Premium savings accounts are interest-bearing accounts with different threshold deposits that help to segment customers in terms of the contribution they make and the value they add to the business of the Bank. The Bank shall offer premium interest-bearing savings accounts and shall set various threshold deposit balances to determine the level of interest rate to be applied.
- Interest shall be always calculated based on the minimum monthly balance of the account;
- Reversal of additional Interest amount would be done if the customer fails to maintain the threshold median balance;
