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AIB | Regular Savings Account | 3.50%1 | Yes, see footnote below.1 | €10 | €500 | Unlimited | | Parent Saver Account | 5.00%2 | Yes3 | No minimum | €200 | Unlimited | |
An Post | Instalment Savings | 3.37%4, 5, 6 | None | €25 | €1,000 | None | |
Bank of Ireland | Easysaver | 3.25%7 | None | €20 | €500 | Four | |
EBS | Optimise Flexible Savings Account8 | 1.00%9 | No | €5 | €1,000 | Unlimited | | Family Savings Account | 4.00%10 | Rate is fixed for a 12 month period | €100 | €1,000 | Two11 | |
Irish Nationwide Building Society | Regular Saver Deposit Account | 3.35%12 | Yes, see footnote below12 | €100 | €1,000 (Joint account is €2,000)13 | Two | |
National Irish Bank | Flexible Savings Account14 | 1.00% | None | No minimum | No maximum | Unlimited | |
Nationwide UK (Ireland) | Easy Access Savings Account | 3.30% | None | No mimimum15 | No maximum | Six | |
Permanent TSB | 21 Day Notice | 4.00% | None | €1.00 | €1,000 | Unlimited but if 21 days notice is not provided, withdrawal is subject to charge.16 | |
RaboDirect17 | RaboDirect Savings Account | 2.00% | None | No minimum | No maximum | Unlimited | |
Ulster Bank | Regular Savings Account | 3.50% | None | €1 | €1,000 | Unlimited | - For accounts opened after 14 April 2009, the AER interest rate will at least match ECB rate + 2.50% for twelve months from the account opening date. At the end of the twelve month period the account will automatically change to the standard variable interest rate applicable to the product at the time.
- The interest rate on the AIB Parent Saver Account is guaranteed to be 4% above ECB rate until 20 May 2010.
- The rate above applies for 12 month savings periods. At the end of each saving year the balance from the account will automatically be transferred to a deposit account called the AIB Parent Deposit Account. The interest rate for the AIB Parent Deposit Account is 0.50% A.E.R. Both accounts are opened for you at the same time. You can take money out of either account at any time.
- Interest on An Post Instalment Savings is tax free.
- For further details of the interest accruing during the 5 years contact An Post or your local Post Office.
- Instalment Savings is a scheme where the saver agrees to pay a stated sum each month for a 12 month period. Interest accrues on a yearly basis after the completion of the savings cycle. The amount grows each year to a total of 20% after 5 years (after the end of the savings period). This is equivalent to 3.37% (taking account of the contribution period). To maximise the interest return the savings should be left on deposit for the full 5 year term i.e. 6 years after the first instalment was made. The saver can choose not to save in a particular month.
- 3.25% on balances up to €5,000 and 1.00% on balances above €5,000.
- Customers will gain membership of EBS.
- This interest rate will not be less than the ECB rate until 30 April 2010.
- The rate above applies for the first 12 months only. When the account matures after 12 months customers can withdraw their savings or sign up for another 12 month term with a new interest rate applying. The rate of interest customers will get for the second year is 3%.
- One withdrawal is allowed during the first year term and another withdrawal on the maturity date.
- Interest guaranteed to be 1% above ECB rate until 31 December 2010.
- You can open an account as the sole account holder or with someone else as joint account holders but you can not open both sole and joint accounts.
- Only one account permitted per customer.
- A minimum of €2,000 is required to first open an Easy Access Savings Account . There is no requirement to make a lodgement each month.
- If less than 21 days notice is given, a penalty of 0.016% interest will be charged on the amount withdrawn for each day notice is not provided.
- Only available online.
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