Personal > Savings and investments > ContractSave
Pure SaveFixed depositBonus investmentContractSaveHow to apply
 
This is another investment product that affords you the opportunity to develop a good savings culture. You only set a monthly standing order on your account and lock it into a savings account for a period. You will then get competitive interest rates and also with a bonus interest if the investment term is completed.

Features
  • Initial deposit of GH¢ 250 required to start the investment
  • Minimum monthly standing order of GH¢ 100 (additional deposits can be made at anytime)
  • Minimum investment period is 12 months.
  • No maximum period of investment.
  • Bonus interest rate applied to accrued interest
  • Interest is calculated daily and capitalized monthly. This means you earn on interest on interest.
How to apply for a Contract Save
  • Open a Transact Plus, Current or a Savings Account
  • Fill out an investment application form
  • Start with an initial deposit of GH¢ 250.00
  • Set a monthly standing order of GH¢ 100.00.
  • Contract Save investment cannot be opened for a non customer; a transactional account is mandatory