We are all different and each of us go through different phases on life’s journey. Our personal banking products are tailored to meet your varying dreams and ambition as you take your place in journey of life.
Personal Chequing Account
As the pace of our life quickens convenience rises in importance. Our Personal Chequing reduces the need for frequent visits to the bank or the ATM to withdraw cash. As a Personal Chequing Account customer you:
Benefits and Features
- Don’t need to carry unnecessary cash
- Can make automatic transfers with a standing order
- Get the first cheque book free
- Have free access to our eight convenient ATMs to use and manage your account
- Get Monthly statement with cheques to assist with your personal financial management
- Minimum service charge: $15
- Cheque Book: Available at cost plus stamp duty
- Charge per entry: $1.25
Cheque Saving Account
If you are an occasional cheque writer, this account is ideal for you. It is a safe and convenient way to pay your monthly expenses. Best of all you earn interest while enjoying convenient cheque writing privilege. An initial deposit of $500.00 is required to start. You will:
Benefits and Features
- Receive quarterly statements
- Experience no hassle carrying cash
- Get free ATM service with access to your account
- Receive interest payments quarterly
- Minimum opening balance: $500
- Interest rate: 2%
- Minimum service charge: $15
Forty And Over Club
They say life begins at 40 so enjoy it. While you enjoy this exciting and productive stage of your life we have created a bundle of benefits to support you such as:
Benefits and Features
- No commission on the purchase of ACB Visa Travelers Cheques
- No commission on the purchase of local drafts
That’s not all! Forty and Over Club members:
- Receive discount on purchases of over $100 from selected stores
- Gets a free ATM card to use at our eight machines around the island
- Are eligible for a credit card
- Interest rate: 4% on balances of $5,000 and over
ATM Service
Banking must fit into your way of life that is why we offer six convenient locations. Withdraw, Deposit, Transfer Funds or just check your balance. There are other good reasons to use this service such as:
Benefits and Features
- The service is FREE
- Banking services all day long, everyday (convenience)
- No need to wait in line at the bank
- Six locations: ACB Head Office, ACB Financial Centre-High Street, Epicurean Supermarket, V.C. Bird International Airport, Midway Service Station (Clarks Hill) and Codrington Barbuda
- Make deposit to chequing and savings accounts
- Monitor balances
- Card is secure since PIN number is a secret
- Service is easy to use
- Payment of utility bills
Mortgage
Buying a home or acquiring a property is likely to be the biggest investment you will ever make, and a mortgage the greatest financial obligation you will ever undertake. Whether it is your first home or your third we will help you achieve your goal. In order to qualify for a mortgage you should:
- Have a good employment history.
- Be financially capable of servicing the mortgage.
- Be creditworthy
- Have adequate security - generally a first mortgage on the land and building
With a low interest rate, Up to 35 years to repay and Equity as low as 10% you can own your dream today. Use our mortgage calculator to determine your monthly payment.
Online Application - coming soon
Personal Loans
Land Loans
Ground breaking news! Its easy to own your piece of the rock with ACB. With a down payment as low as 10% you can own that coveted piece of land today. We value your time and will provide you with a quick decision (within 24 hrs).
Online Application - coming soon
Student Loans
You live in a highly competitive world with new opportunities and challenges everyday. How do you respond and position yourself to work in this world? With an ACB Student Loan to finance your education! Whether you are leaving Secondary School, or attending a local college or working and want to further your studies in Antigua or another country, we can help.
What do you need to apply?
- A letter of acceptance from the University with its schedule of fees
- A Guarantor/Co-Borrower
- Adequate security
- Life insurance
Online Application - coming soon
Benefits and Features
- Up to 10 years to repay after graduation
- Option to pay interest while studying
- Up to six months to find employment after graduation
- A very low interest rate
Vehicle Loans
Whether it’s your first or tenth vehicle owning a car is No Problem! Down payment can be as low as 10% and with our strategic alliances your first year’s insurance may be absolutely free!
Benefits and Features
- Up to 6 years to repay
- Low monthly installments
- A very low interest rate
- Low down payment
Golden Savings
Time seems to fly these days especially with major annual experiences such as your:
- Insurance, vacation or even a down payment for your land or mortgage.
- At ACB we have created our Golden Savings account to help you reach your short-term goals.
- It’s very easy-just like box money, the difference is that interest is added to your hand.
- The Golden Savings Account is structured to give you the discipline you need to reach your goal.
Benefits and Features
- Monthly Deposit must be in multiples of $100
- Withdrawals are allowed only after 12 consecutive monthly deposits
- Interest rate of 3.5%
- Free deposits
- Penalty for early withdrawal: $50 or savings rate whichever is higher
- Free standing orders
Online Application - coming soon
Credit Cards
Enjoy the possibilities life has to offer with our international Visa and Mastercard credit cards. In addition to convenience and world wide acceptance at millions of stores and ATMs, you can also keep track of your account online. Our cards are available in either EC or US currency. Enjoy what life has to offer! Apply Now
Service Fees etc.
- Annual Fees:
Classic: Principal $100, Co-applicant $50
Gold: Principal: $150, Co-applicant $75
Individual Retirement Accounts
Picture this..financial security, well-placed investments and the luxury of retirement in years to come. Whether you are just beginning or you’ve settled into your career an ACB Individual Retirement Account allows you to cultivate a habit of saving and building your nest egg with modest and affordable contributions.
So consider the big picture… start an ACB IRA today.
Benefits and Features
- Minimum: $5,000 to start
- Compulsory additions of at least $100 per month
- Interest rate that grows with your balance
- Option of a monthly pension over 10,15 or 20 years
Homebound Accounts
Take the easy way home! Invest in an ACB Homebound Account today. This account is designed for Antiguans and Barbudans residing outside of Antigua. In addition to a preferential interest rate, we will also assist you with property management services and local discounts when you visit. Antiguans living in the United Kingdom can make deposits at any branch of Lloyds TSB using a special passbook. So if you are thinking about saving right here…welcome home.
Service Fees etc.
Minimum balance to earn 4% interest: $4,000
Below: 3%
Third Party Withdrawals: $15
