Savings and Investments
This product/service is no longer available for sale
Ulster Bank Ireland DAC is no longer accepting any new application requests from personal customers. There are some exceptions to this for existing customers, click here for further information.
In May 2022 we wrote to Ulster Bank Customers who hold an Irish Life Policy to advise them that we (Ulster Bank Ireland DAC) will be ceasing our activities as an insurance intermediary from 31st July 2022. We have reached an agreement with Irish Life Assurance Plc (Irish Life) to end our appointment as a tied agent and to transfer our intermediary activities for Customers with an Irish Life policy to Irish Life Financial Services Ltd (ILFS).
If you have any enquiries regarding an existing Irish Life policy please visit www.irishlife.ie for more information
Private Reserve Savings Account
An instant access savings account paying a preferential rate of interest each month. You can access and control your money via Anytime Internet Banking, our Private Banking telephone service, in branch or on our mobile app. When you are making a transfer online or over the telephone the limits will be advised to you.
What you need to know
- Interest is calculated daily and paid after tax deductions
- All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%
- If you cancel your subscription to either the ufirst Private or Private Current Account, then we may close your account and transfer the balance to an Easy Access Account.
View our terms and conditions (PDF, 341KB)
View our guide to preferential rates and deposit options (PDF, 247KB)
Tier |
Gross/AER (variable) |
€15,000 + |
0.15% |
€0-€14,999 |
0.01% |
Gross: interest rate paid before the deduction of tax. Annual Equivalent Rate (AER): What the interest rate would be if paid and compounded each year.
All returns are subject to Deposit Interest Retention Tax (DIRT). Under current legislation, the effective DIRT rate is 33%
If you need additional support, are in financial difficulty, or are in a vulnerable situation we continue to be here to help you please call us on 0818 211 461. (Lines open 24 hours a day including Bank Holidays. Call costs may vary and calls from mobiles may not be free)