Ulster Bank have made plenty of changes to their regular saver products.
This needs a new thread due to all the changes and the popularity of this product.
UB have removed this product:
UB have launched this product:
Note the changes
1) Rate increased.
2) Cap for high rate dropped from 100K to 15K.
3) Interest changed from quarterly to annually.
If you have the old account, the rate is likely to drop shortly, possibly to 0.01% so you may have to consider switching/moving your lump sum shortly.
This needs a new thread due to all the changes and the popularity of this product.
UB have removed this product:
Ulster Bank: Regular Saver
3.50% up to €100,000.
Note 1: Regular lodgements required (standing order only)
Note 2: Minimum €1 a month; Maximum €1,000.
Note 3: Interest paid on first working day of each quarter.
Note 4: Maximum balance €100,000.
Note 5: Online access to account.
Note 6: Optional ATM card offered.
UB have launched this product:
Ulster Bank: Special Interest Deposit Account.
4.00% up to €15,000.
1.50% from €15,000 to €100,000.
Note 1: Regular lodgements required (standing order only)
Note 2: Minimum €1 a month; Maximum €1,000.
Note 3: Interest paid annually each October.
Note 4: Online access to account.
Note 5: Withdrawals are limited to €13,000 per day to non Ulster Bank accounts.
Note the changes
1) Rate increased.
2) Cap for high rate dropped from 100K to 15K.
3) Interest changed from quarterly to annually.
If you have the old account, the rate is likely to drop shortly, possibly to 0.01% so you may have to consider switching/moving your lump sum shortly.