What is the Allo Bank Application, Customers Need to Know
Rancakmedia.com – Many people already know what the allo bank application is, a digital bank application owned by PT Allo Bank Indonesia Tbk.
The establishment of a platform to facilitate fast and secure digital transactions is increasingly important. Therefore, Allo Bank can be a solution to these demands.
Kamu dapat melakukan berbagai transaksi keuangan langsung dari telapak tangan kamu dengan application smartphone ini. 
What is Allo Bank App
If you are still unfamiliar with the Allo Bank application, you need to know. The Allo Bank application is a local bank digital platform that has a variety of financial services. Since the trial version of Allo Bank was introduced in February last year, this app can be considered relatively new.
According to the history of Allo Bank App, the company that controls it is not very old in terms of the banking industry.
Prior to being purchased by Mega Corpora in 2021, Allo Bank was known as BHI or PT Bank Harda Internasional. OJK or the Financial Services Authority has given approval for the rebranding which will be effective in June 2021.
Therefore, for legal matters, you as a user don't need to worry when you want to use the Allo Bank Application, because apart from being supervised by the OJK, there is the name Chairul Tanjung there.
AlloBank feature
There is a good chance that you are interested in learning more about the features of the Allo Bank app before you actually go ahead and download it. Following are the various features of Allo Bank application, among others:
1. Allo Pay and Allo Pay+
The Allo Bank application contains the Allo Pay and Allo Pay+ features, these features are the e-wallets. This e-wallet has advantages such as a simple and fast registration procedure.
In addition, you will not be charged a recurring monthly fee. By utilizing Allo Pay and Allo Pay+, subsequent transactions can be carried out easily and safely. Not only that, you can also get attractive offers anytime and anywhere.
So, what's the difference between Allo Pay and Allo Pay+? Monthly transactions of up to IDR 10 million with Allo Pay are limited, but unlimited monthly transactions with Allo Pay+ are possible!
Apart from the maximum transaction limit, the difference between the two lies in the maximum balance. Allo Pay has a maximum balance limit of IDR 2 million, while Allo Pay Plus has a maximum transaction limit of IDR 10 million.
In addition, various financial transactions, including cash withdrawals, gift transfers and other types of transfers, can be completed easily using Allo Pay+.
2. Allo Prime
Another feature provided is Allo Prime. With this feature, you can save at very competitive interest rates. Consider the possibility of getting an annual interest rate of up to 4% on your money.
How much does it cost to run a business? After you have finished downloading the Allo Bank Application and then registering, you will not be charged a monthly administration fee.
This Allo Prime feature is much more sophisticated because it can be accessed via QRIS or without the need for a card. Apart from that, you can easily track transactions and e-statements.
3. Deposit Features
Also, don't forget about the deposit feature while discussing the feature. If you want to have savings without the hassle, the Allo Bank application can be used as an alternative.
With an annual minimum deposit of IDR 10 million, you can make deposits with interest rates as high as 6% without any hassle.
Deposits provided by the Allo Bank Application also include a choice of tenor options. Depending on your needs, you can choose the tenor. Available tenors range from one month to 2 years.
Not only that, you can also open more than one deposit. You can even change this deposit up to 5 times.
4. There is Pay Later and Instant Cash
Do you enjoy shopping? If you prefer shopping, downloading the Allo Bank app can be used as an alternative. The Pay Later feature of the Allo Bank program is one of the reasons why this application is so popular.
No need to worry; Allo Bank services have permission from OJK, so they are safe to use. In addition, the Pay Later feature has a sizeable ceiling.
Consider being able to borrow up to IDR 100 million in payments for 1 to 12 months, with repayment terms ranging from 1 to 12 months. With this advantage, the transaction procedure becomes more enjoyable.
Advantages of the Allo Bank Application
One of the things you need to know before downloading the Allo Bank application is the advantages it offers. Following are the differences in the advantages of the Allo Bank Application, including:
1. Free Transfer Transactions
The Allo Bank application has the advantage of not requiring any transfer transaction. In general, you will be charged a fee of up to IDR 6500 for transferring money to another bank account.
Using the Allo Bank app, on the other hand, won't pay you anything. Transfers to any bank account are free of charge. Of course this is quite profitable, especially if you routinely make transfer transactions.
2. Can Top Up Digital Wallets Easily
The Allo Bank application does not only provide benefits in terms of free transfer transactions. After you have finished downloading the Allo Bank application and then registering, you can top up your digital wallet balance easily.
By using this software, you can directly add funds to various accounts, including for online games, digital wallets, and others.
3. Can Make Bill Payments
Nowadays, making bill payments is a bit of a hassle. In fact, sometimes because of the many bills to pay, we forget to pay one of them.
In order not to forget to pay bills, you can make bill payments from one place. For example by using the Allo Bank application.
By utilizing the Allo Bank Application, you can pay various bills ranging from PDAM bills, energy, e-commerce, internet and several other bills. That way, you don't have to stand in line anymore to get to the minimarket.
4. Can Send Gifts
As previously explained, the Allo Bank application can be used to send gifts in the form of money or greeting cards to loved ones.
Sending gifts at certain times is possible with the ease of their delivery. For example, just before Eid, you can send THR to your family or workers with a sweet greeting card.
5. Cardless Cash Withdrawals
Don't have cash with you when you go to the ATM? If that's the case, don't worry. The Allo Bank application can be used as an alternative. You can withdraw money from an ATM even if you don't have a card with you.
Conclusion
The Allo Bank application is a local bank digital platform that has a variety of financial services. Since the trial version of Allo Bank was introduced in February last year, this app can be considered relatively new.
Thus the article about What is the Allo Bank Application, Customers Need to Know. Hopefully the above article can be useful and helpful for all of you.
