Savings and Investments - Private Banking | Ulster Bank



Important Customer Notice

Update on Ulster Bank Ireland DAC presence in the Republic of Ireland.

For more information please click here.

Customer signing papers

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.
View our terms and conditions (PDF, 341KB)
View our guide to preferential rates and deposit options (PDF, 247KB)


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%

Proactive Insights Every expert in our Private Banking team is at your disposal
Investment planning

We can help you design an appropriate investment strategy - whether it's for building your investment portfolio or funding your children's education.

Specialist Retirement Planning

We specialise in providing tax efficient solutions to both pension planning and exit strategies on retirement for business owners.                 

Financial Planning Advisory Service

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.

Helping to protect your family or business

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.

Private Banking Ready to join Ulster Bank Private Banking?
Talk to us now
Contact our Private Banking team



Call us on 01 770 0736

For 24 hour Private Banking, please use the following numbers:

  • Within the Republic of Ireland: 1850 211 647
  • Outside the Republic of Ireland: 00 353 (0)1 640 1042

Lines are open Monday to Friday 9am-5pm excluding Bank Holidays. Calls may be recorded.

Alternatively, you can email us on:

To qualify, you need an annual income of €150,000 or greater, a joint income of €175,000 or greater, or you may be invited to join. The Private Banking relationship service is available for a monthly account fee of €36. This will be charged to your Private Current Account or ufirst Private Current Account.

Set Tab for lightbox