Social Bank Account – Benefits and service fees

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The Social Bank Account is provided by a bank that operates only in the digital environment and offers great advantages to customers.

Therefore, one of the company's objectives would be to redefine society's values.

So, follow us and understand the features of an account that can be opened using your cell phone as easily as possible.

Getting to know the Social Bank Account

First of all, know that through this account, you can make deposits via DOC/TED from any other bank.   

In addition, transfers are made via the app and are very fast, and there are more than 23,000 Banco24Horas ATMs where you can make your withdrawals.

It is worth mentioning that the Social Bank Account has different features such as Social Group, where you can create a group to share expenses.

This means you and your friends don't have to pay transfer fees between accounts and can organize your trip in the best way possible.

Furthermore, there is the Social Control, in which it is possible to separate the money according to your objective.

Thus, the company allows you to create additional accounts, each of which includes a card and allows you to control all your finances, as well as share them with whoever you want.

Already the Social Connect allows the consumer to connect their financial life with whoever they prefer.

In other words, you invite a friend or family member to share your main account in a simple way.

There is the Social Cash Social Bank Account which offers financial support to the customer, including fair interest rates.

And finally, we must talk about the Social Investments which offers a complete platform for you to earn money by helping people.

Therefore, if you have any questions regarding the account's services and benefits, visit the website of the company to understand details.

Rates 

Unfortunately, the Social Bank Account has fees for basic services, please understand;

  • Issuance or re-issuance of card – R$ 9.90 per card;
  • Transfers to other banks – R$ 6.99;
  • Withdrawals at lottery outlets or on the Saque Pay and Banco24Horas networks – R$ 6.99;
  • Balance inquiry – R$ 1.50;
  • Attempted withdrawal via the Banco24Horas Network – R$ 2.50;
  • International purchase – (IOF) 6.38%.

Therefore, please be aware that the fee for issuing or reissuing the Social Bank Account is charged per card.

Otherwise, withdrawals through the Banco24horas network may include a convenience fee for providing the service.

And the withdrawal attempt fee is charged if the function has not been enabled by the app.

So there are other types of tariffs and you need to visit the website to understand more details.

How to perform the opening

To open your Social Bank Account, visit the website and fill out the application.

Basically, the company requires your CPF, an active cell phone number and also your mother's full name.

After that, you must provide your personal data, such as sending a photo of your document and a selfie.

Therefore, it is necessary to validate your email and number so that you can then go through the analysis process.

Also check out the Dayconnect Account.


Social Bank company contact: (11) 3185-9441
R. Carajas, 384 – Tabajaras, Uberlandia – MG


* Source of information website: https://www.conta-corrente.com/conta-digital/social-bank/abrir-conta-social-bank/