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2024Best Consumer Digital Bank in Barbados

SagicorBankhasthefinancialtoolstomeetallyourneeds.

We identified everything people hate about banking and built the fix. Open an account, apply for a loan, move money and manage cards — from your phone, in Barbados, in minutes.

  • Open an account in minutes
  • Chip & PIN Mastercard
  • No monthly fees
A Sagicor Bank team member helping two clients at a Smart ABM in branch
The Sagicor Bank Mobile App showing a .deposit account balance
Sagicor Pay+$250.00 received
  • USDbuy1.99375sell2.02768
  • GBPbuy2.69226sell2.74273
  • EURbuy2.30834sell2.35162
  • CADbuy1.43421sell1.46421
  • XCDbuy0.73843sell0.74306
  • BZDbuy0.99688sell1.00313
  • GYDbuy0.00962sell0.00968

10

Smart ABMs across Barbados

Deposit, withdraw, transfer, print

15

Products, all opened in-app

Deposits, savings, loans and cards

$0

Monthly fee on .deposit

And no minimum opening balance

24/7

Banking that never closes

App, ABM and virtual assistant

Why Sagicor Bank

We found everything people hate about banking and fixed it.

Sagicor Bank (Barbados) Limited is a dynamic digital-first financial institution. As the first truly digital bank in the Caribbean, we're not like other banks — though other banks aspire to be like us.

Digital first, genuinely

Account opening, loan applications, card activation and repayments all happen in the app — not in a queue.

Security you can feel

Chip-and-PIN Mastercards, in-app activation, cardless ABM access and a fraud agency dedicated to keeping you safe.

Fees that make sense

No monthly fee and no minimum opening balance on .deposit. No penalties for repaying a loan early.

People when you need them

Our Client Experience Centre and Dot, our virtual assistant, are there whenever something needs a human answer.

Our products

Financial tools for every stage of the journey.

Fifteen products, from a first children's account to a mortgage — every one of them applied for, approved and managed from your phone.

Sagicor Pay

Send money with a phone number.

A simple way to move funds between Sagicor Bank (Barbados) clients using just a mobile number or an email address. No account numbers. No fees. No daily limits.

  • Send with a mobile number
  • Or an email address
  • No fees, no transfer limits
The Sagicor Bank app home screen with the Pay button

Step 1 of 4

Plan it out

See what a Sagicor Bank loan looks like.

Move the sliders to get a feel for the monthly commitment before you apply. Up to 100% financing, and never a penalty for paying it off early.
$15,000
$2,000$30,000
4 years
1 year5 years

Figures are illustrative and assume an indicative rate of 10.5% per annum. They are not an offer of credit. Your actual rate depends on your application and credit assessment.

Estimated monthly payment

$384.05

Indicative rate
10.5% p.a.
Total interest
$3,434
Total repayable
$18,434
Apply for .unsecured

No penalties for early repayment.

Recognised

Awarded for the work, and for the way we do it.

Best Consumer Digital Bank

Barbados, 2024 — awarded by Global Finance.

Addy Awards 2024

Recognised for the creative work behind the brand.

Sagicor Bank staff assisting clients at a Smart ABM in branch

Community involvement

A digital bank in a real world, with real people.

How we support Barbados

Ready when you are

Join Sagicor Bank

Open your account in the app in minutes — no branch visit, no paperwork, no monthly fees.