Savings Plus Account
Sika a enya mfaso – Your money grows with free life insurance
More Than Just Savings
The Savings Plus Account is our premium savings product, designed for clients who want their money to work harder. With higher interest rates, free life insurance, and quarterly bonuses, it's the smart way to save.
Whether you're saving for your children's education, your retirement, or a future business investment, Savings Plus helps you reach your goals faster.
Why Choose Savings Plus?
Higher Interest
Earn 8-9% per annum – significantly higher than regular bank savings accounts.
Free Life Insurance
Every saver gets GH¢5,000 life insurance cover at no extra cost.
Quarterly Bonuses
Loyal savers receive bonus interest every 3 months.
No Lock-in Period
Withdraw your money anytime. No penalties, no waiting.
Compound Interest
Interest is calculated on your daily balance and paid quarterly.
Mobile Access
Check your balance and transactions via SMS or mobile app.
Life Insurance Included
Every Savings Plus account comes with free life insurance cover. No medical exams, no paperwork, no extra cost.
- Accidental death: GH¢5,000 paid to your family
- Natural death: GH¢2,000 paid to your family
- Hospital cash: GH¢50 per day (up to 30 days)
- 24-hour claim processing: Family paid within 48 hours
Interest Rates by Balance
| Balance Range | Base Interest | Quarterly Bonus | Total p.a. |
|---|---|---|---|
| GH¢50 - GH¢1,000 | 7% | +1% | 8% |
| GH¢1,001 - GH¢5,000 | 7.5% | +1% | 8.5% |
| GH¢5,001 - GH¢10,000 | 8% | +1% | 9% |
| Above GH¢10,000 | 8.5% | +1% | 9.5% |
Interest calculated on daily balance, compounded and paid quarterly. Bonus applies to accounts with no withdrawals in the quarter.
Quarterly Bonus Benefits
Loyalty Bonus
For accounts with no withdrawals
Regular Saver
For monthly deposits above GH¢100
Long-term Bonus
After 1 year with the account
Easy to Open
Valid ID
Ghana Card, Voter's ID, or Passport
Passport Photo
One recent photograph
Initial Deposit
Minimum GH¢50 to open
Phone Number
Active mobile number
Frequently Asked Questions
Start Saving Smarter Today
Open your Savings Plus account in minutes. Visit any branch or contact us.