GCB Bank has launched a fully digital fixed deposit platform on its GCB Mobile Banking application, allowing both new and existing customers to open fixed deposits entirely from their smartphones.
Key Features
- 100% digital application: No branch visit required for existing GCB account holders.
- Tenures available: 30, 60, 90, 180 days and 1 year — all accessible in-app.
- Minimum investment: GHS 1,000 (unchanged from branch-based FDs).
- Auto-renewal: Set your FD to auto-roll at maturity with or without interest reinvestment.
- Digital certificate: Receive your Fixed Deposit Certificate as a PDF in-app immediately on opening.
- Rate transparency: See your exact maturity amount before confirming the deposit.
Current GCB Digital FD Rates
- 30 days: 18.5% p.a.
- 90 days: 21.5% p.a.
- 180 days: 22.8% p.a.
- 1 year: 24.0% p.a.
How to Access
Download or update the GCB Mobile Banking app from Google Play or the App Store. Existing GCB customers can access the "Invest" section directly. New customers must first open a GCB current or savings account (in-branch or digitally) before accessing the FD feature.
InvestGH View
This is a welcome development that removes friction from the fixed deposit process. Ghana's banking sector has historically required in-branch visits for term deposits — GCB's digital FD platform brings Ghana's largest indigenous bank in line with best practices in digital banking. We recommend comparing rates across multiple banks before committing — see our Fixed Deposits page for a full rate comparison.