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New Life Savings Account

Saving for your Future

What will you do with yours?

Interest Rate 4% pa

New Life Savings Account
What will you do with yours?

Is this Account right for you?

4% interest per annum

  • Receive an interest rate of 4% per annum, 3.9% more than our Current Account
  • Encouraging you to save for your retirement
  • You have the option to save until 60 or 65 years
  • Your investment is paid out when you reach 60 or 65 years
  • Withdrawals are prohibited until the set expiration date
  • Unlimited deposits 
  • Upon reaching the expiration date, the New Life Savings Account is converted to a Current Account, after which transactions can be made

How to open a New Life Account

You must be St Helenian or have St Helenian Status to open an account.

Bring along with you evidence of your date of birth, i.e passport or birth certificate.

Ready to apply for a New Life Account?

For further information, contact us on customerservices@sainthelenabank.com

Completed forms must be returned to the Bank, either in the main branch, remote banking sites or kiosks. Click here for opening hours

Download Application Form

Further Information

Account Terms and Conditions

Contact Us

(+290) 22390


Use your Local Debit Card at the Ascension Branch

Ascension customers can now use their Local Debit Card at the Bank in Georgetown. Local Debit Cards are available for personal and business customers. Apply today by contacting the branch on 66123.