Fidelity Bank Bahamas review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Fidelity Bank Bahamas suits savers who can commit to a fixed deposit and borrowers who want a loan arranged in house. The monthly fee is BSD 0, savings pay a fixed rate of 1%, and the term runs 6 to 12, so the appeal is cost and predictability rather than flexibility.
Key facts
Savings
Loans
Mortgages
- Purpose
- Purchase, Remortgage, Home-equity↗
Facts checked September 26, 2026, 8 sources
Apps and profiles
- Get the app
- App Store
Pros and cons
Pros
- The monthly fee is BSD 0, so holding the account costs nothing each month.
- Savings pay 1% at a fixed rate, so the yield is known from the start.
- Loans come direct from the bank for personal, car and debt consolidation, with a funding time of very short turnaround time.
- The card offered is debit on the visa network.
Cons
- Savings sit in a fixed account for 6 to 12, so there is no easy access option.
- The 1% rate sits under the site median of 3% for savings.
- Support runs on email and phone only, so a branch or live chat is not part of the offer.
Who it suits
- Savers who can leave money locked for 6 to 12 and want a BSD 0 monthly fee.
- Borrowers after personal, car or debt consolidation lending arranged in house.
- Homeowners looking for a purchase, remortgage or home equity mortgage.
Who should look elsewhere
- Savers who need instant access to their money, since the account is fixed for 6 to 12.
- People after a wide choice of loan types, as lending covers personal, car and debt consolidation only.
- Card shoppers wanting a wider network, as the debit card runs on visa.
Rates and card terms
Savings pay a headline rate of 1% on a fixed basis, which sits under the site median of 3% for the same product. The term runs 6 to 12, so the balance stays committed rather than available on demand, and the return keeps the same fixed footing across that window. Readers who prefer a known yield to a rate that moves fit this account.
The company behind it
The provider is Fidelity Bank (Bahamas) Limited, headquartered in Bahamas, so any contract sits with a Bahamas company rather than a UK or European one. Support runs on email and phone only, which covers routine questions by email or phone but leaves anything detailed to a written trail. Check the legal entity name before signing.
How Fidelity Bank Bahamas compares
Frequently asked questions
Is there any monthly charge to keep the account?+
The monthly fee is BSD 0, and the account model pairs that with a fixed rate. On a term deposit paying 1% over 6 to 12, the interest is the whole return calculation, since there is nothing deducted each month for holding the account.
What rate do savers get and is it fixed?+
Savings pay a headline rate of 1% with a fixed rate type and a term of 6 to 12. The site median for the same product is 3%, so the yield sits towards the lower end of the savings field rather than the top of it.
How much do I need to open the account?+
The minimum deposit is BSD 100. Set against the site median minimum deposit of €0.88, that is a modest entry point, and listings across the site start from €0 and reach €100,000.
Can I build the balance in smaller payments?+
Deposits can follow a weekly, bi-weekly or monthly rhythm rather than arriving as one lump sum, while the term itself is set at 6 to 12. The minimum deposit of BSD 100 sets the floor for the account instead of a rule that everything must arrive at once.
What card comes with the account?+
The card is debit and runs on the visa network, so it works as a payment card rather than a credit line. Most listings in this group are 82.2% cards, which means the network is the part that shapes daily use.
Can I borrow from the same bank?+
Yes, and the lending is in house. The bank operates as a direct lender for personal, car and debt consolidation, so there is no broker layer between an application and a decision. Funding time is very short turnaround time, which is the figure to weigh when a loan covers something urgent.
Does it arrange mortgages as well?+
Mortgages are handled for purchase, remortgage and home equity, with home improvement named as a use case. For context, the site median initial rate sits at 4.69% and the median APRC at 4.91%, so those are the benchmarks to test any quote against.
How do I get hold of the bank for help?+
Support runs on email and phone, so a question goes by email or a phone call. Across the site, phone support appears in 74.4% of listings against 35.2% for chat, which is worth knowing before choosing a bank for anything complicated.
Sources
- fidelitygroup.com checked September 26, 2026
Backs: Headquarters
“Leading Private & Offshore Bank in the Bahamas - Fidelity Bank Ltd.”
- fidelitygroup.com/about-fidelity checked September 26, 2026
Backs: Legal entity, Lender type, Pricing model, Monthly fee
“About Us - Fidelity Bank (Bahamas) Limited”
- fidelitygroup.com/best-bank-for-personal-loan-with-low-in... checked September 26, 2026
Backs: Funding time
“We make the process quick and easy with a very short turnaround time. Plus our Personal Loans have a built in savings plan!”
- fidelitygroup.com/best-bank-to-get-a-loan-with-low-intere... checked September 26, 2026
Backs: Loan types, Use cases
“Consumer Loans - Personal, Goods & services, Auto; DebtSaver Loans - Consolidate all your debt into one low monthly payment”
- fidelitygroup.com/best-bank-to-open-savings-account-in-ba... checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type, Term
“Weekly, Bi-weekly or Monthly deposits”
- fidelitygroup.com/contacts checked September 26, 2026
Backs: Support channels
“info@fidelitybahamas.com (242) 356-7764”
- fidelitygroup.com/Document/Fidelity-Bank-Terms-and-Condit... checked September 26, 2026
Backs: Card type, Card network
“The Bank may renew a Visa Debit Card or an Additional Visa Debit Card at its sole discretion”
- fidelitygroup.com/mortgage-application checked September 26, 2026
Backs: Purpose
“Select Purpose Purchase Construction Refinancing Equity Financing Other Purpose”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Currency conversion fee, Free ATM withdrawals, Protection.
Related by the facts
Fidelity Bank Bahamas
Cost conscious savers happy to leave money in a fixed term deposit.