Important Customer Notice
Update on Ulster Bank Ireland DAC presence in the Republic of Ireland.
For more information please click here.
Savings and Investments
Future planning made easier
Private Reserve Savings Account
An instant access savings account paying a preferential rate of interest each month. You can access and control your money via Anytime Internet Banking, our Private Banking telephone service, in branch or on our mobile app. When you are making a transfer online or over the telephone the limits will be advised to you.
A minimum balance of €15,000 is required. Your Relationship Manager can give you more details on how to open your Private Reserve Savings Account. Only available to Private Banking customers aged over 18, resident in the Republic of Ireland. Terms and conditions apply.
What you need to know
- Interest is calculated daily and paid after tax deductions
- All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%
- If you cancel your subscription to either the ufirst Private or Private Current Account, then we may close your account and transfer the balance to an Easy Access Account.
| Tier | Gross/AER (variable) |
| €15,000 + | 0.15% |
| €0-€14,999 | 0.01% |
Gross: interest rate paid before the deduction of tax. Annual Equivalent Rate (AER): What the interest rate would be if paid and compounded each year.
All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%
We can help you design an appropriate investment strategy - whether it's for building your investment portfolio or funding your children's education.
We specialise in providing tax efficient solutions to both pension planning and exit strategies on retirement for business owners.
Our Specialist Advice Managers will help you get to grips with your financial goals and show you how you can go about making them a reality.
We will work closely with you to understand your family’s estate planning needs as well as protecting you and your business or ensuring it’s survival in the event of a key person passing away.