Premium Demand Account
Key Features
- Rate of 3.10% Gross/AER variable (with a minimum ECB +0.5% rate guarantee until 1st January 2011) is applied to accounts with balances from €1 up to and including €100,000 (after 1st January 2011, the prevailing rate will apply)
- Standard variable rate of 2.80% Gross/AER(with a minimum ECB rate guarantee until 1st January 2011) applied to accounts with balances greater than €100,000, up to a maximum of €1,000,000 (after 1st January 2011, the prevailing rate will apply)
- Addition of interest may bring the balance over €100,000 resulting in a lower rate of 2.80% Gross/AER Variable applying to the entire amount
- No notice required for withdrawals
Account Information
- Interest accrues daily
- Interest credited to the account annually on last working day of December each year
- The account holder may only hold one Premium Demand Account at a time
- Consistently competitive interest rates
- Available by post, telephone or branch
Open an account today; are you
Terms and Conditions
Gross Returns are subject to DIRT (currently 25%), 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.