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VietinBank launches V-Family for shared family finances and exclusive perks
๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Economy & Trade

VietinBank launches V-Family for shared family finances and exclusive perks

From Tuแป•i Trแบป · () Vietnamese

Translated from Vietnamese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Context piece
  • VietinBank has launched V-Family on its iPay Mobile app, allowing families to create shared financial spaces.
  • The feature enables users to link family members, track combined financial value, and unlock exclusive benefits.
  • V-Family offers perks like attractive account numbers, preferential savings rates, reduced loan interest, and waived annual fees for credit and debit cards.

VietinBank is enhancing family financial management with the introduction of V-Family, a new feature integrated into its VietinBank iPay Mobile application. This initiative aims to create a unified financial ecosystem for households, simplifying how families connect and manage their money together.

Through V-Family, customers can easily establish a family group by inviting relatives via phone number. The feature allows for personalization with unique group names and images. A key function is the automatic aggregation of the group's total financial value, which determines a "family rank." This rank then unlocks tailored benefits and privileges for all members, fostering a sense of shared financial progress.

Since using V-Family, the whole family can connect on the same app, making management convenient and fostering a closer bond. I most like that the whole family can enjoy benefits together and track our shared 'ranking' progress.

โ€” Tuแป‡ MinhA customer's positive experience with the V-Family feature.

The core appeal of V-Family lies in extending financial advantages beyond the individual to the entire family unit. By consolidating finances on a single platform, members not only gain convenience in managing their money but also access a range of attractive perks. These include the chance to receive a premium digital account number valued up to 30 million VND, preferential interest rates on savings akin to priority customers, a reduction in loan interest rates by up to 0.2% per year, and lifetime waivers on annual fees for both credit and debit cards.

Customer feedback highlights the positive impact of V-Family. Tuแป‡ Minh from Hanoi noted the previous difficulty in tracking shared plans due to individual financial management. "Since using V-Family, the whole family can connect on the same app, making management convenient and fostering a closer bond. I most like that the whole family can enjoy benefits together and track our shared 'ranking' progress," she shared. Anh Tuแบฅn Anh from Ho Chi Minh City added that V-Family reframes finance as a shared family endeavor, offering a modern and convenient experience through simple mobile operations.

V-Family helps me feel more clearly that finance is not just a personal matter but also a family's companionship.

โ€” Anh Tuแบฅn AnhA customer's reflection on how V-Family changes their perspective on personal finance.
DistantNews Editorial

Originally published by Tuแป•i Trแบป in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.