Best Interest Rate on the fixed deposits in Jordan (May 2021)

Best Interest Rate on the fixed deposits in Jordan (May 2021)

May 13, 2021 by AmwalCom

Have you ever thought about what you would do if you owned 1 million Jordanian Dinar? Some may encourage you to start your own project, pay off your debts or buy your own house maybe…You can also think about saving your money as a fixed deposit in the bank to get a guaranteed return.

Always remember there is also the option of saving your money as a certificate of deposit instead. This gets you a higher return but keep in mind it has stricter terms. You can learn more about the difference between the fixed deposit and the certificate of deposit in this video.

We have compared fixed deposit offers between banks in Jordan in this article. We present to you the best six fixed deposits for an amount of 1 million JDs and assuming a 1-year term period:

1- Invest Bank:

  • Interest rate: 3.75%

2- Safwa Islamic Bank:

  • Interest Rate: 3.65% distributed in the first quarter of 2021

3- BLOM Bank:

  • Interest rate: 3.65%

4- Bank Al Etihad:

  • Interest rate: 3.5%

5- Bank of Jordan:

  • Interest rate: 3.25%

6- Al Rajhi Bank:

  • Interest Rate: 3.19% distributed in the first quarter of 2021
**For a full comparison between fixed deposit offers in Jordan Click here
**All offers are subject to the banks' terms and conditions
**This article is not sponsored by any party

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