Top Fixed Deposit Rates in Jordan for 1 Year (August 2021)

Top Fixed Deposit Rates in Jordan for 1 Year (August 2021)

Aug 6, 2021 by AmwalCom

Comparing between fixed deposits in Jordan might seem complicated as you need to consider the amount deposited and the term period as well. If you have an amount you would like to invest in one of the Jordanian banks, this article provides you with the best fixed deposit rates for amounts of 1-year term period:

10,000 JODs:

  1. Bank Al Etihad: 3.5%
  2. Safwa Islamic Bank: 3.5%
  3. Jordan Commercial Bank: 2.625%

100,000 JODs:

  1. Bank Al Etihad: 3.5%
  2. Safwa Islamic Bank: 3.5%
  3. BLOM Bank: 3.25%

250,000 JODs:

  1. Safwa Islamic Bank: 3.7%
  2. Bank Al Etihad: 3.5%
  3. BLOM Bank: 3.25%

500,000 JODs:

  1. Safwa Islamic Bank: 3.7%
  2. BLOM Bank: 3.65%
  3. Bank Al Etihad: 3.5%

1,000,000 JODs:

  1. Safwa Islamic Bank: 3.83%
  2. Invest Bank: 3.75%
  3. BLOM Bank: 3.65%
We can conclude based on the information provided above that the top banks for deposits of less than 500,000 JODs and a term period of 1 year are: Etihad Bank and Safwa Islamic Bank. However, if you have more than 500,000 JODs, the top fixed deposit rates are then from Safwa Islamic Bank, Invest Bank and BLOM Bank.

** Interest from Safwa Islamic Bank ise based on what has been distributed in Q2-2021

Read More
Opening a Bank Account without visiting the Bank in Jordan

Opening a Bank Account without visiting the Bank in Jordan

Jun 16, 2021 by AmwalCom

According to Chris Skinner, one of the most influential people in financial technology "ignoring th... Read more