Saving Plans

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Saving Plans

School Savings

This savings account can be opened with a minimum amount of ¢1,000.00.

It has an annual interest rate of 5.5%.

If you withdraw early you will be penalized interest.

Release date: First fortnight of January

Term Savings

Term Savings is a form of single deposit savings. You must present receipts or proof that it is an investment savings, which pays 6% annual interest.

It is not a payroll deduction, therefore a deposit must be made directly to the AsoAmazon account.

Minimum amount: ¢100 000.00

Minimum time 12 months

College Savings

This savings account can be opened with a minimum amount of ¢1,000.00.

It has an annual interest rate of 3%.

It can be withdrawn at any time the member wishes.

Employer’s Contribution

The employer’s contribution corresponds to the income provided by the employer to each associate by means of 5% of the salary.

This contribution will be delivered at the moment the associate leaves the labor relationship with Amazon.

The delivery of this contribution will be made within 45 to 60 business days after the resignation has been submitted.

Personal Contribution

The personal contribution is a savings that the association automatically deducts from the member’s salary, in which the deduction corresponds to 5%.

This contribution generates an available amount that can be used to make purchases at fairs or affiliated stores, as well as to apply for loans.

This cash will only be delivered to the associate, until the end of his participation with the Association.

The delivery of the same will be made within 45 to 60 business days after the resignation has been submitted.

Christmas Savings

This savings can be opened with a minimum amount of ¢1,000.00 and will be deposited in your bank account by the first days of December.

It has an annual interest rate of 5.5% and if withdrawn before the indicated time, interest will be penalized.

Release date: First fortnight of December

Flexi Savings

This savings account can be opened with a minimum amount of ¢1,000.00. It has the advantage that it can be withdrawn at any time the member wishes.

It has an annual interest rate of 3% and can also be used to pay or pay down loans.

Black Friday Savings

This savings account can be opened with a minimum amount of ¢1,000.00 and is deposited in the month of November.

It has an annual interest rate of 5.5%.

If you leave before the estimated time, you will be penalized.

Release date: First fortnight of November

Vacation Savings

This savings account can be opened with a minimum amount of ¢1,000.00 and is deposited in the month of July.

It has an annual interest rate of 5%.

If it is withdrawn early, interest will be charged.

 

Release date: First fortnight of June

Savings in Dollars

This savings account can be opened with a minimum amount of ¢1,000.00 or $ 10.00 and has the advantage that it can be withdrawn at any time the member wishes.

It has an annual interest rate of 2%.

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