Fidelity Lifestyle Investment Plan (FLIP)

Key Product Features:

• Minimum Monthly Contribution of GH¢ 50
• Automatic Credit Line (up to 80% of one’s FLIP balance)
• Returns Benchmarked to 91-day T-bill with Interest Capitalized Quarterly
• 3-yr vesting period
• Ease of Monitoring Investments… No Mess, Single Account (compare to T-Bill for example)
• Free Insurance cover*
  

Benefits:

• Aids in switch from a pro-expenditure to a pro-wealth creation lifestyle
• Hassle-free borrowing as credit line is automatically activated at the time of opening a FLIP account
• Competitive returns
• Addition of Permanent Total Disability Insurance
  1. Sum assured of GH¢ 5,000 payable in the event of Permanent Total Disability (PTD)
  2. No extra cost to customers
  3. Annual premium payment to be borne by bank
  4. No medical application
  5. Benefit age group: 18 – 65 years

Eligibility Criteria:

• Must be 18 years or older (Trust accounts are allowed for minors)
• Must be an account holder

Requirements:

• Completed Application form

Is the product available to customers locally, countrywide, internationally?

• Countrywide

State towns and cities in Ghana or outside Ghana where the product can be accessed.

• There are no Geographical Boundaries