JetonBank review

JetonBank pays a headline rate of 6.25% on its savings. The rate is fixed, so the figure holds for the whole term rather than moving with the market. That sits well above the savings median of 3% across the market.

Terms run 1 to 12, so you choose a window from a single month up to a full year. The account is fixed, which means the money is tied up until the term ends. If you need access sooner, this is not the right account.

JetonBank is regulated in Dominica by the Financial Services Unit, Ministry of Finance of the Commonwealth of Dominica. The savings sit in a fixed account, and the balance is reached through the online multi-currency dashboard. The deposit protection detail is not covered here.

Yes. Savings are held in different currencies and all reached through the online multi-currency dashboard. That suits anyone earning or spending in more than one currency, since balances sit together on one screen. The headline rate of 6.25% is the figure quoted for the account.

JetonBank was founded in 2018 and operates as Jeton Bank Limited from DM. It is a fixed-rate savings provider rather than a broad high street bank, with terms running 1 to 12. Anyone deciding on a longer horizon may prefer a more established provider.

Support runs on email and chat, which means email and chat are the ways to reach the team. There is no phone channel listed, so a question that needs a spoken answer will have to go in writing. That is worth knowing before you open a fixed account.

JetonBank's 6.25% is above Wise at 3.29% and bunq at 3.01%. Its terms of 1 to 12 sit at the shorter end of the term deposit range, which is 1 to 120.

A fixed account suits money you will not need during the term, because the rate of 6.25% is locked in and you cannot withdraw early. If your savings may be needed, an easy-access account elsewhere would be safer. The trade-off is a known return against losing flexibility.