Statement Savings Account

Overview

Get easy access to your savings and a variable interest rate with the Statement Savings Account. No monthly fee when you keep a low monthly average balance of $100.

Key features and benefits

• Interest bearing savings account
• Easy access – transfers between your accounts using Personal Internet Banking and Telephone Banking at no additional cost
• Up to five staff-assisted transactions per month at no charge
• Available in BMD, USD, CAD, GBP, EUR and several other major currencies
• Detailed monthly account statement
• Account can be linked to a debit card

What you should know before you apply

• Non-residents must be able to demonstrate their relationship to Bermuda, such as property or employment
• Interest paid quarterly in arrears
• View the Statement Savings Rates