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Bank of Ireland Young Saver

Child saver | Regular saver | No minimum term | Minimum monthly: €0 | Rate: 2.5% AER (variable)

Account details

  • Interest rate of 2.5% on balances of up to €5,000
  • No minimum monthly deposit. No maximum monthly deposit.
  • No minimum term.
  • You can save any amount, as often as you like. A Bank of Ireland Young Savers Account is suitable for parents and guardians who want to open a savings account for a child, to make payments into on their behalf.
  • Flexible deposit amounts are permitted.
  • Credited quarterly.
  • No introductory offers are available.
  • If the account balance goes over €5,000 you lose the Bonus Rate for good on the whole balance in your account and the variable rate of interest (currently 0.25%) will apply. Even if you reduce your balance back to €5,000 or less the variable rate of interest (currently 0.25%) will be applied. A conditional bonus is available.
  • Joint Account not available.
  • No ATM card.


Bank of Ireland Young Saver

(€0 - €5000)
2.5% AER (variable)

Instant access to your savings

Restrictions & charges

About the account

  • Maximum age of the account holder is 12 years.
  • Minimum balance is €1.
  • Maximum balance is €5,000.
  • Interest payments are subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate.
  • Bank of Ireland Young Savers Account holders are exempt from all account maintenance and transaction fees on their Bank of Ireland Savers Account. Other service charges may apply.
  • No fees or charges are levied.
  • Young Savers account is opened in the name of the child and it is their account.

Bank of Ireland Young Saver

(€0 - €5000)
2.5% AER (variable)

Instant access to your savings


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