Discontinued Products Interest Rates
Customers are advised that while the following products are not available for new customers, the following interest rates are effective as at 9 September 2011.
Deposit Interest Rates
| 15, 30 & 90 Day Notice Accounts | Rate Per Annum | A.E.R ** |
|---|---|---|
| €100,000+ | 0.05% | 0.05% |
| €1 – 99,999.99 | 0.01% | 0.01% |
| Education Savings Accounts | Rate Per Annum | A.E.R ** |
| €100,000+ | 0.05% | 0.05% |
| €1 – 99,999.99 | 0.05% | 0.05% |
15, 30, & 90 Day Notice and Education Savings Accounts can no longer be opened by customers.
15, 30, & 90 Day Notice and Education Savings Account rates are variable.
Interest may be subject to Deposit Interest Retention Tax (D.I.R.T) at the appropriate rate.
** AER is the 'Annual Equivalent Rate'.
Special Deposit Accounts can no longer be opened. The interest rate applicable to Special Deposit Accounts is our standard Demand Account interest rate.
Current Accounts – Personal
| Authorised Debit Balances Variable rate | APR * | Unauthorised Debit Balances Variable rate | APR * | |
|---|---|---|---|---|
| Overdrafts | 9.45% | 9.79% | 15.45% | 16.37% |
Personal Current Accounts can no longer be opened.
The above account currently pays 0% per annum (0% AER **) on Credit Balances.
* APR is the 'Annual Percentage Rate'
** AER is the 'Annual Equivalent Rate'
Business Loans
| Term Loans | Variable Rate | APR * |
|---|---|---|
| Up to 1 year | 9.00% | 9.31% |
| 1-5 years | 9.00% | 9.31% |
| 6-9 years | 9.25% | 9.58% |
| 10 years and upwards | 9.50% | 9.84% |
| Bridging Loans | 9.50% | 9.84% |
| Milk Quota Loans | 8.70% | 8.99% |
The above Business Loan interest rates are no longer available for new business.
* APR is the 'Annual Percentage Rate'.
