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AIB have announced the changes to their deposit rates following the March ECB rate cut. They came into effect at the close of business yesterday. They are:
- The rate on the Access 30 account for amounts under €100,000 increases to 2.50% (AER). The Access 30 account for amounts from €100,001 to €2,000,000 reduces to 3.50% (AER).
- The online Personal Savings Plan rate remains unchanged at 2.75% (AER).
- The online Notice 7 account rate on balances up to €10,000 also remains unchanged, at 3.75% (AER).
- The rate on the Parent Saver account decreases by 0.50% to 7.75% (AER).
- The Regular Saver rate decreases from 5.25% (AER) to 5.00% (AER).
- Special Term account rates are also reduced - in the case of the 3 year account to 2.10% (AER) and in the case of the 5 year account to 2.50% (AER).