Mitsubishi UFJ Financial Group (MUFG) announced on the 26th that it will launch a membership service for wealthy individuals under its comprehensive personal financial service 'Mutto' in March 2027. The service will offer members a credit card with higher point reward rates based on the balance of assets held at MUFG Bank, consultations with experts in asset management, inheritance, and taxation, as well as preferential interest rates on deposits and loans. As competition for deposits intensifies in a world with interest rates, the aim is to maintain and expand assets under management.
Mitsubishi UFJ Financial Group, Inc.MUFG launches a wealth management membership service to attract and retain wealthy clients, boosting demand for its services.
