The Sky's the Limit!
Want to start saving, but don’t want to deny yourself the occasional treat? Our Flexible Saver lets you make multiple deposits and withdrawals.
Our seasoned experts are available to boost your professional reputation, balance your budget, and more.
- US dollar denominated savings account
- AA-(Ika) Fitch Ratings Lanka Ltd
- Highest rates for short term in USD
- Flexible terms
- 3.65% gross*/AER*/APR annual (variable)
About
Can the interest rate change?
Yes. This is a variable rate product, hence the interest rate may increase or decrease. (Notice period is a minimum 30 days before rate change)
What would the estimated balance be based on a US$ 100,000 savings?
US$ 103,250 Based on a US$ 100,000 savings @ 3.25% interest rate over 1 year. This calculation is provided for illustrative purposes only and does not take into account your individual circumstances. It is assumed that a deposit had been made and maintained over a period of 12 months. This is based on no withdrawals or further deposits being made and interest being added to the account. The projected balance is based on the annual interest rate with the assumption that the rate had remained constant throughout the deposit period.
Secure a Great Rate.
Gross*/AER*/APR annual
3.65%
What to look for when choosing a savings product
These three questions can help you quickly decide which kind of product may be best for you.
Flexible. Solid. Attractive Rate of Return.
If you are looking for a solid savings plan that gives you flexibility with an attractive rate of return in USD, look no further. Sky High Savings does just that for you. Sky High Savings is a savings that pays you an unbeatable return for your hard earned savings.
International Credit Rating
B1 - Country rating - Moody’s Investors Service Inc
B1 - Bank rating - Moody’s Investors Service Inc
Simple. Easy. Unlimited
- Minimum savings US$ 25,000
- Maximum savings up to US$ 1,000,000
- Minimum balance to be maintained for the plan US$ 25,000
- Make unlimited deposits whenever you want
- Unlimited withdrawals (free of charge)
- Accounts can be opened singly or jointly
- Interest can be paid monthly or quarterly
Disclaimer: The information provided above is a summary of the key features of the Sky High Savings and is not intended to be a substitute for reading the Product Terms and Conditions. Please make sure you have read the Product Terms and Conditions before applying.
Choose your product:
| Savings amount | Interest rate |
|---|---|
| US $1,000 - US $99,000 | 3.35% gross*/AER*/APR annual (variable) |
| US $100,000 and above | 3.65% gross*/AER*/APR annual (variable) |
Note
Interest is calculated daily and paid monthly, quarterly or annually;
This is a variable rate product, hence the interest rate may increase or decrease. There will be a notice period of a minimum 30 days before rate change
The monthly or quarterly interest payout is transferred to your designated savings or checking account on the 7th day (or the next working day) of the following month.
Need to talk to us? Our phone lines are open.
Call us on 800-953-3554
About
Sky High Savings
Sky High Savings is a product of Solid Oak Financial, an investment management company with a proven track record of successful investments for the last 15 years. With Solid Oak Financial, you know exactly what to expect. Because of constant return of investments, our clients trust us and our guidance.
Customer First
We build on that trust by developing a personal relationship with each investor through our constant email and phone communications. They know that if they ever have a question or concern, they have a real person to turn to: a person who actually cares and has the financial knowledge to match.
Flexible
Sky High Savings gives you much more flexibility than a fixed deposit products. You can make the best out of your savings knowing that you have the funds if you really needed it, while still being able to earn a high rate of interest without the limitations of withdrawals.
Need to
talk to us?
Ready to take it a step further?
Let's start talking about your requirements and find out how Sky High Savings can help your business grow.
+1 800-953-3554 ceo@solidoakfinancial.comImportant Information
AER/APR
AER stands for Annual Equivalent Rate, which is comparable to the Annual Percentage Rate (APR), an annual interest rate payable on mortgages, loans, credit cards and other credit products. This shows what the gross rate would be if interest was paid and compounded each year. Every savings product will communicate an AER, so you’ll be able to compare product rates more easily.
Tax-Free
Tax-free means you are exempt from US Income Tax.
The Tax treatment is dependent on the personal circumstances of each customer and may be subject to change in the future.
Gross Rate
Gross p.a. (per annum) is the taxable rate of interest without the deduction of IRS Income Tax, per year.
Penalty Rate
This is a loss of interest applied if you make a withdrawal outside the Terms and Conditions of the chosen product.
