Deposits Interest Rates – Rate Schedule 

Rates are subject to change at any time without prior notice 

Term Deposit Products (Retail)

This schedule of interest rates and fees (schedule) forms part of the Agreements, which include the Personal Financial Services Agreement booklet and the Term Deposit Agreement.

Terms used in this schedule have the same meaning as in the Agreements unless otherwise indicated. We can amend, change, modify, add or remove any of the rates, fees, benefits, features and services that are set out in this schedule. If we do, we will notify you of any changes in accordance with the Agreements.

Note: At maturity, Term Deposits will automatically renew for an additional term, at the then current interest rate(s), unless alternative instructions are provided beforehand. 

Fixed Term Deposits – Minimum Opening Balance Requirement: 3,000 (BBD)

Barbadian Dollars (BBD)1Term
Balance Range31-59 days
60-89 days
90-179 days
180-364 days
1 year
1.5 years
2 years
3 years +
$3,000 - $100,000 and over
0.0000%
0.0000%
0.0000% 
0.0000%
0.0000%
0.0000%
0.0000%
0.0000%

1 Not redeemable prior to maturity. Interest payable at maturity for terms up to 18 months and annually thereafter. 

Fixed Term Deposits (Monthly Income) – Minimum Opening Balance Requirement: $25,000 (BBD)

Barbadian Dollars (BBD)2 Terms
Balance Range
1 Year
2 years
3 years +
$25,000 - $100,000 and over
0.0000%
0.0000%
0.0000%

2Not redeemable prior to maturity. Interest payable at maturity for terms up to 18 months and annually thereafter. 

1 Year cashable TD – minimum opening balance requirement: $5,000 (BBD) Barbadian Dollars (BBD)3

Eastern Caribbean Dollars (XCD) 2
Term Penalty rate if early redeemed
Balance Range
1 year (maturity)
31-364 days  
$5,000 - $100,000 and over 
0.0000%
0.0000%

3 Redeemable only after 31 days. Interest payable at maturity or when redeemed based on the early redemption rate for the period. No partial withdrawal allowed. 

Core Deposit Products (Retail)

This schedule of interest rates and fees (schedule) forms part of the Agreements, whichinclude the Personal Financial Services Agreement booklet and the Deposit Account Agreement. Terms used in this schedule have the same meaning as in the Agreements unless otherwise indicated. We can amend, change, modify add or remove any of the rates, fees, benefits, features and services that are set out in this schedule. If we do, we will notify you of any changes in accordance with the Agreements. 

Savings Accounts

Primary Savings Account (BBD)

Balance Range Rate
$0 - $299 0.0000%
$300 plus 0.0100%

Age Based Accounts

Primary Savings Junior Account

Balance Range Rate
Flat Rate 0.0000%

Total Access Senior Account

Balance Range Rate
Flat Rate 0.0000%

Accounts No Longer Avaialble For New Customers

Signature Savings Account

Balance Range Rate
Flat Rate 0.0000%

4Interest paid on Lowest Monthly Account Balance - Paid Monthly