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Special Interest Deposit Account, for rainy days, holidays, big days

Apply online

What is a SIDA?

SIDA stands for special interest deposit account. With a SIDA you can save regularly each month by standing order

Start small

You can open your account online, over the phone or in the branch with as little as €1. Save up to a maximum of €1000 every month by standing order

Easy access

Be in control and manage your savings online, over the phone or call into your local branch


Make withdrawals whenever you need to, or change the amount you are saving at any time

The need to knows
  • You can apply for an account at any Ulster Bank branch
  • You need to be over 18 and resident in the Republic of Ireland to open an account
  • You need to register for Anytime Banking to manage your account online or over the phone (when you are making a transfer online or over the phone the limits will be advised to you)
  • Terms and conditions apply
Balance     Gross  / AER Variable     Frequency Interest paid
€1 - €15,000 1.25% Annually in October
> €15,000 -  €100,000 0.50%
  • All returns are subject to Deposit Interest Retention Tax ( DIRT) . Under current legislation the effective DIRT rate is 41%
  • Gross is the interest paid before tax is deducted
  • AER stands for annual equivalent rate and  illustrates what the rate would be if paid and compounded each year

Find out more about how to apply

ub_article_ni_20150501_0174 Apply online

To apply online

Select Apply Now from the Next Steps section below

ub_article_any_20150501_0227 Apply over the phone

To apply over the telephone


Call us on: 1800 303 004

8.30am - 7.30pm Monday and Friday
8.30am - 9pm Tuesday, Wednesday and Thursday. (excl. bank holidays).

Lines are open 24 hours a day. Calls may be recorded.

ub_article_any_20150501_0120 Drop into your local branch

Visit any branch of Ulster Bank to apply.

Find your local branch

Special Interest Deposit Account

Ready to apply?

Apply Now
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