By increasing the amount you deposit, you increase the interest you earn, which means you get more out.

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How it works

What you get
  • High return on savings
  • Earn interest per annum (p.a.) up to 70% of Central Bank Rate (CBR)
  • Interest calculated daily and paid bi-annually
  • Bonus interest of of 0.25% paid annually
  • One withdrawal per quarter
  • If no more than four withdrawals in a calendar year, you earn an additional interest of 0.25% p.a.
What you need to know
  • A minimum operating balance is required
  • No maintenance fees
What to bring when you apply
  • One passport-sized photo
  • Address verification document (e.g. letter of introduction from either local government (ward executive), advocate or employer)
  • ID documents (passport, voter’s ID or driving licence. National ID for Zanzibar only)

Need more help?

Call:

+255 (0) 774 700 703 | +255 (0) 774 700 708
from 8:30 am to 04:00 pm

Email:

feedback.tz@barclays.com