Bayport Ghana review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Bayport Ghana offers a fixed deposit for savers in Ghana who want a locked rate and a known end date. The monthly charge is GHS 0 and terms run 3 to 12, so it fits people who can leave money in place until it matures rather than reaching for it early.
Key facts
- Best for
- A set rate with the monthly fee at GHS 0 and a term of 3 to 12.
- Rate type
- Fixed↗
- Term
- 3 to 12 months↗
- Access terms
- Redemption processed within 24 hours upon maturity (Bayport Fixed Deposit)↗
- Monthly fee
- GHS 0↗
- Account kind
- Fixed↗
- Legal entity
- Bayport Savings and Loans PLC↗
- Headquarters
- Ghana↗
- Founded
- 2003↗
- Support channels
- Phone, Help-centre↗
- Pricing model
- No monthly fee, Fixed rate
- Official website
- bayportghana.com
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- The monthly fee is GHS 0 under a no monthly fee model, so holding the account costs nothing in ongoing charges.
- Terms run 3 to 12 and redemption is processed promptly when the deposit matures, which suits shorter savings goals.
- The provider is Bayport Savings and Loans PLC, founded 2003, based in Ghana and regulated by the Bank of Ghana.
- The rate type is fixed, so the return is known when the account opens and holds through the term.
Cons
- Support runs on phone and help centre only, so anyone who prefers email or live chat has to work with a phone line or the help centre.
- The money is committed for 3 to 12, so an early need for cash means breaking the term.
- The rate is fixed, so there is no upside if market rates rise, unlike the variable rate at XTB.
Who it suits
- Savers in Ghana who want the return fixed at the start of the term and collected on a known date.
- Customers who keep money in place for a set stretch and want the monthly charge kept at GHS 0.
- People who prefer a phone line and a help centre, since support runs on phone and help centre.
Who should look elsewhere
- PayPal Colombia, where the rate type is variable and the return can move with the market.
- XTB, whose rate type is variable, which suits savers who would rather not lock the return in advance.
- eToro, where the rate type is variable and there is no fixed end date to plan around.
How Bayport Ghana compares
8.9 vs 8.6
8.9 vs 9.5
8.9 vs 8.0
8.9 vs 8.9eToro's rate type is variable, which fits savers whose money needs stay flexible.
8.9 vs 8.9
8.9 vs 9.1
8.9 vs 9.1
8.9 vs 8.9
8.9 vs 8.7- 8.9 vs 8.0
8.9 vs 9.0
8.9 vs 8.1
8.9 vs 8.7
8.9 vs 8.0
8.9 vs 9.5
8.9 vs 9.4
8.9 vs 9.3
8.9 vs 9.2
8.9 vs 9.0
8.9 vs 8.7
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 8.5
8.9 vs 8.4
8.9 vs 8.3
8.9 vs 9.0
Where Bayport Ghana is available
- Available
- Ghana
- Licence in Ghana
- Bank of Ghana, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Is this a fixed rate account and what does it hold?+
Bayport Ghana runs a fixed deposit with a fixed rate type, so the return is set when the account opens and holds for the term. The provider is Bayport Savings and Loans PLC, a domestic savings and loans institution, so the money is placed with a Ghanaian lender rather than a digital platform.
What does the account cost each month?+
The monthly fee is GHS 0, and the account is set up on a no monthly fee basis, so there is nothing to budget for each month. The median monthly charge across the savings accounts in this comparison is €0, so fees alone do not set this provider apart.
How long do I leave the money in, and how fast do I get it back?+
Terms run 3 to 12, so the deposit is committed for a set stretch of time. Redemption is processed promptly once the deposit reaches maturity, which means the balance and its return become available when the term ends rather than after an open-ended notice period.
Who runs the provider and who regulates it?+
The provider is Bayport Savings and Loans PLC, founded 2003 and based in Ghana. It is regulated by the Bank of Ghana, so the deposit is held with a supervised domestic institution rather than an offshore platform. The account kind is fixed.
How do I get help with an account?+
Support runs on phone and help centre, which means a phone line and a help centre rather than email or live chat. The phone channel is the direct route for anything tied to a specific deposit, while the help centre suits general questions about the fixed account and its 3 to 12 term.
How does this compare with savings that pay a variable rate?+
The rate here is fixed, while PayPal Colombia, XTB and eToro each pay a variable rate type. A set rate suits savers who want a known figure for planning ahead, while the variable options suit savers who are content to let the return follow the market.
What if I need the money sooner than the term ends?+
The account is a fixed deposit rather than an easy access balance, and terms run 3 to 12. Savings that move with the market, such as those at PayPal Colombia with a variable rate type, give more room for short notice access.
Sources
- bayportghana.com checked September 26, 2026
Backs: Founded, Headquarters, Legal entity
“Bayport Savings and Loans was established in 2003 and now boasts a client base of some 180,153 active borrowers.”
- bayportghana.com/bayport-fixed-deposit-2 checked September 26, 2026
Backs: Access terms, Account kind, Pricing model, Monthly fee, Rate type, Term, Licences
“Prompt Redemption: Benefit from swift customer redemptions processed within 24 hours upon maturity.”
- bayportghana.com/frequently-asked-questions checked September 26, 2026
Backs: Support channels
“Alternatively, you can contact our Customer Service Department on 0302-770991 or on our toll free number on 0800-10016 (Vodafone only)”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Minimum deposit, Deposit protection.