Current accounts held with Bank of St Helena Ltd offer customers an interest of 0.1% per annum.
Current accounts with Bank of St Helena are offered to customers aged 18 years or over, holding St Helenian status or have a clear connection to St Helena. Further details on criteria for a Current Account are outlined below.
Customers with a current account are also eligible to hold an Account Package with Bank of St Helena. Account Packages range from Basic to Premium offering a variety of featured services. See full package detail below.
Bank of St Helena Ltd are pleased to announce that as of 01 October 2020, the following will be implemented for first time home owners / mortgagors:
Offer 1: For applicants who earn £8,500 per annum or less, interest rates of 5% will apply for a term loan up to 25 years.
Offer 2: For applicants who earn £15,000 per annum or less, repayment of the principal loan amount can be deferred for a period of up to 2 years. Interest payments will apply.
Applicants will not be eligible for both offers.