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Useful information

Direct Saver - Overview

Save online. It's easy and saves time.

We're committed to making banking easier for you.. That's why we're offering an online account that gives you easy access to your money!
  • Easy Access - Your money is there when you need it through Anytime Banking *
  • Interest - 1.25% Gross / AER (variable) is made up of standard interest, 0.43% Gross / AER (variable) , and bonus interest, 0.82% Gross / AER (fixed) , is calculated daily and paid monthly.
  • Introductory bonus - Earn 0.82% Gross / AER (fixed) each month for 12 months from the date the account is first opened**, provided the minimum balance is maintained. Applies to accounts opened from 28 February 2014.
  • Withdrawals the standard rate of interest 0.43% Gross / AER (variable), will not be paid in any month^ in which a withdrawal is made.
  • Grow your savings - make one-off payments when it suits you or set up a monthly Standing Order.
  • Minimum balance - €5,000. A rate of 0.01% Gross/AER (variable) applies if the balance falls below €5,000. You can save up to €1 million.
  • Availability - exclusively online or over the phone. You cannot apply for or manage this account in branch.

You can open the account online in less than 10 minutes.

Even less if you're registered for Anytime Banking as we'll
pre-fill part of the application for you.

You are required to register for Anytime Banking which will allow you to access your funds and manage this account, either online or over the telephone.

All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 41%.

Gross is the interest rate paid before the deduction of tax.

Annual equivalent rate (AER) illustrates what the interest rate would be if paid and compounded each year.

Anyone aged 18 or over and resident in the Republic of Ireland can open a Direct Saver account.

*Transfers to an account at other ROI banks or building societies, either online or over the phone, are subject to a daily limit of 13,000. If you wish to transfer more than this amount, please contact Anytime Banking on 1850 424 365 to discuss the options available to you. Charges may apply to these options, please see our booklet A guide to personal accounts fees and interest for details. We will need to have your telephone number on file for some of these options so please ensure you provide this at account opening.

** Please note that the 12 month period for the introductory bonus begins when the account is first opened which may be earlier than when funds are first lodged to the account.

In order to maintain the highest level of service, we may record and monitor telephone calls.

^ For this purpose a "month" is the period between the first business day of the month and the last business day of the month. Withdrawals on a non-business day (weekend or bank holiday) are recorded as withdrawals on the subsequent business day. This means that if, for example, you make a withdrawal from your Direct Saver account on Saturday 30th August or Sunday 31st August 2014 this will be recorded as a withdrawal on 1 September 2014, thereby impacting your interest payment in September not August.

AER*: Annual Equivalent Rate

Click to view Direct Saver rates

Apply online


Call 1800 303 004

Lines are open:
8:30am - 7:30pm Mon - Fri
9am - 2pm on Saturday
(excl. bank holidays).

Calls may be recorded.

Request a call back

Note: The earliest we can
call you back is the next
working day and will be between:
Mon - Fri 8:30am - 7:30pm
(excl. bank holidays).