BECU Fixed Deposit

Secure savings with steady growth

Make your money work for you, with one of our fixed deposit accounts. These accounts are stable and secure and carry a guaranteed fixed rate. 

 

All you need is a minimum deposit of $1,000.
 
You can invest for a one year, two year, or three year term.
 
You can also use your deposit as a guarantee for a loan.

 

Our current rates

Deposit	1 Year	2 Years	3 Years
$1,000-$9,999	4.50%	5.50%	6.00%
$10,000-$49,999	5.75%	6.75%	7.25%
$50,000-$99,999	7.25%	7.50%	8.00%
$100,000 & over	Neg.	Neg.	Neg.

Terms and Conditions
A break rate of 2% will be applied to all fixed deposits that are closed or broken before the maturity date.

PI$A

Watch your money grow and have access to it at anytime

PI$A (Premium Interest Savings Account) is the highest interest, easy access deposit account available in T&T.

This account offers a 5% annual interest rate that is calculated daily and paid quarterly.

 

Terms and Conditions
A minimum balance of $500 must be maintained to qualify for this rate.

WealthBuilder

A loan that starts your savings and investment portfolio and still gives you cash in hand.

You can build a strong and diversified investment portfolio today with BECU's WealthBuilder.

WealthBuilder is a low-interest loan of up to $25,000, of which 75% is allocated for investment and the other 25% is given to you as cash.

How WealthBuilder works

Loan	Invest (75%)	Cash (25%)	Period	Install.
$10,000	$7,500	$2,500	30mth	$512
$15,000	$11,250	$3,750	30mths	$713
$20,000	$15,000	$5,000	36mths	$805
$25,000	$18,750	$6,250	36mths	$980

* Installment includes $100 share contribution.

 

The Investment

Seventy-five percent of the loan must be invested in one or more of the following:

• BECU Share Savings
• BECU PI$A
• BECU Fixed Deposit
• Any mutual fund offered by UTC, RBTT, RBL, FCB or Scotia Bank.

 

Interest

1.25% monthly on the reducing balance.