Republic Bank Premium Savers Account

• Product targets individuals who are serious investors


• To provide high ROI to customers

Eligibility Requirements

• Applicant must be 18 years and above


• Applicant must meet KYC requirements

Key Product Features – Premium Savers

• Initial deposit of GH¢1,000


• Minimum balance to earn interest is GH¢15,000


• Below GH¢15,000 account reverts to a normal current account with no interest nor charge.


• Minimum account operating balance shall not be less than GH¢1,000.00


• Up to 80% of account balance can be granted as loans to account holders


• Customers have access to hassle free loans at preferential interest rates


• Customers with existing loans will be considered for top ups within acceptable Debt service ratio 


• No processing and facility fee for loan applications


• Tiered Deposit interest rate minimum of 5%, maximum 14% to be applied on average monthly balance & applied quarterly

Products Benefits – Premium Savers

• Hassle free savings


• Interest bearing Current Account


• Free quarterly statement


• Discount on Republic Bank mortgage service fees


• Access to credit facilities based on account performance


• Easy access to funds


• Free FastNet services


• Priority to any Republic Bank corporate event for customers


• Free initial cheque book


• Personalized Premiere Cheque Books

TIERED INTEREST RATES- PREMIUM SAVERS

• Tiered Interest Rate, minimum of 5% p.a. and maximum of 14% p.a.