National Irish Bank Junior Savings Account (€1,000 and above)
How will my savings grow?
About the Account
Value
Provider
National Irish Bank
Account name
Junior Savings Account (€1,000 and above)
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
Payments can be made into the account via regular Standing Order or in one off lump sum payments including cash and cheque lodgements.
Introductory bonus
Conditional bonus
Joint account available
Withdrawal notice period
Instant access to your savings.
Interest payments
Interest is paid annually in December.
ATM card
Account notes
On the day you turn 18, your account will be changed into a deposit account or another similar type of account. The conditions for deposit accounts will then apply to your account.
About the Account
Value
National Irish Bank payment account required
This is a standalone account, you do not require a separate payment account from National Irish Bank.
Penalties
Age limits
Maximum age 18 years.
Balance limits
Minimum balance €1,000.
The maximum initial deposit allowed is €5,000. There is no maximum balance.
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