Once the account balance (including interest added) exceed €100,000 the entire balance will earn interest at the Standard Demand Deposit Account interest rate. Interest is credited to the account annually on 31st December each year.
Regular deposits are not required.
No minimum term
Flexible deposit amounts are permitted
No introductory offers are available.
Joint Account available.
No ATM card.
Restrictions & Charges:
This is a standalone account, you do not require a separate payment account
Minimum age of the account holder is 18 years.
Minimum balance is €3,000.
Maximum balance is €100,000.
Interest payments are subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate, currently 41%.