AIB Parent Deposit Account
How will my savings grow?
About the Account
Value
Provider
AIB
Account name
Parent Deposit Account
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
Lodgements can be made at any time into this account. It allows you the flexibility to save larger sums for those times when you, or your child, have that bit extra.
Introductory bonus
Conditional bonus
Joint account available
You may open up to four AIB Parent Deposit Accounts, and these can be in your sole name or jointly with another customer, subject to a maximum of two parties per joint account.
Withdrawal notice period
You have the flexibility to withdraw your money from this account at any time without penalty.
Interest payments
Annually
ATM card
Account notes
About the Account
Value
AIB payment account required
When you sign up for the AIB Parent Saver Plan, AIB will open up two accounts for you - The Parent Saver Account and the Parent Deposit Account. Both accounts are in the name of the parent/guardian (or third party), and not the child.
Penalties
For those unexpected emergencies you have the flexibility of withdrawing your money at any time without penalty
Age limits
Minimum age 18 years.
Balance limits
Minimum balance €0.
There are no restrictions on the amount you can save.
Closing date
Not specified
D.I.R.T.
Interest payments are subject to deposit interest retention tax.
Maximum number of accounts permitted
You may open up to four AIB Parent Deposit Accounts, and these can be in your sole name or jointly with another customer, subject to a maximum of two parties per joint account.
Fees & charges
Account fee
No fees or charges apply