Looking to grow your savings?
Banking with Global Heritage Union limited is an excellent way to earn interest while you still maintain easy access to your money with internet banking. That's why we created different type of accounts to suit our customers want while banking with us.
Find out below our different bank account.
The most basic type of bank account is the checking account. Think of it as home base. For most people, it’s where their paycheck gets deposited, where bills get paid from, and where they keep the money they need to get to quickly.
A checking account and savings account go together like Batman and Robin. They make a great team, and if you’re setting one up, you might as well set up the other. A savings account is exactly what it sounds like: a place to put your money that you want to save.
Let’s pretend a checking account and a savings account had a baby. This sweet little money baby would be a money market account. Like a checking account, a money market account might come with a debit card.
No, a CD isn’t a throwback to compact discs. A CD is a certificate of deposit. It’s like a savings account but a savings account where you won’t earn much and you could lose even more. With a CD, you’re basically loaning your money to the bank and they’re “rewarding” you with a little bit of earned interest.
