BasisBank’s Term Deposit is a fixed-term savings product with a minimum balance of 100 GEL, USD or EUR. Interest can be received at the end of the term or paid out monthly.

It sits alongside the bank’s other deposit accounts, including a goal-oriented savings option and a dedicated children’s deposit. Deposits are covered by Georgia’s deposit guarantee scheme up to GEL 50,000 per depositor.

What's good

  • Low minimum balance
  • Monthly interest option

Trade-offs

  • Funds locked for the term
  • Rate not published online