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Barclays Bank launches a bonus savings account campaign


Double your deposit and earn double interest up 10% with Bonus Savings Account .Tanzanian’s can now earn up to 10% interest when they double their savings with Barclays.

Speaking at the launch, which took place at the bank’s Head Office, Barclays Liability Manager, Innocent Chonya said “After carefully analysing the saving patterns of Tanzanian’s, we found out that many of our customers do not open savings accounts for multiple reasons, one being low interest rates.

Following our research, we decided to develop an offering that will help address our customers concerns. Customers who currently have a Bonus Savings account need to double their existing balances to qualify to earn double the interest that they were originally receiving.

For new customers, they simply need to visit any of our branches, open a bonus savings account, and make a deposit of their choosing and they will qualify to receive double the interest up to 10%”

Barclays Bonus Savings account provides customers the opportunity of earning the highest interest rate in the country for a saving product that is not a fixed deposit product. This savings account allows you to earn a bonus interest payment in addition to the ordinary interest if you do not withdraw more than once within a given quarter.

He continued, “At Barclays, we believe in delivering products that meet the need of our customers and the ever changing economic landscape of the country. Our customers are why we exist as a bank, and it’s therefore our duty to ensure that we offer them with solutions that help them achieve their saving goals. Let your money start working for you, open a Bonus Savings account with Barclays today!.”

 Barclays bank Tanzania Marketing and Communications Manager, Joe Bendera (left) and banks Liability Product Manager, Innocent Chonya launch the bank's bonus savings account campaign in Dar es Salaam yesterday to enable customers to earn a bonus up to 10% interest on their savings.  
 Barclays bank Tanzania Liability Product Manager, Innocent Chonya (centre), and banks marketing and Communications Manager, Joe Bendera (on his left) during a media conference to launch the Barclays bonus savings account campaign in Dar es Salaam yesterday.