Sagicor Bank •fixed (2 Years)
A 2-year fixed deposit offering the highest guaranteed return at 2.5% per annum on a minimum $5,000 investment.
Fixed RateHigher Interest
Rates verified: N/A
About This Product
The Sagicor Bank •fixed (2 Years) requires a minimum opening balance of BBD $5000.00 with a monthly service fee of N/A. It offers 2.5% Interest Rate.
✓ Benefits
- Highest guaranteed rate at 2.5% per annum
- Predictable returns over 2 years
- Higher than any standard savings account in Barbados
- Digital-first management via app
- Earns interest: 2.5% Interest Rate
⚠ Considerations
- $5,000 minimum deposit required
- Funds locked for 24 months
- Penalty for premature withdrawal
- Interest paid only at maturity, not periodically
- 15% withholding tax on interest over BDS $100/year