Sagicor Bank •expert-saver

Sagicor Bank •expert-saver

Provided by:Sagicor BankBank
A higher-interest savings account offering 2.0% per annum (decreasing to 1.75% from May 1, 2026) with quarterly interest payments, ideal for savers who can maintain a $2,500 minimum balance.
Higher Interest
Rates verified: N/A

About This Product

The Sagicor Bank •expert-saver requires a minimum opening balance of BBD $2500.00 with no monthly service fee. It offers 2% Interest Rate.

✓ Benefits

  • 2.0% interest per annum — higher than the .savings account
  • Quarterly paid interest on minimum balance
  • Free internationally accepted debit card
  • No monthly fee if minimum balance maintained
  • Online and mobile app access

⚠ Considerations

  • $10/month fee if balance falls below $2,500
  • $2,500 minimum opening balance required
  • 15% withholding tax on interest over BDS $100/year
  • No physical branch locations
  • $35 account closure fee if closed within 12 months

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