Term Deposit & Savings
Product Description | Type | Indicator Rates | 2021 Incremental Reduction | |
TERM DEPOSIT AND SAVINGS PRODUCTS | ||||
TERM DEPOSITS BETWEEN $1,000 - $50,000 |
||||
1 - 2 months | 1.25% | |||
3 - 5 months | 1.50% | |||
6 - 11 months | 2.00% | |||
12 months | 2.50% | |||
> 12 months | Rate on application | |||
SAVINGS ACCOUNTS |
||||
Passbook Savings | 1.50% | |||
Kids Savings | 4% (1% base interest rate plus 3% bonus) | |||
Plus Saver | 2.50% (1% base interest rate plus 1.50% bonus) | -1.25% | ||
Pacific Package Account | 1.00% | -0.50% | ||
Premium Electronic Account | 1.00% | -0.50% | ||
BUSINESS TRANSACTION ACCOUNT | ||||
Cash Management Account |
Tier 1 | 1.00% | -1.00% | |
Tier 2 | 1.50% | -1.00% | ||
Tier 3 | 2.00% | -1.00% |
Note: Bonus interest is earned if no withdrawals have been made and a deposit of any amount has been made before the last day of the month.
Rates are current from 1st December 2021 and maybe subject to change.
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Events & Key Dates
BSP Samoa supports young women in ICT
BSP School Rugby Championship ends on high note
BSP Supports National 15s and 7s School Rugby Championship as Naming Rights Sponsors
Bikes for Safune and Fogapoa children
Latest ATM in Samoa is about convenience
BSP and MoneyGram promotion concludes
Bank South Pacific Samoa awards over 60 Scholarships
BSP donates to Samatau Pre-School
BSP Samoa relocates Salelologa branch
BSP delivers strong financial results in 2021, with net profit after tax of K1.075 billion