Today's Rates

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Fixed Deposit Rates

Bermuda Commercial Bank fixed deposits can help investors increase their earnings potential on their savings, and provide security that protects the interest earned from market fluctuations.  Depending upon your liquidity needs, we offer both short and long term fixed term deposits.  Our short term fixed deposit options range from one month to 1 year terms; with our longer term options ranging from 2 to 5 years.  Longer term deposits allow for the investor to receive their interest amounts as quarterly, semi-annual, or annual payments, without altering the deposit’s earnings potential.  The minimum deposit requirement is BMD/USD $25,000 or equivalent in our other offered currencies.

Break penalties will apply for deposits repaid prior to contracted maturity dates.

For more information contact us at +1 (441) 295-5678 or visit us to speak with a client representative. 

Below are today's Indicative Fixed Deposit Rates:

Term BMD/USD CAD GBP EUR NZD AUD
1 Month 2.00% 0.96% 0.00% 0.00% 1.49% 1.45%
2 Months 2.15% 1.40% 0.40% 0.00% 1.82% 1.75%
3 Months 2.30% 1.74% 0.45% 0.00% 1.82% 1.75%
6 Months 2.40% 2.02% 0.90% 0.00% 1.95% 1.93%
12 Months 2.60% 2.44% 1.18% 0.00% 2.28% 2.27%
18 Months 2.65% 2.55% 1.33% 0.00% 0.00% 0.00%
24 Months 2.70% 2.65% 1.46% 0.00% 2.34% 2.33%
36 Months 3.00% 2.73% 1.59% 0.00% 2.47% 2.45%
48 Months 3.50% 2.77% 1.68% 0.00% 2.60% 2.56%
60 Months 4.00% 2.80% 1.76% 0.00% 2.74% 2.67%

 

A Notice Call Deposit allows an investor more liquidity flexibility while earning a stable return on their investment in USD or BMD.  Investors provide 32 day notice for use of funds, while accruing interest daily that is paid monthly.

Indication Notice Account Rates:

DAY COUNT RATE
32 DAYS 2.20%

* Bank's fixed deposit rates are subject to change, please contact us for updates.

Copyright @ Bermuda Commercial Bank Limited, 2018
All rights Reserved

Copyright @ Bermuda Commercial Bank Limited, 2018
All rights Reserved