The chance to double your savings could be exactly what you need to reach your goals faster – whether it’s a down payment on a house, a dream vacation, or that “rainy day” fund.
You could be one of five lucky winners to get double your savings each quarter.
Don’t miss this incredible opportunity to supercharge your savings and make your financial goals a reality. The sooner you start saving, the more chances you will have to earn more!
A Promotion Account must be opened within the promotional period to qualify
for the JN Bank Double Up Yuh Savings Promotion. The Account Opening period
is July 28, 2023 to July 31, 2024, both dates inclusive.
To enter:
a) Participants MUST open a JN Bank High Yield Contractual Savings Account
product (Promotion Accounts) offered by JN Bank for a minimum savings tenure
of twelve (12) months hereinafter referred to as “savings tenure” or “account
tenure”.
b) The account must be opened with a minimum deposit of Twenty- Five Thousand
Jamaican Dollars (J$25,000.00) during the Promotion Account Opening Period.
a) After the account opening, deposits of a specified amount, agreed to in writing,
“Pledge Amount” must be made on or before the last day of each month to the
Promotion Account.
b) The first monthly Pledge Amount should be deposited before or on the 30-day
mark from when the account was established and all subsequent Pledge
Amounts should be deposited by the last day of each month.
c) Participants MUST save a minimum Pledge Amount of Twenty-Five Thousand
(J$25,000.00) monthly for the duration of the Promotion Period or account
tenure, as applicable.
d) The opening Twenty-Five Thousand Jamaican Dollars (J$25,000.00) will
represent the “Initial Deposit” and eleven (11) additional monthly deposits of
Twenty-Five Thousand Jamaican Dollars (J$25,000.00) must be deposited on or
before the last day of each month for the duration of the Promotion or account
tenure which will represent the “Pledge Amount”.
* If a child below 16 years is to be added to this account, the child’s Birth Certificate is required.
If the original documents are presented to the UK Rep Office, do not need to be notarized.
The JN Bank Double Up ‘Yuh’ Savings Promotion is a yearlong savings competition that allows current and new JN Bank Members to open a contractual savings account (JN Bank High Yield account). Participants must pledge to consistently save a minimum of J$25,000 monthly for one year to be eligible to become one of five lucky winners selected quarterly, who will receive DOUBLE their pledge amount, up to a maximum of J$100,000.
The account opening period for the Double Up ‘Yuh’ Savings Promotion runs from July 28, 2023 to July 31, 2024. Accounts can be opened at any JN Bank or Moneyshop location islandwide.
The JN Bank High Yield account is a contractual account type that allows for saving a consistent amount for a set period. Deposits ARE REQUIRED to be made on a set date or by the last day of each month and the account has a savings tenure of twelve (12) months.
To participate in the Double Up ‘Yuh’ Savings promotion, new or current JN Bank members are required to open a Jamaican Dollar JN Bank High Yield account.
No. To participate, new or current JN Bank members must pledge to consistently save a minimum of J$25,000 monthly or more for one year, to be eligible for the cash awards available.
All promotion accounts opened are maintained in Jamaica.
Deposits can be made using different channels available at JN Bank. The minimum monthly pledge amount and any additional savings can be credited via direct deposits, over the counter, salary deduction or standing order, smart ATMs, JN Bank Drop Box or JN Bank LIVE online banking portal.
Yes, additional deposits can be made to the account at any time, but it is important to ensure that the minimum monthly pledge amount of J$25,000 or more, is deposited on or before the last day of each month, to qualify for the quarterly draws.
Eligible participants in the promotion can be a winner in one of the following categories:
The draw will be executed on Tuesday, October 10, 2023.
Once you are declared one of five lucky winners in the quarterly draws, you will receive DOUBLE your pledge monthly amount, up to a maximum of J$100,000. This means, even if you save more than J$100,000 monthly and you are selected as a winner, your prize amount will be an additional J$200,000 to your account.
The Test of Skill is a statement used to provide an unbiased validation of a potential winner in the promotion. Each potential winner will be selected randomly and contacted by a JN Bank representative to complete the Test of Skill for the promotion, which is JN Bank’s tagline ‘We’ll Help You Find A Way’.
The two words, “We’ll Help…” will be said by the JN Bank representative and the potential winner will be required to say “…You Find A Way”. Upon successful completion of the tagline, the potential winner will be declared an official winner.
Any JN Bank member, any 18 years or older can open a JN Bank Double Up ‘Yuh’ Savings promotion account.
Documents required are:
© 2024 JN Bank. All rights reserved | Developed by The JN Group Web Unit
