While saving money, it’s important to choose a bank that offers high-interest rates on savings accounts. Here are some banks that offer the best rates: Savings interest enables you not to lose value of the amount saved when inflation happens and also enables you to get margins on your deposit.
You should understand that there is a clear distinction between a savings account, a fixed deposit and treasury bills.
1. Fidelity Bank Ghana
Fidelity Bank Ghana offers competitive interest rates on savings accounts typically around 8% per annum. They have a variety of savings products tailored to meet different needs. This rate is very competitive currently on the Ghanaian financial market this rate will fairly protect your savings from losing its value against inflation.
2. Zenith Bank Ghana
Zenith Bank is another excellent choice for savers offering attractive rates on savings accounts and fixed deposits. The rate on savings account usually between 8% and 11% per annum depending on the type of savings account.
3. Republic Bank Ghana
Republic Bank Ghana provides some of the best interest rates on savings accounts, ranging from 7% to 10% per annum. Their range of savings products and customer-friendly policies makes them a worthy of this list.
