Capita Financial Services review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Capita Financial Services pays a fixed rate with a monthly fee of BBD 0 and a BBD 1,000 minimum, suiting Barbadian savers who can leave the money untouched. The trade-off is commitment: funds are locked for 12 to 60 and early redemption brings a penalty.
Key facts
- Best for
- A fee-free fixed-rate deposit in Barbados for savers who can commit to 12 to 60.
- Rate type
- Fixed↗
- Term
- 12 to 60 months↗
- Minimum deposit
- BBD 1,000↗
- Access terms
- Interest paid quarterly, semi-annually or at maturity; funds locked for the term; early redemption penalty 0.18% to 1.25%; auto-renews annually at the prevailing rate↗
- Monthly fee
- BBD 0↗
- Account kind
- Fixed↗
- Legal entity
- Capita Financial Services Inc.↗
- Headquarters
- Barbados↗
- Founded
- 1984↗
- Support channels
- Email, Phone, Help-centre↗
- Pricing model
- No monthly fee, Fixed rate
- Official website
- capitacaribbean.com
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Elsewhere
- LinkedInfacebook.cominstagram.com
Pros and cons
Pros
- Monthly fee of BBD 0, in line with the €0 typical across savings accounts here.
- The rate is fixed, and interest can be paid quarterly, semi-annually or at maturity.
- Support runs on email, phone and help centre, against a 40% share of accounts offering live chat.
- Terms of 12 to 60 reach the 60 top of the site's range.
Cons
- Funds are locked for the term and early redemption carries a penalty, so the money is gone for 12 to 60 at the longest end.
- The BBD 1,000 minimum is far above the €10 typical of fixed-rate accounts.
- Fixed rates cover 21% of accounts on the site, against 79% on variable.
Who it suits
- Barbados savers who can put BBD 1,000 away and leave it for the whole term.
- Anyone who wants the rate held steady while others move, since the account is fixed.
- People who prefer phone or email when they need help, with support on email, phone and help centre.
Who should look elsewhere
- PayPal Colombia, at variable, for anyone who wants the return to track the market rather than a set term.
- XTB, at variable, for savers who would rather hold a rate that changes than commit to the full term.
- eToro, at variable, for anyone wanting a market-linked rate instead of a fixed deposit.
Rates and card terms
The rate is fixed, so the return is set when the account opens and does not follow the market up or down. Terms run 12 to 60, which lets a saver line the deposit up with a known goal rather than sit at a rate that can change. The shortest terms suit money that could be needed sooner, and the longest hold the rate steady for years.
How Capita Financial Services compares
9.5 vs 8.6
9.5 vs 9.5
9.5 vs 8.0
9.5 vs 8.9Pays a variable rate (variable), a better fit for savers who want a market-linked return than a deposit fixed for 12 to 60.
Capita Financial Services vs Finom9.5 vs 8.9
9.5 vs 9.1
9.5 vs 9.1
9.5 vs 8.9
9.5 vs 8.7- 9.5 vs 8.0
9.5 vs 9.0
9.5 vs 8.1
Capita Financial Services vs iuvoSAVE9.5 vs 8.7
9.5 vs 8.0
9.5 vs 9.5
9.5 vs 9.4
9.5 vs 9.3
9.5 vs 9.2
9.5 vs 9.0
9.5 vs 8.7
9.5 vs 8.5
9.5 vs 8.5
9.5 vs 8.5
9.5 vs 8.4
9.5 vs 8.3
9.5 vs 9.0
Where Capita Financial Services is available
- Available
- Barbados, Saint Lucia
- Licence in Barbados
- Central Bank of Barbados, checked September 26, 2026
- Licence in Barbados
- Financial Services Commission of Barbados, checked September 26, 2026
- Licence in Barbados
- Barbados Deposit Insurance Corporation, checked September 26, 2026
- Licence in Saint Lucia
- Eastern Caribbean Central Bank, checked September 26, 2026
- Licence in Saint Lucia
- Financial Services Regulatory Authority, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to keep the account?+
The monthly fee on the fixed account is BBD 0, and the account model is no monthly fee and fixed rate, so holding the balance carries no routine charge. That matches the €0 median across savings accounts here, where the top of the range reaches €449.
Who regulates the bank?+
The listed regulators in Barbados are the Central Bank of Barbados and the Financial Services Commission of Barbados, with the Barbados Deposit Insurance Corporation named alongside them, and the Eastern Caribbean Central Bank and the Financial Services Regulatory Authority for the region. The entity behind the account is Capita Financial Services Inc., headquartered in Barbados.
How and when is interest paid?+
Interest can be paid quarterly, semi-annually or at maturity, so savers can take income through the term or wait for the end. The deposit renews each year at the prevailing rate, so the fixed rate holds for the current period and a renewal takes whatever rate is current then.
How much do I need to open it?+
The minimum deposit is BBD 1,000. That is a big step up from the €0 seen across savings accounts on the site, and from the €10 typical of fixed-rate accounts, so a saver starting small would need to build up to the threshold first.
Can I get the money out early?+
Funds are locked for the term, and withdrawing before maturity brings a penalty. Terms run 12 to 60, so the length of the commitment is the saver's choice. Anyone who could need the balance sooner is better served by the shortest term than by the most attractive rate.
How do I get help?+
Support runs on email, phone and help centre, so a question reaches a person by phone or email rather than a chat window. Phone is offered by 79.5% of accounts across the site and a help centre by 86.1%, which makes this a wider spread than chat alone.
How does it compare with PayPal Colombia, XTB and eToro?+
PayPal Colombia pays a variable rate (variable), as do XTB (variable) and eToro (variable). Capita Financial Services is the fixed-rate one, so the return holds for 12 to 60 instead of moving with the market.
Sources
- capitacaribbean.com checked September 26, 2026
Backs: Support channels
“(246) 622-9200 ... info@capitacaribbean.com ... Frequently Asked Questions? ... Book An Appointment”
- capitacaribbean.com/corporate-profile checked September 26, 2026
Backs: Headquarters, Licences
“The company operates from is headquarters on the 2nd Floor of the Co-operators General Insurance Building, Upper Collymore Rock, St. Michael”
- capitacaribbean.com/evergreen-account checked September 26, 2026
Backs: Account kind, Minimum deposit, Pricing model, Monthly fee, Term
“The Evergreen Deposit Account is a fixed-term deposit that provides a guaranteed rate of return over a specific period.”
- capitacaribbean.com/history checked September 26, 2026
Backs: Founded
“Capita's story began in May 1984 when it was first established as the Caribbean Commercial Trust Company ... the company was rebranded in September 2010 as Capita Financial Services Inc.”
- capitacaribbean.com/promotions checked September 26, 2026
Backs: Rate type
“your interest rate remains fixed until maturity”
- capitacaribbean.com/term-deposits-personal-terms checked September 26, 2026
Backs: Access terms, Legal entity
“Interest is paid quarterly, semi-annually or at maturity; no withdrawal allowed during the term; early redemption penalty 0.18% (3mths) to 1.25% (5 years); renews for one year at the prevailing rate”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Headline rate, Deposit protection.
Related by the facts
Capita Financial Services
A fee-free fixed-rate deposit in Barbados for savers who can commit to 12 to 60.