Business credit balance interest
Credit interest rates on our accounts
Deposit Rates
All rates are subject to variation and are correct as of 1st July 2020
Account |
Frequency interest applied |
Rate Bands € |
Current RatesGross % |
Current RatesAER% |
|---|---|---|---|---|
| Liquidity Select | Monthly | Balances up to & including €1,000,000 | 0% | 0% |
| Balances over €1,000,000 | Negative interest rates may apply, contact our business team for details | |||
| Business Current Account | Quarterly at a rate set by the Bank; or Monthly where negative rates are applied | Balances up to & including €1,000,000 | 0% | 0% |
| Balances over €1,000,000 | Negative interest rates may apply, contact our business team for details | |||
| Corporate Current Account | Quarterly at a rate set by the Bank; or Monthly where negative rates are applied | Balances up to & including €1,000,000 | 0% | 0% |
| Balances over €1,000,000 | Negative interest rates may apply, contact our business team for details | |||
| Money Desk Deposits |
Minimum balance €25,000 | For negotiated rates contact our business team | ||
No longer available to new customers
All rates are subject to variation and are correct as of 1st July 2020
Account |
Frequency interest applied |
Rate Bands € |
Current RatesGross % |
Current RatesAER% |
|---|---|---|---|---|
| Special Interest Bearing Account | Quarterly at a rate set by the Bank; or Monthly where negative rates are applied | Balances up to & including €1,000,000 | 0% | 0% |
| Balances over €1,000,000 | Negative interest rates may apply, contact our business team for details | |||
| Liquidity Manager | Monthly | 1 - 5,000,000 |
0.01 | 0.01 |
| Business Reserve | Quarterly | 1 - 5,000,000 | 0.01 | 0.01 |
| 30 Day Business Reserve | Quarterly | 1 + | 0.01 | 0.01 |
| Bonus Access Account | Quarterly (excluding bonuses) |
1-5,000,000 | 0.01 | 0.01 |
| Quarterly (including bonuses) |
1-5,000,000 | 0.02 | 0.02 | |
| 7 Day Liquidity Manager | Monthly | 1 + | 0.01 | 0.01 |
| 30 Day Liquidity Manager | Monthly | 1 + | 0.01 | 0.01 |
| Solicitors Reserve | Quarterly | 1 - 5,000,000 | 0.01 | 0.01 |
All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%. DIRT is not applicable on rates of 0.00% or less.
Gross - is the interest rate paid before the deduction of tax.
AER - Stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year. As every advertisement for a savings product will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.