AffinityPlus Term Deposit
Ultra-premium fixed deposits with competitive rates for 1-5 year terms, offering guaranteed returns for committed savers.
Fixed DepositUltra-Premium
Last updated: N/A
Rates verified: N/A
About This Product
Ultra-Premium Fixed Deposits
AffinityPlus Term Deposits offer ultra-premium rates for members willing to commit their funds for fixed periods. Starting from as little as BBD $500.00 and available for terms up to 5 years, these deposits provide competitive interest rates with daily compounding, maximizing your returns.
Key Features
- Minimum Deposit: BBD $500.00 to start
- Term Options: 1, 2, 3, and 5-year terms available
- Interest: Daily compounding for maximum returns
- Monthly Fees: No fee
- Rate Guarantee: Rates guaranteed for entire term period
Behavioral Design
This account uses behavioral finance principles to encourage long-term saving:
- Fixed terms encourage commitment to long-term goals
- Daily compounding maximizes returns over time
- Higher rates reward longer commitments
- Perfect for surplus funds with no short-term needs
- Your money is safe and you have total control
Perfect for: Members with surplus funds who want guaranteed returns and can commit to fixed terms.
Term Rates
| Balance Range (BBD) | 1 Year | 2 Years | 3 Years | 5 Years |
|---|---|---|---|---|
| $500 - $150,000 | 2.25% | 2.35% | 2.45% | 2.55% |
| $150,001 - $300,000 | 2.35% | 2.45% | 2.55% | 2.65% |
| Over $300,001 | 2.45% | 2.55% | 2.65% | 2.75% |
✓ Benefits
- Highest interest rates available (up to 2.75%)
- Multiple term options (1-5 years) for flexibility
- Tiered rates reward larger deposits
- Guaranteed returns for entire term period
- No monthly fees or maintenance charges
⚠ Considerations
- Funds locked for fixed period
- Early withdrawal penalties likely
- Higher minimum deposit requirements
- No access to funds until maturity
Similar Products You Might Like
No Similar Products Found
Check out all banking accounts to find alternatives
View All Deposit Accounts