Best Buy Regular Savings Accounts

Rates are frequently updated. Information last changed: 12 September 2023.

Highest Regular Savings Rate

BoI - Super Saver - 3.00% up to 30k for year 1
AIB - Online Regular Saver - 3.00% up to 12k in yearly cycles
EBS - Family Saver - 3.00% Fixed for year 1

Selected Regular Savings Accounts

Bank of Ireland: Super Saver
3.00%* Fixed up to €30,000 for the first year only

• Minimum per month: €5
• Maximum per month: €2,500
• Access: Instant access.
• A BoI current account is not required to open this account but no online access is provided if you do not have a BoI current account.
• Maximum number of accounts: 2.
• Lodgement method: Direct debit.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually. Interest on the anniversary of account opening.
• Sole accounts and joint accounts permitted.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

AIB: Online Saver Account
Year 1:
Month 1: 3.00%* up to €1,000. 0.25%* above €1,000.
Month 2: 3.00%* up to €2,000. 0.25%* above €2,000.
Month X up to Month 12: 3.00%* for month X up to €X,000. 0.25%* above €X,000. Where X equals the month number.
End of month 12: Entire balance above €1,000 reverts to 0.25%*.
Year 2:
Month 13: 3.00%* up to €1,000. 0.25%* above €1,000.
Month 14: 3.00%* up to €2,000. 0.25%* above €2,000.
Month Y up to month 24: 3.00%* for month Y up to €Y,000. 0.25%* above €Y,000. Where Y equals the month number minus 12.
End of month 24: Entire balance above €1,000 reverts to 0.25%*.
Year 3:
Month 25: as per month 13 as 12 month rate cycle recommences.

• *Rate applies from 19 September 2023.
• Minimum per month: €10 per month.
• Maximum per month: None but €1,000,000 is the maximum account balance.
• Access: Instant access.
• Fees: None.
• Lodgement method: Standing order mandatory. Ad-hoc lodgements possible in addition to the mandatory standing order.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually. Interest is paid annually in April.
• Maximum number of accounts per person: Four.
• Online only.
• You must have a second separate 'suitable' AIB account both lodgements and withdrawals. This can be a 'Demand Deposit' account or a current account. A current account may incur fees.
• NB: You are best withdrawing all sums above €1,000 at each annual anniversary of account opening.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

EBS: Family Savings Account
3.00%* for year 1 only up to €13,000.

• *Rate applies from 19 September 2023.
• Minimum per month: €100 per month.
• Maximum per month: €1,000 per month.
• Access: Instant access but maximum of two withdrawals a year, one at any time and the other at the end of the one-year fixed term.
• Fees: None.
• Lodgement method: Standing order mandatory.
• Minimum period: 1 year.
• Interest type: Fixed for year one, then fixed at the prevailing rate as at the 1st anniversary for year two.
• Interest payment frequency: Annually.
• Maximum number of accounts per person: One. In addition you may open one further account jointly with another personal customer.
• Lodgement of an additional sum of up to €1,000 allowed at account opening stage. An additional lodgement is not mandatory.
• Lodgement of up to €50,000 allowed at the first anniversary before your second year.
• The year 2 rate will match the "rollover rate" for EBS 1 Year Fixed Term Savings Account. The rollover rate is not published on the EBS website, just the rate for new customers. Hence, the rate in year 2 might be a low rate.
• You may be able to get the best return from this account by withdrawing your deposit on the 1st anniversary which is "at the end of the term".
• The monthly amount can only be changed by written request.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

Permanent TSB: Online Regular Saver
2.50%* on €1 to €50,000.
0.01% on the whole amount if the balance exceeds €50,000.01+

• *Rate applies from 26 September 2023.
• Minimum per month: €1 per month.
• Maximum per month: €1,000 per month.
• Access: Instant access.
• Fees: None.
• Lodgement method: Ad-hoc lodgements at the customers discretion. No mandatory standing order requirement.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually. Annual interest is credited to the account on the first business day after the 20th of November.
• Maximum number of accounts per person: One.
• This account is only available online.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

Permanent TSB: 21 Day Regular Saver
2.50%* up to €50,000.99.
0.01% on the entire balance over €50,001.

• *Rate applies from 26 September 2023.
• Minimum per month: €1 per month.
• Maximum per month: €1,000 per month.
• Access: 21 Days notice required for withdrawals.
• Fees: None.
• Lodgement method: Standing order or ad-hoc lodgements at the customers discretion.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually. Interest paid yearly on the first business day after 20 November.
• Maximum number of accounts per person: Two. Your first account can be opened in branch. Your second account can only be opened via the PTSB call centre who post out an application to complete.
• If less than 21 days notice is given, an interest charge of 0.0103% applies per day of notice not given.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

Bank of Ireland: Mortgage Saver Account
2.00% less fees on balances from €200 to €14,999
0.50% less fees on lump sum deposits that did not originate from a direct debit.
0.50% less fees on the whole amount if the balance exceeds €14,999.

• Minimum per month: €200 per month.
• Maximum per month: €2,500 per month.
• Access: Instant access.
• Fees: It is mandatory to also open a BoI current account in order to open this account. A BoI current account is likely to incur fees.
• Lodgement method: Standing order mandatory for 0.75% rate.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually in March.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.
• You can make lump sum lodgements of up to a total of €20,000 to the account
• A 10% bonus, less DIRT, is paid on the highest regular saver balance in the final 6 months before your mortgage is drawn down. It is subject to a limit of 3% of your mortgage amount.
• When choosing a mortgage provider, other factors, such as the rate on offer, are normally far more important that mortgage sign on bonus promotions like with this product.

Bank of Ireland: Goalsaver
2.00% up to €15,00
0.50% on €15,000+

• Minimum per month: €20 per month.
• Maximum per month: €2,000 per month.
• Access: Instant access.
• Fees: None.
• Maximum number of accounts: 2.
• Lodgement method: Direct debit.
• Minimum period: None.
• Interest type: Variable.
• Interest payment frequency: Annually. Interest on the anniversary of account opening.
• Sole accounts and joint accounts permitted.
• Deposit Protection: €100,000 via Irish Deposit Guarantee Scheme.

Notes:

• If you want to save on a regular basis, you should also consider instant access and notice accounts.
• To increase your maximum monthly contribution, it may be possible to open a joint account with your partner, or you could choose simply to both open one account each.
• There are separate threads for other types of deposit saving products. Specifically, there are separate threads on instant access and notice account savings and fixed term deposit savings.
• You should confirm your rate periodically.
• All rates are AER.
• All rates are subject to DIRT.
• All products above are open to personal deposits only.
• Most credit unions pay very low rates on deposits and shares, but some pay good rates. It might be worth your while investigating the rates offered by your local credit union.

Updates:

• If you want email updates on regular saver rate changes, you can subscribe to this thread.

Top post updated.

AIB and EBS have increased their regular saver rates effective 19 September 2023.