Sagicor Bank •silver

Sagicor Bank •silver

Provided by:Sagicor BankBank
A no-fee savings account exclusively for seniors aged 60+, offering 1.75% interest with no withholding tax — a significant benefit for retirees.

Rate Change Notice

Upcoming Change
Interest Rate
Current Rate
1.75%
New Rate
1.25%
Effective:1 Sept 2026
34 days
No Monthly FeeSeniors 60+
Rates verified: N/A

About This Product

The Sagicor Bank •silver requires a minimum opening balance of BBD $0.00 with no monthly service fee. It offers 1.75% Interest Rate.

✓ Benefits

  • Quarterly paid interest
  • No withholding tax on interest, raising the effective return
  • No monthly fees
  • No minimum balance to open
  • Free internationally accepted debit card

⚠ Considerations

  • Must be aged 60 or over to qualify
  • Branch access is geared to business customers, not personal banking
  • Account must be funded within 30 days of opening
  • Access limited to mobile app

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