Platinum Account

    Take your deposits to JN Bank and receive higher returns and
    great benefits.

    Valid: June 4 – August 31, 2018 


    • Minimum opening amount JMD$5,000,000 or US$100,000
    • Available in Jamaican and US dollars only
    • Fixed deposits for 30,90,180,270 and 365 days
    • Deposit new funds or top-up an existing fixed rate account*


    • High interest on your money
    • Choose when your interest is paid – monthly, quarterly or at maturity
    • Option to borrow against funds
    • Monitor account via JN LIVE
    • You must be a Jamaican 18 years or older
    • Valid photo identification
    • Taxpayer Registration Number (TRN)
    • Proof of your address (utility bill, receipt or other bills).
    • Telephone number(s) – (home, work and mobile)
    • Tax payer Registration Number (TRN) OR Jamaican Driver’s licence bearing this number
    • Occupation and name of employer (if self-employed, the nature of self-employment)
    • Two (2) references
    • The minimum amount of J$5,000,000required for opening the account
    • Source of funds
    • FATCA certification
        • Interest rates are applicable to new funds.  Existing funds may be used, but are subject to the conditions outlined below:
          • Top-ups of existing deposits of less than $5 million, should amount to no less than 25% of the existing funds
          • Top-ups of deposits greater than or equal to $5 million, should amount to at least 25% of the existing funds
        • The rate to be applied will be determined as per the interest rate schedule
        • The account is subject to withholding tax in Jamaica, except where the member provides a tax exemption certificate
        • Accounts should close at maturity with funds transferred to a regular savings account
        • Members who close existing accounts before maturity in order to top-up will not be charged a penalty
        • Withdrawals from the account are allowed at maturity only. Any withdrawal allowed by the Bank from the account prior to maturity will result in the closure of the account and the penalty for early closure will also be applicable.
        • The account can be used as collateral for cash secured loans offered by JN Bank
        • JN Bank is hereby entitled to disclose to third parties any information about the account holder and the accounts held by the account holder and shall not be liable whatsoever in relation to any information in any or all of the following circumstances:
          • If JN Bank shall deem it necessary to make such disclosures to protect the interest of the Bank from any harm, loss or injury
          • To comply with any requirement for disclosure imposed by law, pursuant to the directives of the court or such duly empowered government agency or department
          • In other circumstances in which the account the holder shall give written authorization to make such disclosure
        • JN Bank shall have the right, at any time, without notice, to apply any funds credited to the account towards full or partial satisfaction of any liability due and owing to the Bank by the account holder. The right of set-off shall operate between accounts of any kind whatsoever operated by the bank
        • JN Bank reserves the right at its sole discretion and may from time to time vary the terms and conditions which apply to the account up providing at least 45 days prior notice in writing, such notice may be placed in our branches, published in the print or electronic media or may be sent by post or email
        • This agreement is governed by the Laws of Jamaica and shall be subject to the exclusive jurisdiction of the courts of Jamaica


    Amount ($) 30 days 90 days 180 days 270 days 366 days
    5,000,000 – 9,999,999.99 3.00% 3.50% 4.00% 4.50% 5.00%
    10,000,000-49,999,999.99 3.25% 3.75% 4.25% 4.75% 5.25%
    50,000,000 and Over 4.50% 4.75% 5.00% 5.25% 5.50%

    The rates listed above are EAIR interest rates.


    Amount($) 30 days 90 days 180 days 270 days 366 days
     500,000- 999,999.99 1.80% 1.95% 2.05% 2.25% 2.50%
     100,000 – 499,999.99 2.00% 2.25% 2.50% 2.75% 3.00%
     1,000,000 and over 2.25% 2.50% 2.75% 3.00% 3.25%