Live in the now,
save for the future.

Savings accounts for the road ahead

How can we help you make money?

We love serving our clients. One of our favorite ways is through helping them to reach their goals, by growing their savings. But, not everyone’s needs are the same. Some of you may be looking to start your own business, while others want to pay off the mortgage on their first home. That’s why we have a range of solutions, so we can help everyone earn interest in the way that’s right for them.

If you like freedom, we have savings solutions that allow you to withdraw money whenever you need to. On the other hand, if you don’t mind putting your money away for a rainy day, to earn more interest, we have a CD that’s right for you. Why wait? Let us help you find the right deposit account for you.

 

JMMB Advantage

Why wait for interest?

Sometimes, it’s nice to eat dessert before dinner. Play before work. Get your reward first. Wouldn’t it be nice if you didn’t have to wait until the end of the deposit period to get your interest payment? With our JMMB Advantage solution, you get your interest payment at the start of the deposit period after the clearing period of deposit cheque, rather than at the end. We even let you borrow against your account.  

The qualifications

  • Individuals or companies
  • Living/based in Jamaica or abroad
  • Starting with a minimum deposit of J$500,000, US$10,000, CA$10,000, £10,000 or €10,000

The benefits

  • No waiting: Enjoy your interest up front
  • Time value of money: Use your interest now rather than later
  • Competitive rates: Grow your money fast, with competitive interest rates
  • Convenience:  Earn an early reward (interest payment is at the start of the deposit period)

The details

  • Deposit period is up to 365 days
  • The interest rate will be fixed for the agreed period
  • You can borrow up to 80% of your principal
  • Clearing period: J$ cheques: 7 days; foreign cheques: 30 days

Apply now

Learn more

See the rate sheet

 

**JMMB Advantage is offered by JMMB Bank (Jamaica) Limited

"My JMMB representative helped me figure out which account was perfect for me." - Tracy

JMMB EzAccess Account

Get what you need—without the fees

There’s something wonderful about getting paid for a job well done. It’s your reward for your hard work, dedication, and time. We know that you don’t like throwing that hard earned money away. We don’t, either.

So, if you bank with us, you don’t have to worry about nuisance fees for everything from account dormancy fees to monthly maintenance charges. We want to see your money grow. Our interest-bearing EzAccess account gives you 24-hour access to your money. That way, you know your hard earned money stays yours. 

 

 

 

The qualifications

  • For personal use
  • Starting with a minimum deposit of J$1,000

The benefits

  • Easy access: Enjoy free deposits, withdrawals, and cheque encashments, in branch. Have island-wide cash access with our Multilink ABM card
  • No nuisance fees: Say goodbye to monthly maintenance fees, minimum monthly balance requirements and account dormancy fees
  • Convenient use: Enjoy free inter-bank bank transfers (within Jamaica), free bill payment, and free point-of-sale transactions

The details

  • Pay-as-you-go-cheque feature 
  • Interest is calculated daily and paid monthly
  • Online banking available

See the rate sheet

 

**JMMB EzAccess Account is offered by JMMB Bank (Jamaica) Limited

JMMB Bonus Saver 

Give yourself a little extra cushion

It doesn’t always rain. But when it does, you want to be ready. And that means more than just having a piggy bank (although we do love piggy banks).

You deserve a savings account that generates interest with little or no fees. That’s why we’ve created the JMMB Bonus Saver. 

You can enjoy bonus interest on your money every six (6) months by simply making regular deposits to your account.

 

The qualifications

  • For personal use
  • Starting with a minimum deposit of
  • J$1,000
  • US$100
  • CA$100
  • £ 100
  • € 100

The benefits

  • Convenient access: Enjoy free deposits, withdrawals, and cheque encashment in branch (up to J$1 million). Enjoy free bill payment. Get island-wide cash access with our JMMB Bank debit card, at any Multilink ATM machine
  • No maintenance fees: Bid farewell to monthly maintenance fees, minimum monthly balance requirements, and account dormancy fees
  • Interest-bearing savings: Get rewarded with continual interest payments. Bonus interest is paid twice a year
  • One free manager’s cheque per month

The details

  • Interest is calculated daily and paid quarterly*
  • Account is available in J$, US$, CA$, £ or 
     

See the rate sheet

 

**JMMB Bonus Saver Account is offered by JMMB Bank (Jamaica) Limited

Certificates of Deposit (CD)

Be smart. Be secure. Save in a CD

You’ve worked hard for your money, so you want to do it wisely. You want to see your money grow, but you also want to play it safe. If you want the best of both worlds, deposit funds in a secure, interest-bearing account (with attractive returns) with a Certificate of Deposit (CD). This account allows you to save over the medium or long-term and you’re guaranteed a return on your funds. 

The qualifications

  • Individuals or companies
  • Living/based in Jamaica or abroad
  • Start with a minimum deposit of
  • J$2,000
  • US$1,000
  • CA$1,000
  • £ 1,000

The benefits

  • Competitive Returns: Earn higher interest rates than on ordinary savings accounts
  • Security: Breathe easy, your funds are insured by the Jamaica Deposit Insurance Corporation*

The details

  • Your funds are placed for a fixed time period, at a fixed interest rate
  • Interest and principal are paid at maturity

**All bank deposits are insured up to J$600,000 by the Jamaica Deposit Insurance Corporation (JDIC) scheme

See the rate sheet

 

 

**CDs are offered by JMMB Bank (Jamaica) Limited

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