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Republic Bank developed Career Builder to address the growing needs of young adults between the ages of 19-25 years planning their futures. In such a competitive job market, a constant supply of career advice and valuable resources is just what the avid student or conscientious, young professional needs to plan their next step.
Career Builder Accounts
Full-Time Student
Part-Time Student
Young Working Adult
Here are the features of your Full-Time Student and Part-Time Student Career Builder account:
Interest is applied on a tiered basis on a minimum monthly balance of $5,000.00 and over and paid on the 26th of each month in the same period earned.
Reduced interest rates on “Make it Happen” Educational Loans
Here are the features of your Young Working Adult Career Builder account:
Interest is applied on a tiered basis on a minimum monthly balance of $5,000.00 and over and paid on the 26th of each month in the same period earned.
Reduced interest rates on “Make it Happen” Loans
Here are the benefits of your Career Builder accounts:
Republic Credit Card (normal credit card criteria will apply)-this is only applicable to Young Working Adult accounts
Reduced service charges for foreign & local drafts for educational purposes- this is only applicable to Full-Time Student and Part-Time Student accounts
Free quarterly statements
Free POS Transactions at over three hundred (300) locations
Free career adivce
Free financial counselling
Rates for Full-Time Student, Part-Time Student and Young Working AdultCareer Builder accounts:
Amount
Interest Rate
GY $5,000 – GY $99,000
0.44%
GY $100,000 - GY $999,000
0.49%
GY $1,000,000 and over
0.54%
N.B:
Interest for the Full-Time and Part-Time Student is applied on a tiered basis on a minimum monthly balance of $5,000.00 and over and paid on the 26th of each month in the same period earned.
Interest for the Young Working Adult is applied on a tiered basis on a minimum monthly balance of $5,000.00 and over and paid on the 26th of each month in the same period earned.
What you will need
Before visiting our branches, ensure you have the following documents:
Full-Time Student and Part-Time Student Career Builder account
Be enrolled in a course/programme that runs for more than one (1) year
Letter of Acceptance or Status Letter from the Institution
One (1) form of Identification - valid Passport or Identification Card
Proof of Address, Driver’s Licence, or Utility Bill (Light, Water or Landline bill issued within the last 8 months
Account cannot be opened jointly or made joint
The required amount to open the account (GY$5,000)
Young Working Adult Career Builder account
One (1) form of Identification - valid Passport or Identification Card
Proof of Address – Driver’s Licence, or Utility Bill (Light, Water or Landline bill issued within the last 8 months)
TIN Certificate - (also required for foreign nationals working in Guyana)
Account cannot be opened jointly or made joint
The required amount to open the account (GY$5,000)