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Savings Account Rate Changes
All changes to savings account rates are shown below
AER rates decreased on both Regular Saver and the Extra Regular Saver accounts.
Rate decreases on the Regular Saver Account and across several fixed-term savings accounts.
Rate decreases across the majority of Bank of Ireland savings accounts
Interest rate cuts across Regular Saver accounts, Term Notice accounts, Standard Demand Deposit accounts and Smart Access accounts.
Rate decrease on the Online Regular Saver (€0 - €50,000) and on the Children's Safari Saver Account (€0 - €19,999)
AER Rate decrease across all Permanent TSB savings accounts
AER/Gross rate on the KBC Extra Regular Saver Account reduced from 2.5% to 2.25%.
AER/Gross rate on KBC’s 35 Day Notice Account Account reduced from 0.65% to 0.50%
12 Month Fixed Term Deposit reduced from 0.60% to 0.20%
Rate increase on 12-Month fixed term (0.01% to 0.10%) and 18-Month fixed term (0.05% to 0.10%).
In the last three months, there have been 2 adjustments to the savings accounts market.
The most recent rate change was announced by KBC on 5 June, 2019, which we consider to be negative for the consumer. The summary of the change is: "AER rates decreased on both Regular Saver and the Extra Regular Saver accounts.."
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