Rate Booster Term Deposit

Right for you if you want:
  • A guaranteed interest rate that increases over time

  • Flexibility to respond to rising interest rates

  • Access to your savings at designated times if you need it

  • Offers a guaranteed rate that increases the longer you save and gives you the flexibility to cash out at designated times without penalty, whether for personal use or to redeposit if rates increase.

    Available Terms:
    18 month (6 and 12 month sub-terms)
    36 months (12 and 24 month sub-terms)

    Minimum Balance Required: $250,000 JMD

    Early Redemption Allowed: at each sub-term

    Interest Payment Frequency: paid or reinvested at each sub-term

    Ready to Apply?

    In Person 

    Contact us for more information.

    Find a local branch
    In Phone

    Takes about 8 minutes

    Mon-Fri (8am-6pm)

    1-888-4-SCOTIA (6842)