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Easy Access Reward Account (Rep. of Ireland only)
The product information below relates to accounts that were not transferred to Allied Irish Banks p.l.c. (under a Transfer Order dated 24 February 2011). Irish Bank Resolution Corporation Limited is no longer opening deposit accounts for new deposit customers.
Key Features
- Rate of 3.20% gross/AER comprises a Reward rate of 2.20% gross/AER Fixed payable for Reward period* and a Standard Rate of
1% gross/AER variable payable for the lifetime of the deposit. - *Reward period is the initial 12 months from account opening for which the reward rate is payable if withdrawal limit not exceeded.
- Withdrawal limit - Make up to 2 withdrawals in the Reward period and receive 3.20% gross/AER for the reward period
- A third withdrawal in the Reward period will result in only the Standard rate being applied to the entire balance
- A minimum deposit of €1 and maximum balance of €100,000 applies
Account Information
- There are no handling fees on any of our accounts.
- Interest accrues daily
- No charges for statements and certificates of interest.
- Interest is calculated daily and added to your account annually on the anniversary of account opening
- The account holder may only hold one Easy Access Reward Account at a time
- Please note that the account runs from the account opening date, not the date of your first lodgement.
Terms and Conditions
Gross Returns are subject to DIRT (currently 27%), where appropriate. Terms and Conditions apply. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year