Medium term deposit accounts
Lock your money away for a set timeframe and we'll guarantee the interest rate for the full term
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:
testChoice
Choose from a Fixed Term or Money Desk deposit account
testConfidence
Fixed interest rates mean you know in advance what interest your savings will earn
Medium term deposit accounts at a glance
|
|
Fixed Term Deposit |
Money Desk Deposit |
|---|---|---|
|
Who can apply? |
Republic of Ireland residents aged 18 or over |
Republic of Ireland residents aged 18 or over |
|
Where do I apply? |
In branch, Online |
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 |
At end of agreed 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 37%
You can find out more about the Deposit Guarantee Scheme by:
testVisting the Deposit Guarantee Scheme website
testCalling 1890 777 777
testEmailing:info@depositguarantee.ie