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
Two hundred volunteers unite to ‘Go Green’ Apia
Newly Appointed BSP Financial Group Limited Chief Executive Officer Visits Samoa
BSP maintains its growth momentum, with revenue growing by 6.7% to K2.05 billion for the nine months to September 2023
BSP Samoa Backs 2023 Impromptu Speech Competition
BSP backs Samoa Netball Cup tournament
BSP Donates ST$5,000 to Support Miss Samoa Pageant
BSP backs Mataniufeagaimaleata Rugby Sevens Tournament
BSP Chips in $10,000 to Support Samoa Touch Rugby Tournament
BSP Commemorates 8 Years of Service in Samoa
BSP Samoa Delivers Fully Equipped E-Learning Computers to Solosolo Primary School