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Medium term deposit accounts

Deposit funds for a fixed period of time

What is a medium term deposit account?

 

Our medium term accounts let you place a lump sum on deposit for a fixed timeframe they offer you:

 

 

Choice

 

Choose from a Fixed Term or Money Desk deposit account

Confidence

 

Fixed interest rates mean you know in advance what interest your savings will earn

Medium term deposit accounts at a glance

RTE

Fixed Term Deposit

Money Desk Deposit

Who can apply?

Over 18s

Over 18s

Where do I apply?

In branch, Online Online application available to existing Anytime Banking customers applying for a sole account.

In branch

Minimum/maximum balance

€15,000 - €500,000 for terms less than 2 years, €15,000 - €1m for terms of 2 years or more

€15,000 - €500,000 for terms less than 2 years, €15,000 - €1m  for terms of 2 years or more

When can I access my savings?

Access at term maturity

Access at term maturity

When is interest paid?

At end of agreed term or option to receive interest monthly on 2 year term

At end of agreed term, option to receive interest monthly on 2 year term

Rate

Dependent on term 

Linked to money markets. We will quote you a rate before you place your funds

All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 41%. 

Medium term deposit accounts

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