Prosper Savings Account
Prosper Savings Account at a glance
Saving for a long-term project or even for a rainy day is always a challenge. With our Prosper Savings Account, you give your savings a real chance to grow. With great interest rates, your savings will grow faster while you enjoy the many other benefits of this account.
Benefits:
◉ Access to personal overdraft or loan of up to 75% of your savings account balance
◉ Competitive tiered interest rates
◉ Access to investment opportunities for long-term saving needs
◉ Access to a wide range of life and personal insurance packages
◉ Credit facilities available subject to qualifications
◉ No account maintenance fee is charged if average monthly balance stays above $5,000 (maintenance fee
of $35 is charged if balance falls below $5,000)
Features:
◉ Free internal fund transfers from any of your account(s)
◉ Account opening balance of $5,000
◉ Minimum interest earning balance is $8,850
Requirements:
◉ 1 passport size colour photograph
◉ Valid identification - Any of the following: passport, driving license, voter’s card or reputable employer’s ID
◉ Proof of residence - Utility bill of not more than three months old (electricity, telephone, water, satellite, TV bills etc.)
Referee (any of the following)
◉ Account holder with us for at least the last six months.
◉ Reference letter from employer.
◉ Letter from a practicing advocate.
◉ For non-residents, a letter from embassy or parent firm.
◉ If prospective customer has a banking history, provide a six month bank statement from prior bank
subject to verification and confirmation.
