This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More
In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information
Whether you’re saving for a project or just want the reassurance of a growing safety net, a Premier Fixed Saver could help reach your savings goals with money locked in for 1, 2 or 3 years.
One-year Fixed Saver
1.75% Interest (Available 1 April 2026)
Two-Year Fixed Saver
2% Interest
Three-Year Fixed Saver
2.5% Interest
Bank of St Helena Premier Fixed Savers are available to Individual and Joint Current Account holders aged 18 and over. The chosen Premier Fixed Saver will be locked for the specified time and accumulates interest annually. The interest and account will run from the date of the account opening for 1, 2 or 3 years.
The minimum deposit for Premier Fixed Savers is £1,000 and the maximum is £70,000 per customer. Accounts will only have one deposit during the opening of the account, no additional deposits will be permitted.
Interest for accounts will commence on the day of account opening and is calculated daily and deposited into your account annually (incurred interest is subject to withholding tax).
At the end of the term, the balance will be deposited into your Current Account and the Saver will be closed. if you would like to reinvest your savings, you will be required to setup a new fixed saver account.
Customers can have more than one Premier Fixed Saver, however the maximum accumulated balance across all accounts cannot exceed £70,000.
Premier Fixed Savers can be added to your Online Banking portal to view balances, download and print statements. Deposits will not be permitted.
This saver is ideal for those with a lump sum of money to save that you can afford to keep locked away for a fixed term. This gives you an interest rate that stays the same during the saver’s term and also guarantees your money is saved long-term with a better interest than a Fixed Saver (1.75% interest, 1 withdrawal permitted per year).
Generally, no. The Premier Fixed Saver is designed to be a locked account in exchange for a higher interest rate. However, we understand that unexpected and severe circumstances can happen.
If during the term you are experiencing these severe circumstances, please contact our Managing Director. With approval we can arrange to close your account early; if approved, your full balance plus any interest earned up to that date will be transferred directly into your current account.
To open a Premier Fixed Saver, the account must have a minimum of £1,000 per saver. The maximum allowance per customer is £70,000; therefore if a customer opens 2 or more Premier Fixed Savers, the total balance the Savers can not exceed £70,000.
Your savings and accumulated interest will be deposited into your current account at the end of the term. You can apply for a new saver when the term is up.
The interest rates at the time of application are fixed and will not change during your chosen term.
For further information, contact us on (+290) 22390
Please apply online or download and complete the forms manually. Completed forms must be returned to the Bank, either the Customer Service Terminal at the Main Branch, Ascension Branch, Remote Banking sites or Kiosks. Click here for opening hours.
Please contact us on (+290) 22390 or complete the Contact Form.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More
In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information
Preferences
Preferences