Clarien’s Safe + Sure CD

Clarien’s Safe + Sure CD. We have a broad range of solutions to help you achieve your goals.

Whatever your savings goal, Clarien’s Safe+Sure CD is the secure, low-risk savings plan.

Enjoy rates as high as 1.4% per year on 5-year CDs for new* accounts opened.

Available in BMD and USD, the Safe+Sure CD requires a minimum opening deposit of $25,000 for personal clients and $100,000 for corporate clients.

Currency Product Name Nominal Rate Effective Rate
BMD 6 Month Safe+Sure CD 0.30% 0.30%
USD 6 Month Safe+Sure CD 0.40% 0.40%
BMD 1 Year Safe+Sure CD 0.60% 0.60%
USD 1 Year Safe+Sure CD 0.70% 0.70%
BMD 3 Year Safe+Sure CD 1.00% 1.01%
USD 3 Year Safe+Sure CD 1.10% 1.11%
BMD 5 Year Safe+Sure CD 1.20% 1.21%
USD 5 Year Safe+Sure CD 1.40% 1.41%

Safe+Sure CD Features

  • • Premium rates on USD deposits
  • • CDs will auto-renew into the equivalent term at prevailing rates at the time of maturity
  • • CDs will be eligible for the Cash Secured Loans

*Terms and conditions apply.

There are still good options to continue saving. Apply today!

To help expedite your application, please answer the short questionnaire below:

All information collected will be held in confidence by Clarien Bank Limited.

Terms and Conditions

The “Safe+Secure” Term Certificate of Deposit (CD) product (the “Product”) is available only to existing Clarien Bank clients, subject to eligibility requirements. Deposits must be new monies deposited with Clarien Bank and denominated in Bermuda Dollars (BMD) or U.S. Dollars (USD) to be eligible for this Product. A minimum deposit of $25,000 is required for personal banking clients, and a minimum deposit of $100,000 is required for commercial clients. Products opened in USD from a BMD account will be subject to Foreign Currency Purchase Tax (FCPT) and any applicable foreign exchange fees. For details on the interest rates quoted for this Product see rate table. Interest rates quoted for this product are nominal interest rates paid on the principal amount per annum. Interest accrues and compounds daily. Rates are subject to change at any time without notice. Interest may be paid monthly, quarterly, bi-annually, annually or at maturity as agreed with Clarien Bank at the time of initial deposit. Unless otherwise instructed within a reasonable period of time prior to the maturity date selected at the time of deposit, this Product will automatically renew into a standard CD for an equivalent term at the rate of interest prevailing on the first day of the renewal term. Early termination penalties apply, including loss of interest on funds withdrawn. This Product is only available for a limited time, and Clarien Bank reserves the right to discontinue this Product’s availability at any time. This Product is subject to Clarien Bank’s General Banking Terms and Conditions, copies of which may be found at www.clarienbank.com. Where the terms for this Product vary from the General Banking Terms and Conditions, the terms of this Product prevail.