National Holidays: Six tips to safely withdraw and use your bonus

According to figures from sunafilthis year more than 4 million workers on the payroll will receive gratification by National Holidays. This labor benefit, which is granted to workers who belong to the private labor regime, can be used to pay, amortize debts, save or for purchases. Thus, scotiabank Peru offers some tips to see what steps you can take to make use of this extra money:

• Withdraw money with caution: If you will make purchases in these weeks, try not to withdraw large amounts of money, especially if you will move them long distances. Also, at the time of making the withdrawal, do not accept help from strangers or people not authorized by the bank.
• Optimize your savings: How to save? Try saving your bonus and set yourself a medium/long-term goal, this will motivate you to control your expenses and continue saving. Remember that from the Scotiabank App you have tools that allow you to manage your savings according to the amount you want to allocate for possible emergency situations that arise in the future.
• Create a fixed term account: A savings strategy that you can use when you receive this employment benefit is to open a fixed-term savings account. At Scotiabank you can receive up to 7.25% rate (TREA) for your savings in soles and up to 3.30% in dollars over 3 years. This opening can be chosen according to your investment term, which always generates interest and does not have a maintenance charge.
• Use digital channels: If you will use part of your bonus to pay debts or services, remember that you can also do it through digital channels. One of the main advantages of this medium is that they are available all the time to carry out operations from anywhere and at any time.
• Make use of payment methods: Preferably make your payments with your debit or credit card and then check your balances through your bank’s application to keep track of your expenses. In this way, you will be able to have a greater record of your money in order to compare income and expenses month by month.
• Secure shopping: This is also a time of discounts and offers for purchases. If you will allocate part of your bonus to it, avoid clicking on suspicious pages and do not believe in “easy” prizes or in anyone who asks for personal data in exchange for some type of benefit. If you are going to enter the page of your bank, always check that the site has “https” and a padlock in the address bar.

LOOK: Bonus July 2022: Follow these financial tips to get the most out of it

At Scotiabank we have savings options with competitive rates and free availability, such as the Power Account, which, depending on your balances, can pay you up to 4.5%. On the other hand, for customers who want to fulfill the dream of their own home, we have the Super Account that gives away an apartment every three months (next draw on July 27) and 5,000 soles every day.

Likewise, the use of digital banking is one of the safest, fastest, most intuitive, relevant options, focused on personalized experiences and in real time that will help avoid exposing the user to the insecurity of these times. Finally, it is important to note that the bank will never ask you for sensitive information such as the passwords of your accounts and cards, the expiration date or the Verification Code (CVV / CVC) of your cards or the Digital Key. Instead, you can ask for your name, ID, date of birth and address to validate your identity.

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