbausparen agreement without a bonus (tariff 8 starting at EUR 15,000); promotion period and acceptance date from 23 October 2017 to 31 December 2017. Cannot be combined with other promotions, not redeemable for cash. The virtual reality headset will be sent by mail after the building association savings agreement certificate is issued by Bausparkasse Wüstenrot AG; while supplies last.
A golden opportunity to start investing
The glistening Caribbean Sea or the shimmering dew on the lawn of your dream house – BAWAG P.S.K. is now adding a touch of gold to customers’ long-held dreams. The customer’s goals and risk tolerance are analyzed in a personal consultation and an investment solution is developed together with the customer. And right now is a golden opportunity to start a new investment:
When opening a new securities account and making a minimum investment of EUR 15,000 in selected Amundi funds2) or FondsSelect funds through 30 November 2017, BAWAG P.S.K. customers will receive a 5 gram gold bar3).
Note: Securities accounts opened and securities purchases executed up until the reference date of 30 November 2017 at 11:30 am serve as the basis for the calculation. Performance is not taken into account. The investment amount can be split up among several of the products listed above. The gold bar will be sent to the customer’s address of residence in Austria in January 2018. The offer is only available to natural persons without an existing securities account and can only be redeemed once per person and securities account. Not valid in connection with special conditions or other promotions such as AnlageKombi. Employees of BAWAG P.S.K. and Post AG may not participate in the promotion.
This is a marketing communication as defined by the Austrian Securities Supervision Act (WAG). This information does not constitute an offer, investment advice, or a recommendation to buy or sell. It is not a substitute for an individual consultation. The published prospectuses and the customer information documents (key investor information) are available free of charge in German at the offices of the management company, at BAWAG P.S.K. and its branches, and at www.amundi.at.
World Savings Day gifts
BAWAG Group Communications
Tel: +43 (0) 5 99 05-31210
1) The total balance is limited to EUR 1,000 (excluding interest).
2) Not valid for Amundi EUR/USD money market funds.
3) 5 g gold bar valued at EUR 193.10; as of 14 September 2017. The value is subject to future fluctuations in the price of gold.