Top Certificate of Deposits rates in Jordan (August 2021)

Top Certificate of Deposits rates in Jordan (August 2021)

Aug 6, 2021 by AmwalCom

If you are interested in no-risk investments, you should consider fixed deposits. In Jordan, there are seven banks only providing fixed deposits services in Jordan. The rate depends on the minimum amount deposited, and the term period.

In this article, we present to you the top fixed deposits in Jordan for August 2021 based on the term period:

3 months:

  1. Bank Al Etihad: 3.4% (Min. amount: 5000 JDs)
  2. Capital Bank: 3.25% (Min. amount 10,000 JDs)

6 months:

  1. Bank Al Etihad: 3.5% (Min. amount: 5000 JDs)
  2. Capital Bank: 3.5% (Min. Amount: 10,000 JDs)
  3. Jordan Commercial Bank: 3% (Min. Amount 3000 JDs)

12 months:

  1. Capital Bank: 3.75% (Min. Amount 10,000 JDs)
  2. BLOM Bank: 3.75% (Min. Amount 5000 JDs)
  3. Bank Al Etihad: 3.65% (Min. Amount 5,000 JDs)

18 months:

  1. Jordan Commercial Bank: 3.75% (Min. Amount: 3000 JDs)
  2. Safwa Islamic Bank: 3.72% (Min. Amount: 1000 JDs)
  3. Housing Bank: 3.25% (Min. Amount: 20000 JDs)

24 months:

  1. Jordan Commercial Bank: 4% (Min. Amount: 3000 JDs)
  2. BLOM Bank: 3.85% (Min. Amount 5000 JDs)
  3. Safwa Islamic Bank: 3.79% (Min. Amount: 1000 JDs)

36 months:

  1. Jordan Commercial Bank: 4.25% (Min. Amount: 3000 JDs)
  2. BLOM Bank: 4% (Min. Amount: 5000 JDs)
  3. Jordan Kuwait Bank: 3% (Min. Amount 10,000 JDs)

As we can conclude based on the above information, Bank Al Etihad and Capital Bank provide the best rates if the term period is for a year or less. However, for term periods between 1 and 3 years, Jordan Commercial Bank provides the top rates

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Top Banks for fixed deposits – March 2021

Top Banks for fixed deposits – March 2021

Mar 4, 2021 by AmwalCom

Fixed deposits are considered as one of the safest and easiest methods for investment as the... Read more