Cahoot Banking Provides One-Stop Online Banking

2007-03-08 10:33:40

( Financial )



Background of Cahoot Banking

The word "cahoot" brings into mind a "collaboration" or "teaming up". This is exactly what Cahoot Banking does, in order to offer services that are not limited to just deposits or loans but also to other types of transactions as well.

Cahoot Banking is a division of the Abbey National Group, the sixth largest bank in terms of assets and the second ranking provider of savings and mortgages in UK.

Cahoot uses modern technologies to enable its customers to keep track of their account through remote and telebanking services. You can access your accounts on a 24-7 basis, make transfers, or get account balance information regardless of where you might be. You can also use your Cahoot card at Visa or Link cash machines to access your credit card account. Through email and SMS, you can also receive account alerts about activities in your Cahoot accounts.

In comparison to other online banks which offer business bank account as well as personal account, Cahoot Banking concentrates on the individual consumer.

Cahoot's services may be classified into deposit accounts, loans, mortgages, credit cards, insurance and share trading.

Services Offered by Cahoot

Cahoot offers both savings and current accounts. You can also transfer funds online not just between your Cahoot accounts, but also non-Cahoot accounts. Everyday transactions such as deposits, checks, transfers, direct debit and bill payments are absolutely free.

Cahoot also offers both flexible and fixed rate loans and mortgages. With the flexible loan, you may borrow as much as you need and pay interest on whatever is outstanding. Best of all, you are allowed to overpay when you can. Under a fixed rate loan arrangement, you may choose to pay between two to seven years.
And since Cahoot is tied up with Abbey, you can even get help in looking for a new home.

The Cahoot credit card gives you up to six weeks free interest on purchases, easy balance transfer and free purchase protection. With the credit card, you can also apply for a Webcard to shop online anytime.

In collaboration with Norwich Union Direct, Cahoot also offers travel, motor or home insurance at reasonable rates and assurance of fast claims.

The Cahoot share trading service is provided by Self Trade, a leading online trader in the UK. You can invest in the UK stock market and given valuable research tools and information, all from your PC.

System Security at Cahoot

Cahoot employs the latest system technologies to lock your personal details. You are assured of 24-7 Internet banking which are mostly free except for your own phone line or Internet connection. You will always be informed of any charges up front so that you can make sound decisions about transactions. As long as you follow the precautions prescribed by Cahoot, you need not worry about possible fraud or unexpected charges.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.