Bank Account Interest Rates in the Cayman Islands

The Cayman Islands is a British Overseas Territory located to east of Mexico and south of Cuba. It is a major offshore financial centre and is popular with some hedge funds, banks and other corporate entities due to its taxation laws. Its inflation ad indicated by cia.gov is 3.4% in 2011 and 0.3% in 2010. Its currency is the Cayman Islands dollar (KYD) and is pegged to the US dollar.

Top Deposit Accounts in Cayman Islands

Deposit Account Type Term APY Account Details
Butterfield 1 Year USD Fixed Deposit 1 year 0.45% This deposit account interest rate is for accounts with balances over 1 million USD. - USD - Dec, 2013 More Info