RaboDirect Online Savings On-Demand (€20,000 and above)
How much will my savings grow?
AER
Typical 2.40% AER
variable
3.10% Fixed gross/AER for amounts from €0 to €20,000. Standard variable rate of 2.4% Gross/AER (variable) on remaining amounts above €20,000.
3.10% Fixed gross/AER for amounts from €0 to €20,000. Standard variable rate of 2.4% Gross/AER (variable) on remaining amounts above €20,000.
Gross rate
2.40%
variable
Minimum balance
€1
Interest payments
At RaboDirect interest is calculated daily and allocated annually.
Withdrawals
Instant access to your savings.
About the Account
Value
Provider
RaboDirect
Account name
Online Savings On-Demand (€20,000 and above)
Minimum regular deposits
Regular deposits are not required.
Minimum term required
No minimum term
Flexible deposit amounts
You can deposit as much or as little as you like in your RaboDirect Savings Account without penalty
Introductory bonus
Conditional bonus
Joint account available
Withdrawal notice period
You can withdraw as much or as little as you like from your RaboDirect Savings Account without penalty.
Interest payments
3.10% Fixed gross/AER for amounts from €0 to €20,000. Standard variable rate of 2.4% Gross/AER (variable) on remaining amounts above €20,000.
ATM card
About the Account
Value
RaboDirect payment account required
This is a standalone account, you do not require a separate payment account from RaboDirect.
Penalties
Age limits
Minimum age 18 years.
Balance limits
Minimum balance €1.
3.10% Fixed gross/AER for amounts from €0 to €20,000. Standard variable rate of 2.4% Gross/AER (variable) on remaining amounts above €20,000.
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
RaboDirect does not charge you for making payments to your account.