RaboDirect 5 Year Term Deposit Account

5 year



Minimum deposit



  • Term deposit
  • Online only
  • Internet banking
Account Details

About the Account:

  • This account does not permit regular deposits to be made.
  • The minimum term is 60 months.
  • You cannot add to a Term Deposit once opened, however you can open an additional Term Deposit account.
  • Interest is paid annually, on the anniversary of opening the Term Deposit account.
  • No introductory offers are available.
  • Joint Account available.
  • No ATM card.

Restrictions & Charges:

  • Before you can open a Term Deposit account, you will need to open a RaboDirect Savings account.
  • Minimum age of the account holder is 18 years.
  • Minimum balance is €500.
  • Maximum balance is unlimited.
  • Interest payments are subject to Deposit Interest Retention Tax (DIRT) at the prevailing rate, currently 39%.
  • RaboDirect do not impose any fees or charges on Term Deposit accounts.
  • No fees or charges are levied.
  • Withdrawing early from a Term Deposit will incur a penalty.



RaboDirect 5 Year Term Deposit Account

Withdrawing early from a Term Deposit will incur a penalty.


Save Time & Money

Hunting for the best deal can be tricky and very time consuming. We bring the best deals to you in one place and make comparing them a cinch!


About Us

Since we launched in mid-2010, we've won multiple awards (including Best Website in Ireland) so you can rest assured you're dealing with the best.


You Can Trust Us

We show all deals with the fullest of information so you can make your choice more quickly and more easily.

By using this website, you agree to be bound by our Terms of Use and consent to the use of cookies in accordance with our Cookie Policy.