Understanding Fixed Deposit Returns vs. Treasury Bills
Which one is right for your goals? A clear, jargon-free breakdown.
If you have money sitting idle in a current account, you're losing to inflation every single day. Two of the most popular options to make that money work in Ghana are Fixed Deposits and Treasury Bills. Let's compare them honestly.
Fixed Deposits lock your money for a set period (typically 3, 6, or 12 months) in exchange for a guaranteed interest rate. With Shield, you can start from as little as GH₵500, and you know exactly what you'll earn the day you deposit.
Treasury Bills are short-term debt instruments issued by the Government of Ghana. The minimum is usually higher and the process involves the Bank of Ghana or your bank acting as agent.
Both are low-risk. The real question is access. Fixed Deposits with Shield are simpler to open, easier to top up, and our team walks you through everything in person or over WhatsApp.
Our suggestion: use Fixed Deposits for goals 3–12 months out (rent, school fees, business reinvestment). Whatever you choose, just don't leave the money idle. That's the only choice with a guaranteed loss.
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