Savings Account
Product Overview
The GTMB Savings Account is a flexible, interest-bearing account designed for individuals and businesses who want to save securely, earn competitive returns, and retain easy access to their money. It serves as a primary gateway into the GTMB ecosystem of financial product and services (mortgages, investments, overdrafts).
Features
- Minimum Opening Balance: ₦0
- Interest Rate: 13% per annum)
• Withdrawals: 4 free withdrawals/month
• Channels: Mobile App, Internet Banking, USSD, ATM, POS
• Auto-sweep to Fixed Deposit/VaultPlus Note™.
BENEFIT
- Savings record strengthens mortgage eligibility
• Auto-sweep to FD/investments
• Gamified savings goals on app (vaults for targets)
Pricing
| Balance Tier | Interest Rate (p.a.) | Notes |
|---|---|---|
| ₦0 – ₦999999 | 10% | Entry-level savers |
| ₦1000000 – ₦4999999 | 11% | Mid-tier savers |
| ₦5000000 – ₦19999999 | 12% | Affluent segment |
| ₦20000000+ | 13% | Premium savers + diaspora inflows |
- Interest is calculated daily and credited monthly.
- Interest credited monthly
- No maintenance fee