Saving for a long-term project or even for a rainy day is always a challenge. With our Prosper Savings Account, you give your savings a real chance to grow. With great interest rates, your savings will grow faster while you enjoy the many other benefits of this account.
Benefits:
⬗ Access to personal overdraft or loan of up to 75% of your savings account balance
⬗ Competitive tiered interest rates
⬗ Access to investment opportunities for long-term saving needs
⬗ Access to a wide range of life and personal insurance packages
⬗ Credit facilities available subject to qualifications
⬗ No account maintenance fee is charged if average monthly balance stays above $5,000
(maintenance fee of $35 is charged if balance falls below $5,000)
Features:
⬗ Free internal fund transfers from any of your account(s)
⬗ Account opening balance of $5,000
⬗ Minimum interest earning balance is $8,850
Requirements:
1 passport size colour photograph
Valid identification - Any of the following: passport, driving license, voter’s card or reputable &
well-known employer’s ID
Proof of residence - Utility bill of not more than three months old (electricity, telephone, water, satellite,
TV bills etc.)
Referee (any of the following)
⬗ Account holder with us for at least the last six months.
⬗ Reference letter from employer.
⬗ Letter from a practicing advocate.
⬗ For non-residents, a letter from embassy or parent firm.
⬗ If prospective customer has a banking history, provide a six month bank statement from prior bank
subject to verification and confirmation.
Prosper Savings Account
First Rapid Bank