Cahoot Bank belongs to the new breed of internet banks. Although it is owned by Abbey National, a high street bank which also offers internet banking, their products do not bear any resemblance with other banks. Two key factors to enable them to attract customers: product diversity and technology.
Diverse Range of Products
Cahoot is a finance company that offers a diverse range of products which have been recognized, winning several awards: two for Best Credit Card, and one for Best Authorised Overdraft. Cahoot bank offers competitive premium account services which are also available in some high street banks. Best of all, they offer shopping bargains which include an up to 10% cashback on credit card purchases in some outlets!
The Tech-Edge Technology-wise, Cahoot has plenty of satisfied customers. Members can access their Cahoot account online and across WAP. Digital TV access, the newest connectivity fad, will also be available by next year. The telebanking service gives the user access to account balances and statements through phone. This feature enables you to facilitate inter-account transfers sending money to your other internet banking accounts. But wait, there’s more! Current and credit accounts can also be accessed from your mobile phone – this is handy during long, quiet travels. Users can also setup account alerts simply through texting (SMS). Through this service, you will be alerted when for example a big transaction has been made using your account, or when your current balance falls below a set level!
Just like other internet banking services, the set up for all previously mentioned products is created online, and the Cahoot internet banking service is integral for holding of these mobile applications together. But do remember that unlike some of the internet banking services available, Cahoot prides itself of being able to offer its clients a full status current account where you get exactly the same services you would expect from any high street bank.
A Loan that is as Flexible as You Are The Cahoot Flexible Loan is a personal loan that gives you a credit limit and lets you borrow as much or as little as you like, when you like, as often as you like! Cahoot personal loans let you pay back at your own pace, subject to a monthly minimum payment, with no penalty or additional charges for paying back your loan early. Interest is charged only for the amount that you’ve actually borrowed! Now that is one flexible package.
