AIB 2.77% 2 Year Deposit Until 12 May

[Dublin85]

very good info Freelance. prob best to assume there is no access whatsoever in that case

 

[blackdog]

It's a really punitive T&C, especially over that term, which AIB would do well to look at.
Life and circumstances can change hugely over 2 years, with an "expanding funnel of doubt"... the risk of being left high and dry must be weighed against a reward of 3.5% in two years before price inflation (net, assuming PRSI liable).
If you're committed to deposits you could even go for a 3 year State Savings Bond paying 4% net in 3 years, with the option to withdraw on demand at any point (albeit foregoing interest).
I find it hard to sign up for the 2 year fixed term except for balances which I know I'll want to be holding as an absolute minimum in 2 years, come what may.

 

[ClubMan]

It's a really punitive T&C, especially over that term, which AIB would do well to look at.

Fixed term accounts with no access during the term are not unusual. If someone can't lock money away for such a term then they should just look elsewhere for an option more suitable for their needs.

 

[blackdog]

Fixed term accounts with no access during the term are not unusual

Can you point me towards another domestically regulated, DIRT-liable Irish bank offering >1 year deposits with zero access except death or bankruptcy?
As opposed to online-only passported entities appealing to people sophisticated enough to declare deposit interest gross of DIRT.

 

[ClubMan]

Can you point me towards another domestically regulated, DIRT-liable Irish bank offering >1 year deposits with zero access except death or bankruptcy?
As opposed to online-only passported entities appealing to people sophisticated enough to declare deposit interest gross of DIRT.

No, I'm sure that you can survey the deposit market yourself.

 

[skrooge]

As opposed to online-only passported entities appealing to people sophisticated enough to declare deposit interest gross of DIRT

Congratulations, having posted successfully on AAM (as well as figuring out how to quote a previous post), you have demonstrated the necessary skills required to declare DIRT successfully!