Available to customers aged under 18, resident in the Republic of Ireland. Terms and conditions apply.
At a glanceurfirst (0-11) Savings Account
test Start small. Open the account with just €5
test A relative or friend over 18 can open the account for a loved one
We will need proof of ID and address for you and the child you're opening the account for. Bring along the required documentation and your account will be opened.Identification for the child can be a passport, birth certificate or medical card. Proof of address for a parent or guardian can be used as proof for the child provided surname and address are the same.
Open the account yourself - under 16's will need a parent or guardian to sign the application form to receive a cash card (a Government Stamp Duty charge of 12 cent is applied to each domestic cash withdrawal made at an ATM. The total fee paid per annum per card is capped at €2.50 on ATM only cards and €5 on combined ATM and debit cards, and is applied annually in January).
Your own cash card - you can apply for your own cash card so that you can check your balance, order a statement or take out money whenever you want from any Ulster Bank cash machine with no notice required
We will need proof of identification and address.Identification can be a passport, birth certificate or a medical card. Proof of address for a parent or guardian can be used as proof for those under 18 years provided surname and address are the same. Simply book an appointment at your nearest branch, bring along the required documentation and your account will be opened.
urmoney Savings Account
Frequency interest paid:
0.95% Gross 0.95% AER
All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 35% up to 31 December 2019, 33% from 01 January 2020
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
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 the Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 35%
Our MoneySense AT HOME website is designed to help parents talk to their families about money. The site provides helpful hints, tips and practical exercises on budgeting, managing debt and getting value for money.