🏦 Banks
How banks and credit unions work in Trinidad and Tobago, what protects your money (the Deposit Insurance Corporation) and how to choose where to keep your account without paying too much in fees.
What is the Deposit Insurance Corporation and what does it protect?
The DIC protects your money in a bank or licensed non-bank if it fails — up to TT$125,000 per depositor, per institution. How it works, what is covered, and what to do if you hold more.
Read the article →Commercial bank or credit union: which should you choose?
Commercial banks have the widest product range and branch network; credit unions are member-owned and often cheaper for everyday banking and small loans. How to weigh the two.
Read the article →How to choose your first bank account in Trinidad and Tobago
Your everyday account is the hub of your money. How to compare fees, the LINX card or debit card, the app, minimum balances and online banking — and avoid the costs that slip past.
Read the article →Credit reports and credit checks in Trinidad and Tobago: how lenders assess you
When you apply for a loan, credit card or hire purchase, a credit check is done. Why Trinidad and Tobago has no full credit bureau yet, what the 2022 Credit Reporting Act will change, and how lenders assess you now.
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