We appreciate the value of your savings!
Premium Savings Account has been designed keeping your daily transactions in mind. It removes the hassle of having multiple accounts for savings.
Watch your savings grow faster with our high competitive interest rate. Your electronic banking is set up as your account is opened so there is no wait time.
Features and Benefits
- A genuine high interest savings account (1.75% p.a), calculated daily and paid monthly.
- No requirements for a minimum operating balance or a minimum balance for interest qualification.
- ATM card is issued immediately.
- Internet banking is set up immediately.
- There is no hassle of keeping multiple accounts.
- Your savings are safe and secure with us.
- No need to change banks completely - you can simply transfer your savings balance to our Premium Savings Account to enjoy all the benefits without any hassles. We will be pleased to discuss your total banking requirements at your convenience.
How can you get a Premium Savings Account?
Our account opening process is simple and fast. Simply visit your nearest BRED Bank branch and fill out an application form (click on application form to access). Other requirements are listed below:
- Original Birth Certificate
- TIN Letter or FRCA/FNPF Joint ID card
- Recent payslip/Letter of employment
- Utility Bill for residential address verification
- $10.00 minimum opening deposit
With any one of these:
- Voter registration card or
- LTA Driver’s license or
Fees and Charges
|Minimum Opening Amount||$10.00|
|Minimum Operating Balance||Nil|
|Account Maintenance Fee||$2.00 per month|
|Over the counter withdrawal||$3.00 per transaction|
|Deposit Book Fee||Nil|
|Account Overdrawn Fee||Nil|
|ATM Mini Statement
|ATM Balance Enquiry