iSave provides an easy and rewarding way to save towards achieving your short to medium-term financial goals, through consistent savings in any one of four currencies. It facilitates a monthly commitment to saving for 12 months, with the option for renewal at the end of the period, while offering above average interest rates. The iSave account is ideal when saving towards purchasing a car, the deposit on a home, funding education, vacation or any other short – medium term goal that you want to achieve.
Features and Benefits
- Minimum monthly deposit (J$1,000, US$50, CDN$50 and £20)
- Ability to choose your monthly deposit
- Above average interest rates on savings
- Flexibility to save in the choice of J$, UK£, US$ and CDN$.
- Consistent savings towards your short – medium term goals
- Savings secured by Jamaica Deposit Insurance Corporation (JDIC). JDIC insurance coverage may have specific limits
- Safe, secure saving in a solid institution
* Product features & benefits may be revised from time to time at the discretion of the Society and may change without prior notice. Rates are subject to change from time to time without notice.
Best Suited for
- Goal Oriented Savers
- Individuals wishing to develop a consistent savings pattern
- Persons planning for their family related goals
- Persons with specific goals to achieve in a set timeframe
- Persons with a set amount of money to save each month
- Savers without the discipline to save outside of a fixed plan