Best Buy Instant Access & Notice Deposit Accounts

Discussion in 'Deposits' started by CiaranT, Jan 21, 2009.

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  1. CiaranT

    CiaranT .

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    Last edited: May 23, 2016 at 7:52 PM
    Rates are frequently updated. Information last changed: 23 May 2016.

    Highest Variable Rate

    €2,000 to €1,000,000 - Leeds Building Society (Ireland): Freedom 30 (Issue 3) - 1.00%

    Selected Instant Access & Notice Variable Rate Accounts

    Leeds Building Society Ireland: Freedom 30 (Issue 3)
    1.00%
    on €2,500 to €1,000,000
    • Access: One withdrawal per year without notice. Subsequent withdrawals are subject to 30 days notice.
    • Balance cannot fall below €2,500, which is minimum operating balance.
    • Account is operated by cheque. No online access provided.
    • Deposit Protection: The euro equivalent of £75,000 via UK Financial Services Compensation Scheme.

    Nationwide UK (Ireland): Euro Notice Plus Savings Account
    0.77%
    on €2,000 to €2,000,000
    • Access: 30 days notice required with 1 exception. 1 on-demand withdrawal permitted per year free of charge (April – March) to a maximum of 20% of the cleared balance in the account.
    • Interest paid: Annually on 31 March.
    • Deposit Protection: The euro equivalent of £75,000 via UK Financial Services Compensation Scheme.

    Nationwide UK (Ireland): Easy Access Savings Account
    0.76%
    on €2,000 to €2,000,000 with annual interest.
    0.75% on €2,000 to €2,000,000 with monthly interest.
    • Access: Instant access.
    • Interest paid: Option to get paid interest monthly or annually. Monthly interest can be automatically transferred each month to an external bank account.
    • Penalties apply if more than 6 withdrawals are made a year (April to March).
    • Deposit Protection: The euro equivalent of £75,000 via UK Financial Services Compensation Scheme.

    KBC: Smart Access Demand Account
    0.70%
    on €3,000 to €100,000
    0.15% on €100,000 to €1,500,000.01 on the entire balance*
    0.05% on €1,500,000.01+ on the entire balance*
    • Access: Instant access.
    • Interest paid: Annually in December.
    • Read-only online access provided.
    • *Once the account balance (including interest added) exceeds €100,000 the entire balance will earn interest at the KBC Standard Demand Deposit Account interest rate as per the rate above.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    KBC: Online Savings Accounts: Smart Move Online Demand Account
    0.70% less avoidable current account fees* on €0.01 to €100,000
    • Access: Instant access.
    • Interest paid: Annually in December.
    • *It is mandatory to open a KBC Current Account or KBC Extra Current Account in order to be able to open this account. A KBC Current Account will incur maintenance fees and other fees. A KBC Extra Current account will not incur maintenance fees provided you deposit at least €2,500 per month.
    • Ability to ‘sweep’ any excess funds from your KBC Current Account each month.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    RaboDirect: On-Demand Savings
    0.60%*
    on €1 to €50,000
    0.20%* on €50,000 to €5,000,000
    0.00% on €5,000,000+
    • *Rate applies from 31 May 2016.
    • Access: Instant access.
    • Online only.
    • Deposit Protection: €100,000 via Dutch Deposit Guarantee Scheme.

    Permanent TSB: Bonus Booster Account
    0.05%
    on €0.01 to €10,000 excluding bonus.
    0.50% on €0.01 to €10,000 including bonus.
    0.05% on €10,000+ excluding bonus.
    0.55% on €10,000+ including bonus.
    • Access: Instant access but bonus is only paid if you make no more than 2 withdrawals per calendar year (1 January to 31 December inclusive).
    • Interest paid: 31 December or next business day.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    RaboDirect: 90 Day Notice Account
    0.55%*
    on €0.01 to €1,000,000
    0.00% on €1,000,000+
    • *Rate applies from 31 May 2016.
    • Access: 90 days notice required for withdrawals.
    • Online only.
    • Deposit Protection: €100,000 via Dutch Deposit Guarantee Scheme.

    NTMA: State Savings: Deposit Account Plus
    0.50%
    on €1+
    • Access: 30 days notice required for withdrawals.
    • Interest paid: Annually.
    • No withdrawals allowed inside the first 3 months of account opening.
    • No online access provided.
    • This State Savings account is subject to normal DIRT.
    • Deposit Protection: Unlimited via Irish government guarantee.

    Permanent TSB: Broker Deposits: 30 Day Notice
    0.50%
    on €10,000+
    • Access: 30 days notice required for withdrawals.
    • Interest paid: Annually with monthly interest option available on request.
    • Not available for branch opening, account must be opened through a broker.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Permanent TSB: Online 40 Day Notice Account
    0.50%
    on €0.01+
    • Access: 40 days notice required for withdrawals.
    • Interest paid: Annually on first working day after 20 November.
    • Online only.
    • Joint accounts not allowed.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Permanent TSB: 40 Day Notice Savings Account
    0.50%
    on €0.01+
    • Access: 40 days notice required for withdrawals.
    • Interest paid: Annually on first working day after 20 November.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Bank of Ireland: 90 Day Notice
    0.50%
    on €5,000 to €1,000,000
    • Access: 90 days notice required for withdrawals.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Ulster Bank: Private Reserve
    0.01% on €0.01 to €15,000
    0.45%* less €432+** fees per year on €15,000+
    • *Rate applies from 22 July 2016.
    • Access: Instant access.
    • Interest paid: Monthly.
    • NB: You must also open a Private Current Account or a Private Ufirst Current account which will incur fees of **€36 per month for a Private Current Account or €50 per month with a Private Ufirst Current account.
    • This product is aimed at high wealth individuals. You may need to prove your wealth level before opening an account.
    • This product provides access to a relationship manager and other benefits.
    • This product is not available for branch opening, account must be opened via Ulster Bank headquarters.
    • Given the fees involved, and given the fact that there is no cap to above rate, this account may be best suited to those that have a very large deposit to place.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    RaboDirect: 30 Day Notice Account
    0.45%*
    on €0.01 to €1,000,000
    0.00% on €1,000,000+
    • *Rate applies from 31 May 2016.
    • Access: 30 days notice required for withdrawals.
    • Online only.
    • Deposit Protection: €100,000 via Dutch Deposit Guarantee Scheme.

    Bank of Ireland: 60 Day Notice
    0.45%
    on €5,000 to €1,000,000
    • Access: 60 days notice required for withdrawals.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Ulster Bank: Loyalty Saver
    0.01%
    on €0.01 to €2,000
    0.10%* on €2,000 to €25,000 excluding bonus.
    0.20%* ** on €2,000 to €25,000 including bonus.
    0.30%* on €25,000 to €1,000,000 excluding bonus.
    0.40%* ** on €25,000 to €1,000,000 including bonus.
    • *Rate applies from 22 July 2016.
    • Access: Instant access.
    • Interest paid: Annually each January.
    • **Rate above includes a bonus. This bonus is only paid if you make no more than 4 withdrawals in an annual period.
    • If you close your account at any stage during the year the bonus interest will not be paid.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    AIB: Private Banking Demand Account
    0.05%
    on €0 to €49,999
    0.40% on €50,000+
    • Access: Instant access.
    • Interest paid: Bi-annually in April and October.
    • You must be a Private Banking personal customer or a sole trader/partnership or charity to open this account. Becoming Private Banking personal customer may incur other fees.
    • Lodgements/withdrawals can only be made from another AIB account. Therefore, customer must keep another AIB account open.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    EBS: High Yield Access
    0.20%*
    on €0.01 to €99,999
    0.30%* on €100,000 to €249,999
    0.40%* on €250,000+
    • *Rate applies from 7 June 2016.
    • Access: Instant access.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    AIB: Online Notice Deposit 21
    0.25%
    on €0 to €1,000,000
    • Access: 21 days notice required for withdrawals.
    • Interest paid: Bi-annually in April and October.
    • Online only.
    • Customers must already have an AIB account and be registered for phone and internet banking.
    • One withdrawal per notice and at most one notice pending at any time.
    • Lodgements/withdrawals can only be made from another AIB account. Therefore, customer must keep another AIB account open.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Bank of Ireland: 365 30-Day Notice Account
    0.25%
    on €5,000 to €1,000,000
    • Access: 30 days notice required for withdrawals.
    • Online and by phone only.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    EBS: 40 Day Notice Account
    0.20%
    on €0.01+
    • Access: 40 days notice required.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    KBC: Standard Demand Deposit Account
    0.15%
    on €0.01 to €1,500,000
    0.05% on €1,500,000.01+
    • Access: Instant access.
    • Interest paid: Twice annually.
    • Minimum account opening balance €3,000.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Permanent TSB: Online Instant Access Account
    0.15%
    on €0.01 to €50,000
    0.10%* on €50,000.01+
    • Access: Instant access.
    • Interest paid: Annually on first working day after 20 November.
    • *Once the balance in your account goes over €50,000 the interest rate on the whole balance earns 0.10% AER variable.
    • Online only.
    • Joint accounts not allowed.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    AIB: Online Notice Deposit 7
    0.15%
    on €0.01 to €1,000,000
    • Access: 7 days notice required for withdrawals.
    • Interest paid: Bi-annually in April and October.
    • Online only.
    • Customers must already have an AIB account and be registered for phone and internet banking.
    • One withdrawal per notice and at most one notice pending at any time.
    • Lodgements/withdrawals can only be made from another AIB account. Therefore, customer must keep another AIB account open.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Bank of Ireland: 31 Day Set Notice Account
    0.15%
    on €5,000 to €1,000,000
    • Access: 31 days notice required for withdrawals.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    EBS: Access 30
    0.03%
    on €0.01 to €49,999
    0.10% on €50,000 to €99,999
    0.10% on €100,000+
    • Access: Instant access.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    AIB: Access Deposit 30
    0.10%
    on €0.01+
    • Access: 30 days notice required for withdrawals.
    • Interest paid: Bi-annually in April and October.
    • One withdrawal per notice and at most one notice pending at any time.
    • Lodgements/withdrawals can only be made from another AIB account. Therefore, customer must keep another AIB account open.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.


    AIB: Notice Deposit 7
    0.05%
    on €0.01+
    • Access: 7 days notice required for withdrawals.
    • Interest paid: Annually.
    • One withdrawal per notice and at most one notice pending at any time.
    • Lodgements/withdrawals can only be made from another AIB account. Therefore, customer must keep another AIB account open.
    • Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

    Notes:

    Deposit Protection Schemes:
    Further Information:
    • Instant access and notice account rates and products change frequently. Ensure you regularly check your rate to ensure you are getting the best return for your money.
    • All rates are AER and are stated before deduction of Deposit Interest Retention Tax (DIRT).
    • Post updates / suggestions in the deposits and savings forum.
    • If you want to save on a regular basis, you should also consider regular saver accounts, some of which offer higher rates, than some of the instant access accounts above.
    • There are other best buy threads for term deposits, regular saver accounts and current accounts.
    • Most credit unions pay very low rates on deposits and shares, but some pay good rates. It might be worth your while investigating the rate offered by your local credit union.
    Rate and Product Updates:
    • If you want email updates on instant access and notice account rate changes, you can subscribe to this thread.
     
    Last edited: May 23, 2016 at 7:52 PM
  2. CiaranT

    CiaranT .

    Posts:
    4,201
    Top post updated.

    Ulster Bank have reduced their deposit rates effective 22 July 2016.
     
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