GTBank
GT Target
High interest account to save towards a target.
- Minimum mandatory standing order of N500.
- Interest forfeited if any withdrawals are made before 6 months.
- 1% additional interest rate if consistent monthly savings is maintained for 12months.
Interest Rate: |
5.25% |
Last Updated: |
May 27, 2026 |
Product Review
Expert Take
GTBank GT Target scores 3.8 out of 5, led by strong minimum opening deposit. The main tradeoff is interest rate/apy.
| Rating Criteria | Product Value | Score |
|---|---|---|
| Interest rate/APY | 5.250% | 2.0/5 |
| Minimum opening deposit | NGN 0.00 | 5.0/5 |
| Withdrawal limits per month | No limit | 5.0/5 |
| Cheque lodgement | Not allowed | 2.0/5 |
| Fees | NGN 0.00 | 5.0/5 |
Review Summary
This GT Target from GTBank has received a rating of 3.8 out of 5 stars. Key advantages include 3 notable benefits. However, there are 2 considerations to be aware of.
Pros
- minimum opening deposit
- withdrawal limits per month
- fees
Cons
- interest rate/apy
- cheque lodgement
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