Fixed Term Deposit Interest Rates

See the latest rates and fees for all our products.

Fixed Term Deposits - Effective Annual Interest Rates

Effective February 1, 2023

JMD Fixed Term Deposits

Terms100.000 - 249,999250,000 -499,999500,000 -999,9991,000,000 - 4,999,9995,000, 000 and over
60 days1.1303%1.1808%1.2565%1.3071%1.4335%
90 days1.1550%1.2050%1.2811%1.3316%1.4579%
180 days1.2036%1.3294%1.4553%1.5812%1.7072%
1 year1.2750%1.4000%1.5250%1.6500%1.7750%
18 months1.3206%1.4448%1.5689%1.6929%1.8168%
2 years1.3657%1.4889%1.6120%1.7349%1.8577%

JMD Fixed Term (Monthly Income) Deposits

Term500,000 - 999,9991,000,000 - 4,999,9995,000,000 and over
1 year1.450%1.575%1.700%

JMD 1 Year Cashable Term Deposits

 250,000 - 499,999
500,000 - 999,999
1,000,000 - 4,999,999
5,000,000 plus
Cashable TD - Issue Rate
1.2500%1.3750%1.5000%1.5000%

Early Redeemtion Penalty
31-364 days

0.6250%0.6875%0.7500%0.7500%

USD Fixed Term Deposits

Term
1,000 - 49,999
50,000 - 99,999
100,000 - 249,999
250,000 - 499,999
500,000 - 999,999
1,000,000 plus
60 days
0.0500%0.0625%0.0750%0.0875%0.1000%0.1000%
90 days
0.0625%0.0750%0.0875%0.1000%0.1125%0.1125%
180 days
0.0750%0.0875%0.1000%0.1125%0.1250%0.1250%
1 year
0.0875%0.1000%0.1250%0.1500%0.1750%0.1750%
18 months
0.1000%0.1250%0.1499%0.1749%0.1999%0.1999%
2 years
0.1374%0.1499%0.1624%0.1748%0.1998%0.1998%

USD Fixed Term (Monthly Income) Deposits

Term
5,000 - 49,999
50,000 - 99,999
100,000 - 249,999
250,000 - 499,999
500,000 - 999,9991,000,000 plus
1 year
0.0375%0.0500%0.0625%0.0875%0.1125%0.1375%

USD 1 Year Cashable Term Deposit

1 Year
2,500 - 49,999
50,000 - 99,999
100,000 - 249,999
250,000 - 499,999
500,000 - 999,999
1,000,000 plus
Cashable TD - Issue Rates
0.0250%0.0375%0.0500%0.0750%0.1000%0.1250%
Early Redemption Penalty
 (31-364 days)
0.0125%0.0188%0.0250%0.0375%0.0500%0.0625%

CAD Fixed Term Deposits

Terms
1,000 - 9,999
10,000 - 49,999
50,000 - 99,999
100,000 plus
180 days0.0500%0.0750%0.1000%0.1250%
1 year0.0750%0.1000%0.1250%0.1500%

CAD 1 Year Cashable Term Deposit

1 Year2,500 - 9,99910,000 - 49,99950,000 - 99,999100,000 and over
Cashable TD - Issue Rate0.0500%0.0750%0.1000%0.1250%
Early Redemption Penalty (31-364 days)0.0250%0.0375%0.0500%0.0625%

GBP Fixed Term Deposits

Term1,000 - 9,99910,000 - 49,99950,000 - 99,999100,000 - 249,999250,000 and over
180 days0.0250%0.0250%0.0500%0.0750%0.1000%
1 year0.0250%0.0500%0.0750%0.1000%0.1250%

GBP 1 Year Cashable Term Deposit

1 Year2,500 - 9,99910,000 - 49,99950,000 - 99,999100,000 -249,999250,000 and over
Cashable TD - Issue Rate0.0250%0.0250%0.0250%0.0500%0.0750%
Early Redemption Penalty (31-364 days)0.0125%0.0125%0.0125%0.0250%0.0375%