Capital Advantage Gold
Take advantage of the Capital Advantage – Gold and get your interest up front! That’s right - the Capital Advantage Gold from Capital & Credit Merchant Bank actually pays you interest at the start of the deposit period, and is ideal for anyone who wants the interest on his or her deposits right away. What’s more, you can borrow against your account.
So go ahead, get that Capital Advantage when you open a Capital Advantage Gold Account, and earn competitive interest rates - up front - for those important occasions that can’t wait.
Who Can Benefit
- Individuals/Corporations in Jamaica or abroad with a minimum of J$500,000; US$10,000; CDN$10,000; GBP10,000; €10,000
What It Offers
- Interest payment at the start of the deposit period after the deposit cheque is cleared*
How It Works
- Funds may be lodged for periods of 90 days, 180 days or 366 days.
- The interest rate will be fixed for the agreed period
- You can borrow against 80% of your principal
* Seven (7) days - J$ cheques
* Thirty (30) days - foreign cheques
Click here to make further enquiry about this product
* Rates Updated: September 19, 2011
JAD
| Amount | 90 Days | 180 Days | 366 Days |
|---|---|---|---|
| 500,000 - 999,999 | 3.5% | 4.5% | 4.75% |
| 1,000,000 - 4,999,999 | 4% | 4.75% | 5.25% |
| 5,000,000 and above | 5.25% | 5.5% | 5.75% |
USD
| Amount | 90 Days | 180 Days | 366 Days |
|---|---|---|---|
| 10,000 - 24,999 | 1.55% | 1.7% | 1.8% |
| 25,000 - 49,999 | 1.75% | 2% | 2.3% |
| 50,000 - 99,999 | 2% | 2.2% | 2.5% |
| 100,000 - 249,999 | 2.15% | 2.4% | 2.65% |
| 250,000 and above | 2.3% | 2.65% | 2.9% |
