PTSB have a long and despicable history of launching and then depreciating these notice accounts. They have had a 21 day notice account, a 30 day notice account, a 31 day notice account, a 35 day notice account, a 40 day notice account and a 60 day notice account. In each case they launched the product with a headline rate, sucked in the money and then collapsed the rate. And rely on customer lethargy, especially among their elderly client base, to leave the money sitting rather than jump through hoops to open the latest account. Most of the accounts I mentioned above now earn .01%.
Both the 6 month and 12 month term accounts are currently available online as well as in branch. This was another one of their start/stop/start shenanigans. It’s totally understandable that you are confused by their incessant messing around.
Regarding the 1.75% they are now offering for six month term deposits, I’d give them zero credit. They have been behind BOI and AIB (both offering 1.50%) for the last six months or so. The additional .25% they are offering would hardly justify the pain of dealing with them and their weird systems.