Ulster Bank urMoney Account
How will my savings grow?
About the Account
Value
Provider
Ulster Bank
Account name
urMoney Account
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
Additional lodgements of any amount are allowed at any time.
Introductory bonus
Conditional bonus
Joint account available
Withdrawal notice period
Instant access to your savings.
Interest payments
Interest is calculated daily and paid to your account quarterly.
ATM card
For customers aged under 16, CashCARDs are available only with the consent of your parent or guardian.
Account notes
When you reach the age of 18 you will no longer be eligible for the urMoney account and Ulster Bank may convert the account to another account. Ulster Bank will write and tell you at least sixty days before they do this and you will be entitled to transfe
About the Account
Value
Ulster Bank payment account required
This is a standalone account, you do not require a separate payment account from Ulster Bank.
Penalties
Age limits
Minimum age 12 years.
Maximum age 17 years.
Balance limits
Minimum balance €5.
Maximum balance unlimited.
Closing date
Not specified
D.I.R.T.
Interest payments are subject to deposit interest retention tax.
Maximum number of accounts permitted
Not specified.
Fees & charges
Account fee