Savings Accounts

Booster Savings Account

Start small. Grow big.

Lao Tzu said: “A journey of a thousand miles begins with a single step.” We all have to start somewhere, and that single step can be the start of something grand. That’s why we let you open your Booster Savings Account with only TT$100 (or US$100). From TT$500 (or US$500), you can collect tiered interest credited quarterly, and embark on your great financial journey.

Benefits:

  1. Access to your funds anytime (via Online Banking, Tele-Banking and ATM facilities)
  2. VISA International Debit Card available with your account
  3. Cash withdrawals of up to TT$2000 daily
  4. Free payroll credit to account holders

Take my first step to savings

 

A+ Savings Account

A beautiful financial future for your child...What could be better?

If you have a child, you are always thinking about which lessons to teach them next. How to treat others with love and respect. How to ride a bike. How to eat their vegetables (even if they don’t want to). And of course, you want to teach them how to manage their money wisely.

We designed the A+ Savings Account for parents or guardians who would like to open an account for a child. It’s a great way to encourage them to learn about saving money and accumulating interest. The initial deposit is TT$25 and the account can be opened for a child at any age from birth to 20 years.

Benefits:

  1. No monthly fees
  2. Free E-statements via Net Banking
  3. Free LINX Card from age 11
  4. VISA International Classic Debit Card from age 16
  5. Online Banking – Read Only Access
  6. Deposits accepted at ATM and check-out counters
  7. Interest accrues on balances from as low as TT$25

Start my child's financial future today

 

 

University PowerPay Card

This pseudo credit card is aimed at university students supported by a parent/parents and was designed for the purpose of assisting with meeting the needs of university student life - rent, books, school supplies and spending money.

 

University Power Pay Debit Card features:

  • VISA International Debit Card

  • A credit limit of up to $15,000

  • Interest rate of 15% per annum

  • 2% cash back on purchases exceeding $10,000 per month

  • No penalty for full repayment

  • Online shopping

  • Free Travel Accident Insurance

  • Free Auto Rental Insurance

Professional Chequing Account

As professional as you are

Being professional comes from within. It comes from the values you already have: treat people with love and respect, present yourself well, and always be polite.

If you’re looking for a chequing account that compliments your professional attitude, consider our Professional Chequing Account. You can open it with a deposit of TT$500, with tiered interest credited quarterly.

Benefits:

  • Access to your funds anytime (via Cheques, Online Banking, Tele-Banking and ATM facilities)
  • VISA International Debit Card available with your account
  • Receive Quarterly interest payments

Open a Professional Chequing Account today 

Term Deposits: Certificate of Deposit (CD) and Advance Term Deposit

Be smart. Be secure. Invest in a CD or an Advance Term Deposit

You’ve worked hard for your money, so when you have the capital to invest, you want to do it wisely. You want to see your money grow, but you also want to play it safe. We don’t blame you. If you want the best of both worlds, deposit funds in a secure, interest-bearing account (with attractive returns) such as a Certificate of Deposit (CD) or an Advance Term Deposit. These are worry-free deposits, as you’re guaranteed a return on your funds.

CD:

The qualifications 

  • Individuals or companies
  • Living/ based in Trinidad and Tobago or abroad
  • Start with a minimum deposit of
    • TT$1,000
    • US$1,000

The benefits

  • High Returns: Earn higher interest rates than on ordinary savings accounts
  • Security: Breathe easy, your funds are insured by the Trinidad and Tobago Deposit Insurance Corporation*

The details

  • Your funds are placed for a fixed time period, at a fixed interest rate
  • Interest and principal are paid at maturity
  • 2% penalty for breaking deposit before maturity

*Insurance of up to TT$125,000

 

Advance Term Deposit:

The qualifications

  • Individuals or companies
  • Living/ based in Trinidad and Tobago or abroad
  • Start with a minimum deposit of
    • TT$50,000
    • US$10,000

The benefits

  • Interest Now: Your account pays interest up front
  • High Returns: Earn higher interest rates than on ordinary savings accounts
  • Security: Breathe easy, your funds are insured by the Trinidad and Tobago Deposit Insurance Corporation*

The details

  • Your funds are placed for a fixed time period, at a fixed interest rate
  • Simply walk away with the upfront interest, deposit it in your JMMB Bank account, or re-invest it to obtain even more savings income
  • 2% penalty for breaking deposit before maturity

*Insurance of up to TT$125,000

Grow my money with Term Deposits

 

Debit Cards

VISA International Debit Cards

Go anywhere with your bank in your pocket

Trinidad and Tobago is international as places come. We have people from all over the world and, as such, travelling is part of our life. We are explorers and foreign workers, we are members of the world, as well as citizens of Trinidad and Tobago.

When you travel, it’s best to make sure you can access your funds from anywhere in the world. The Visa International Debit Card offers this service, along with the following benefits.

Visa Classic

  • ATM limit TT$2,000.00 daily*
  • Point of Sale limit TT$10,000.00 daily
  • Annual Fee TT$150.00
  • International ATM fee TT$33.00
  • For USD Limits Conditions apply

Visa Gold

  • ATM limit TT$2,000.00 daily
  • Point of Sale limit TT$20,000.00 daily
  • Annual Fee TT$200.00
  • International POS fee US$5.00 (TT$33.00)
  • For USD Limits Conditions apply

The benefits:

  • Limited Transaction Fees: Use any bank ATM- TT$4.00 charged for insufficient fund transactions
  • Make Purchases Online: Shop right from your phone and save time and money.
  • Cheaper than using a credit card: Avoid an average of 24% interest per annum, on outstanding balances.
  • Ideal for students studying abroad: Support your children’s dreams via deposits made locally.
  • Free Insurance Coverage: Visa Gold Debit Card offers – Price Protection Insurance (up to US$400.00), Purchase Protection Insurance – (up to US$1,000.00) and Extended Warranty Insurance – (up to US$5,000.00) while the VISA Classic Debit Card offers - Price Protection Insurance (up to US$200.00).
  • Safer than cash: Accepted at over 22 million locations worldwide and protected by a pin.

Code of Practice for Debit Cards

Card Fraud Prevention Tips

 

Linx Card

A simple, safe debit card

Life is complicated enough as it is. The Linx Card makes it a bit more simple and secure. It’s a debit card ideal for junior clients with an A+ account or senior clients who aren’t big online shoppers. It’s quick, easy, and safer than cash because it’s pin protected. Funds may be accessed via ABMs and Merchant Point of Sales

The benefits

  • Quick and easy access to funds
  • No limit on number of transactions

The details

  • ATM Fee – Other Banks’ ATMs TT$4.00
  • Point of Sale -TT$1.00
  • Insufficient Funds- TT$0.65
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