At Butterfield we have several savings products that are designed for the convenience of the various groups in the market.
We provide a simple plan for persons wishing to save regularly to achieve personal goals. This account will facilitate salary deposits, loan payments and standing order deductions.
Are you aged 50-years-old or over? Then the Butterfield 50+ plan is for you.
This account is for senior persons and BARP (The Barbados Association of Retired Persons) members. The BARP members are eligible for this account on presentation of the BARP membership card but the "Withholding Tax" exemption applies from age 60 and over.
Account holders are exempt from most fees and charges...and will qualify for other special services offered by the Bank.
This "first" savings plan provides parents, grandparents and guardians with a facility to create a foundation for savings for their children. On starting the plan, the Bank will add a bonus of $10.00 and give a Butterfield "piggy bank" to encourage the child to save. After that the "bonus" comes as an interest rate that is higher than the regular savings rate.