Business credit balance interest

Credit interest rates on our accounts

No longer available to open for new or existing customers

All rates are subject to variation and are correct as of 30th July 2021

Account

 

Frequency interest applied

 

Rate Bands €

 

 

Current Rates

Gross %

 

 

 

 

Current Rates

AER%

 

 

 

Fixed Term - Treasury Deposit

 

-

 

-

 

Negative rates may apply, contact our business team for details

 

Special Interest Bearing Account

 

Quarterly at a rate set by the Bank; or Monthly where negative rates are applied

 

Balances up to & including €1,000,000

 

0%

 

0%

 

Balances over €1,000,000

 

Negative interest rates may apply, contact our business team for details

 

Liquidity Manager

 

Monthly

 

1 -
5,000,000

 

0.01

 

0.01

 

Business Reserve

 

Quarterly

 

1 - 5,000,000

 

0.01

 

0.01

 

30 Day Business Reserve

 

Quarterly

 

1 +

 

0.01

 

0.01

 

Bonus Access Account

 

Quarterly
(excluding bonuses)

 

1-5,000,000

 

0.01

 

0.01

 

 

 

Quarterly
(including bonuses)

 

1-5,000,000

 

0.02

 

0.02

 

7 Day Liquidity Manager

 

Monthly

 

1 +

 

0.01

 

0.01

 

30 Day Liquidity Manager

 

Monthly

 

1 +

 

0.01

 

0.01

 

Solicitors Reserve

 

Quarterly

 

1 - 5,000,000

 

0.01

 

0.01

 

Liquidity Select

 

Monthly

 

Balances up to & including €1,000,000

 

0%

 

0%

 

Balances over €1,000,000

 

Negative interest rates may apply, contact our business team for details

 

Business Current Account

Quarterly at a rate set by the Bank; or Monthly where negative rates are applied

Balances up to & including €1,000,000

0%

0%

Balances over €1,000,000

Negative interest rates may apply, contact our business team for details

Corporate Current Account

Quarterly at a rate set by the Bank; or Monthly where negative rates are applied

Balances up to & including €1,000,000

0%

0%

Balances over €1,000,000

Negative interest rates may apply, contact our business team for details

All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%.  DIRT is not applicable on rates of 0.00% or less.

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

AER - Stands for Annual Equivalent Rate and illustrates what the interest rate would be if paid and compounded each year. As every advertisement for a savings product will contain an AER, you will be able to compare more easily what return you can expect from your savings over time.