Ulster Bank Loyalty Saver - Bonus Account (€2,000 - €24,999)

How will my savings grow?

AER
Typical 2.25% AER variable
Interest is made up of standard interest, 1.25% AER (variable), and bonus interest, 1% AER (fixed). Maximum four withdrawals per annum to earn bonus interest.
Gross rate
2.25% variable
Minimum balance
€2,000
Interest payments
Interest (including bonus interest) is calculated daily and paid into your account each January.
Withdrawals
Instant access to your savings. Note: bonus interest may be affected by withdrawals. Check terms & conditions.
About the Account
Value
Provider
Ulster Bank
Account name
Loyalty Saver - Bonus Account (€2,000 - €24,999)
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
True
Introductory bonus
False
Conditional bonus
Bonus interest of 1% paid on if no more than 4 withdrawals are made per year.
Joint account available
True
Withdrawal notice period
Bonus interest will not be paid if you make more than four withdrawals in an annual period. Note: bonus interest may be affected if withdrawals are made. Check terms & conditions for details.
Interest payments
Interest (including bonus interest) is calculated daily and paid into your account each January.
ATM card
False
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
False
Age limits
Minimum age 18 years.
Balance limits
Minimum balance €2,000. Maximum balance €24,999.
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
False