Banco Estado’s Ruth Account has become one of the most used financial services amid the health crisis caused by Covid-19. The card became a concrete solution for Chileans and foreigners, as it does not require a minimum income and only the identity card is required. It also lets you receive contributions such as the Universal IFE, Permanent Family Contribution, Labor IFE, and withdraw up to 10%.
The Banco Estado card is a paid account that It has no maintenance or opening costs and can also be applied for by minors. But this must be done with the approval of a legal representative who is over 18 years of age.
However, with the advent of the pandemic, greater guarantees have been taken to prevent coronavirus infections. That is why, extended the renewal campaign. Process in which it is indicated that the new Ruth account will carry a security ship to prevent all types of clones.
How much money can be in the Ruth account?
The Ruth account can be used both in Chile and abroad and leaves all sorts of transactions such as deposits, transfers, withdrawals and buy yourself online.
According to the official website of Banco Estado, the maximum amount allowed is $ 3,000,000. While the limit amount to withdraw at ATMs is $ 200,000.
Which transactions have fees in the Ruth account?
The Ruth account has certain charges for certain transactions. This is the list:
- Cash order at ATMs and CajaVecina.
- Cash flow.
- Electronic transfers to other banks.
- Balance requests at ATMs of other banks and at CajaVecina.
- Card replacement.
There are no additional costs for the rest of the executed transactions.