Major League

You are here:

You are here

Home / Personal / Major League

A value package designed especially for persons 60+!

Our Major League account is specially designed for persons 60 years and older, who are serious savers and offers a unique package of benefits.

Persons 60+ form a league, a Major League that has earned the right to receive special privileges and a host of banking benefits. For this reason, we at Republic consider you extra special and have designed the Major League account. As a Major League account holder, you can enjoy our attractive interest rate and other special benefits associated with this account.

A joint Major League account can also be opened once one of the account holders is 60+.

Interest is calculated on minimum daily balances of GY$5,000: & over and paid monthly on the 27th day of each month.

Here are the features of your Major League account:

Here are the benefits of your Major League account:

Free Republic OneCard/Republic VISA OneCard and ATM transactions

Convenience of 24-hour access to your account via the Blue Machine

The largest ATM network locally

Flexibility of paying for goods and services at over 300 merchants nationwide – no need to carry cash!

FREE Quarterly Statements

To keep track of your account balance

FREE up to the minute access to account information with RepublicOnline and Mobile Banking

No need to leave home or office! Access your account via the internet to:

  • View your:
    • account balance
    • loan balance
    • transaction history
    • statements
  • Transfer funds from one account to another
  • Perform third party transfers to Republic Bank accounts and accounts at other local banks
  • Make payments to your loan
  • Pay your credit card and utility bills, for example, Electricity, Cable, Telephone and Water
  • Initiate international wire transfers
  • Initiate ‘Cardless Cash’ transfer
  • Block/Unblock Republic OneCard/VISA OneCard

50% reduction on the fee for local drafts issued in local currency – only applicable to the account holder who meets the age criteria (if account is joint)

To cater for payments done by way of drafts/Manager cheques
Interest Rates Service Fees

Below GY$5,000 – Nil

GY$5,000 & over – 0.78%

 

The following charges will apply to this account where applicable:-

  • Embassy Statements
  • Foreign Exchange transactions
Safe Deposit Box charges
What you will need

Before visiting our branches, ensure you have the following documents:

New to Republic Bank?

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)
Proof of Income – Job Letter/Payslip or Income & Expenditure Statement if self-employed
TIN Certificate - (also required for foreign nationals working in Guyana)
The required amount to open the account (GY$5,000)

For non-nationals
In addition to the above, the following item must be presented to establish an account for a Foreign National:

A Banker's Reference (conditions apply)

Contact us
Apply Now
Go to top