Benefits for IDF Reservists

You take care of us, we take care of you
Bank of Jerusalem salutes your service and provides special benefits

As part of the support we offer to those affected by the war, we are providing certain benefits to reservists who hold a personal account at the Bank.

משכנתא

Mortgages

Full exemption from the application fee (processing a housing loan) when taking out a new mortgage and/or an all-purpose loan with an apartment as collateral.

 

Eligibility

The benefit will be provided from May 1, 2025 to April 30, 2026 to all reservists mobilized under Order 8, subject to presentation of appropriate evidence.



Checking Accounts

  • Exemption from interest on a debt balance that is part of the approved credit line for the checking account that will be created between May 1, 2025 and April 30, 2026 (excluding amounts exceeding this credit line or arrears).
  • Exemption from the fees appearing in the following sections of the Bank’s pricelist for individuals and small businesses, from May 1, 2025 to April 30, 2026:
    Section 1 – Checking Account (All)
    Section 2 – Information, Notifications & Alerts (All)
    Section 3 – Credit (Excluding Bank Guarantee Fee)
    Section 6 – Payment Cards (All, Excluding Fees - #7 Foreign Currency Transactions, #8 Foreign Currency Withdrawals Abroad, #9 Foreign Currency Purchases Abroad)
    Section 9 – Inheritance & Estate Processing Fee, Cash Withdrawal Fees (Remotely & via a Prepaid Card)

Eligibility

The benefit will be automatically granted from May 1, 2025 to April 30, 2026 for all personal (non-business) accounts held by reservists who received payment for reserve service from the National Insurance Institute in their Bank of Jerusalem account between July 1, 2024 and April 4, 2025.

  • All benefits are provided at the Bank’s discretion and are subject to its terms, as well as the terms of the benefits and services.
  • The Bank reserves the right to alter the terms at any time, in accordance with the law.
  • The granting of any loan is at the Bank’s discretion.
  • Failure to repay any loan or credit may result in interest on arrears and repossession proceedings. We all stand together in these difficult times and wish for the return of peace, order, and security to our country.


 We are all united during these difficult times, as we hope for the safe return of all soldiers and hostages, and look forward to the restoration of peace, order, and security throughout our country.

Always at your service,
Bank of Jerusalem


Please note that this website uses Cookies to provide you with a better browsing experience.
For more information see our Privacy Policy