Jamaica Interest Rates

Jamaica is located in North American geographic region, south of Cuba and east of Mexico. It has a population of 2.8 Million (Est 2010) and its economy ranks 112th in the world. It has a GDP PPP of 24.75 billion and GDP PPP per capita of 9,029 vs 48,387 (United States) according to the IMF in 2011. The Jamaican national currency is the Jamaican Dollar (JMD). Within Jamaica banks provide savings products such as savings accounts as well as fixed interest deposit product called a 'Certificate of Deposit' or 'Fixed Deposit'. According to the CIA.gov website its inflation was estimated to 7.7% in 2011 and 12.6% in 2010.

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Jamaica Banks

Showing rates for 6 Bank deposit providers in Jamaica.
Provider Branch Founded Ownership
National Commercial Bank Jamaica National Commercial Bank Jamaica 36 1977 Local
Scotiabank Jamaica Scotiabank Jamaica 35 1889 Foreign
FirstCaribbean International Bank Jamaica FirstCaribbean International Bank Jamaica 13 1920 Local
RBC Royal Bank Jamaica RBC Royal Bank Jamaica 13 Foreign
First Global Bank First Global Bank 7 1970 N/A
Citibank Jamaica Citibank Jamaica 2 1960 Foreign

Jamaica Discussion Activity

  • RBC Royal Bank Jamaica
    Q: HI I LIKE TO KNOW WHERE DO I GO TO GAIN ACESS TO MY RBTT ACCOUNT WHICH I WASNT ABLE TO USE FOR SOME CONSIDERABLE AMOUNT OF YEARS AS AM LIVING INTO ANOTHER COUNTRY. .I JUST HAPPEN TO LEARNT( RBTT ) HAS BEEN CHANGE TO ( RBC ) ANY INFO WILL BE GREATLY APPRECIATED. THANK YOU

    Reply WINSTON from Worthing, United Kingdom
  • National Commercial Bank Jamaica - Deposits - NCB 1 Year Fixed Deposit
    Q: I would like some information about the max account.

    Reply BLOSSSETT from Niagara Falls, Canada
  • National Commercial Bank Jamaica - Deposits - NCB 6 Month Fixed Deposit
    Q: Can I change my account to a fixed account?

    Reply Mychael from Portmore, Jamaica
  • National Commercial Bank Jamaica - Deposits - NCB 6 Month Fixed Deposit
    Q: Can I open a fixed account online?

    Reply Kirk from Montego Bay, Jamaica
  • National Commercial Bank Jamaica - Deposits - NCB 1 Year Fixed Deposit
    Q: what is the disposition of any account where the owner has not accessed it for a number of years, does it keep renewing? Say it's a fixed deposit account? Is there a time limit where it might go to the government?

    Reply Navadean from Boynton Beach, United States
  • FirstCaribbean International Bank Jamaica
    Q: What are the requirements to open a savings accounts?

    Reply Atia Peart from Mandeville, Jamaica
    • R: What do I need to open an account with CBIC

      Reply JANETT
  • National Commercial Bank Jamaica
    Q: I need some information on dormant accounts how do i get reactivated and how much do i have to pay and how long does a account takes to be dormant

    Reply Marjorie from Kingston, Jamaica
    • R: Just would like some informatio on how to get my account going again which has been dormant since 2007

      Reply David
  • Citibank Jamaica
    Q: Hello,if I have a bank account with citi bank in America can I withdraw money from it if ,I should travel to Jamaica and what would the fees be if any..

    Reply Keisha from Chicago, United States
  • Loans
    Q: Hi , I'm looking to buying a home very soon , I'm a member if ncb bank , and I'd like to know if there's a certain amount of money that I'd need to have to down payment on a home through the ncb bank .

    Reply Andrea genius from Nassau, Bahamas
  • Savings
    Q: If I deposited $50,000 USD. How much will I earn in USD monthly. And will I be able to withdraw in us wheever I need to?

    Reply Michael Somers from Columbus, United States
Featured US Savings and Deposit Accounts
Synchrony Bank
Savings Account
1.65 % APY
Start Saving
Barclays
Savings Account
1.65 % APY
Start Saving
Synchrony Bank
CD 60 Months
2.85 % APY
Start Saving