The Smart Start Home Account is a fixed-term investment product designed to help customers save toward home ownership or other long-term financial goals. Remember to apply for your mortgage within three (3) months after your Smart Start Home Account is matured.
- 3 - 5 years Terms
- No monthly fees
- Flexible 3 and 5-year terms
Why Choose Smart Start?
- Designed for first-time home buyers
- Helps build strong savings habits
- Competitive interest rates
- Supports your long-term investment goals
Receive a discount on your mortgage interest rate based on the down payment saved in the Smart Start Account:
- Save 10% - Get 0.15% discount
- Save 15% - Get 0.20% discount
- Save 20% - 0.25% discount
Get Started with our Smart Start Home Savings Account
Today, Tomorrow, Together
Visit us
2nd Floor,
Patrick E. McDonald Building,
Upper Collymore Rock Rd,
Bridgetown, St. Michael
Email Us
capitadeposits@capitacaribbean.com
Call Us
246-622-9200
More Information on Smart Start Home Account
Eligibility:
Must be 18 years and older
Minimum Opening Balance:
BD$1,000.00
Interest Rate:
Competitive interest rates.
Interest is paid quarterly, semi-annually or at maturity.
Fees:
A portion of interest is forfeited if the deposit is broken before contracted maturity date.
The details are outlined in the Account Terms & Conditions
Benefits:
- Allows you to save towards the deposit required for a mortgage
- Mortgage interest rebate as follows:
- Save 10% of your mortgage down-payment: get a 0.15% discount
- Save 15% of your mortgage down-payment: get a 0.20% discount
- Save 20% of your mortgage down-payment: get a 0.30% discount
- No monthly maintenance fees
Account Opening Requirements:
- Two forms of valid ID: such as Passport or Driver’s License and the Social security card
- Proof of Address (e.g. utility bill)
- If you are a non-resident client:
- A reference letter or current account statement from a reputable bank
- Valid work permit (if applicable)
Additional Information:
Refer to the Account Terms & Conditions