Finance

Banco CTT: find out how the institution works and the main services available

Banco CTT has existed since 2015 and was created to offer various financial solutions to customers in Portugal. In this complete review, find out about all the services offered, advantages and disadvantages of the institution!

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Read this review of Banco CTT and get to know the bank born in 2015!

Logomarca Banco CTT
Find out everything about CTT bank here. Source: Banco CTT.

Banco CTT was created in 2015 and offers a series of interesting services to customers in Portugal. Through it, you can request lines of credit, invest money, take out insurance and much more.

For example, you can get housing or personal credit, health, car or home insurance and other facilities! So, continue reading our full review about the bank and find out how to become a customer!

logo banco ctt em azul com fundo branco

How to become a Banco CTT customer?

Learn how to become a Banco CTT customer without complications or wasting time. This way, access a series of financial products and services!

In fact, this bank belongs to CTT Correios de Portugal. Like other private banks, in addition to all the benefits we have already mentioned, it has solutions for accounts and businesses.

In addition, it has several digital services, in addition to offering in-person service if you prefer. Therefore, below you can see in more detail all the products offered by the bank.

Banco CTT products

See the main products offered by the bank:

  • Accounts (Base, Junior, Minimum Banking Services and Account Transfer);
  • Personal credit and housing credit simulators;
  • Credit card;
  • Debit card;
  • Direct debits and transfers;
  • Savings and other investments;
  • Credit (Housing, Personal and Auto);
  • Insurance (Car, Home, Family and Health).

Benefits

Now, given so many financial solutions offered by Banco CTT, it is to be expected that it offers many advantages, right? So, let's discover them below.

  • Diversified services for different audiences;
  • Credit card with no annual fee, with international Mastercard brand and access to cashback;
  • Account with no annual fee for anyone under 25 years old or with an active CTT debit card;
  • Online credit simulation;
  • Online service;
  • Application to track transactions, etc.

Disadvantages

However, you should also know that one of the services offered by the institution, the CTT card, has already been the leader in customer complaints. However, since 2018 the bank has been improving its image before the public.

Currently, he reports that 82% of his customers are very satisfied. Very good, right? This means that maybe the bank will be right for you!

And, regarding this, know that CTT bank offers most of its services – such as cards and insurance – only to those who are customers and have an account.

Therefore, anyone who already has an account at another bank needs to open a new account or transfer the original to CTT, which can require a little extra work.

How to become a CTT customer?

Caixa com moedas e notas de dinheiro sobre a mesa
Find out how to become a CTT customer. Source: Pexels.

As we said, to become a customer you must open an account with the institution, which can be done at any CTT service desk. It is also possible to open the account online, on the institution's website.

You then have access to other products, being able to take out credit cards, insurance and much more! So, if you are interested and want more details on how to do it, see the step-by-step instructions in the text below!

logo banco ctt em azul com fundo branco

How to become a Banco CTT customer?

Learn how to become a Banco CTT customer without complications or wasting time. This way, access a series of financial products and services!

About the author  /  Aline Augusto

My name is Aline Mesquita, I'm a writer here on the blog, where I write about finance in general, as well as other topics. I have been working with content creation for 10 years, with a postgraduate degree in Project Management, with expertise in SEO practices, in addition to studying finance, market trends and cryptocurrencies.

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