Premium Savings

This is a high interest-bearing account that is opened for a specific period of time at a fixed rate of interest.

Features

  • Competitive annual tiered interest rate of 10%- 13%  in interest depending on the period:
  • 6 months - 10% interest
  • 9 months – 11% interest
  • 12 months – 13% interest
  • Interest calculated and paid on matured deposit.
  • Confirmation of deposit receipts given on placement and on maturity of deposit.

Benefits

  • A good individual investment avenue for a specific period. 
  • Various term periods to suit members’ needs.
  • Daily balances and mini statements available on request.
  • Accrues interest that forms part of the savings balance.
  • Earns Saver's bonus

Requirements

  • Mandatory written instructions to have funds fixed
  • Limited to members only