That's the way I see it.Not the best 2 year rate on offer but I guess that some people might be more comfortable dealing with AIB than with Raisin/Haitong...
Good spot lightning. Given a lot of people have been caught for PRSI on top of DIRT on overseas deposits it's a convenient and efficient option to have.AIB's 2 year term deposit pays 3.02% AER fixed.
Term deposit rates have collapsed across Europe in recent months.
But AIB have not cut their term deposit rates nor culled products yet.
I could be totally wrong - and probably pointing out the obvious to most people - but it's very difficult to see this product lasting much longer.
If anyone is considering a term deposit, and wants to choose an Irish bank, now might be the time to consider this product. Perhaps.
Doesn't their product page explain?Apologies for a few Q's. I'm interested in opening this account and plan to visit a branch tomorrow. However, if not already an AIB customer, will I need to set up a current account with them and will this involve quarterly management fees?
I've been assuming if you fill the Form 11 and you've Irish deposit interest, you declare it somewhere and they add on PRSI. Is that not the case?Good spot lightning. Given a lot of people have been caught for PRSI on top of DIRT on overseas deposits it's a convenient and efficient option to have.
Are there any restrictions on the number of times I can take money out of my Personal Fixed Term Deposit?
- You can only take money out when the term ends, there is no access during the term.
- However, we understand that things can happen in life that you haven’t planned for. Therefore, in very exceptional circumstances, we may consider the conditions under which you can take the money out of your account. You should contact your branch or call us on 0818 724 724 or +353 1 7712424.
Thank you for posting same. I did read that but I was hoping that maybe that was their 'rules'. I was under the assumption that the money could be withdrawn at any time. I thought I remember the financial advisor stating that.
Check the terms and conditions of the account that you opened.Thank you for posting same. I did read that but I was hoping that maybe that was their 'rules'. I was under the assumption that the money could be withdrawn at any time. I thought I remember the financial advisor stating that.
The issue is are this long term deposits really competitive at all given instant access are at similar ratesThe AIB 2 year offer is competitive. The BoI 1 year 6 months offer is almost as competitive. But arguably the AIB offer is better give the longer duration that you're fixed.
NTMA State Savings still offer awful instant access rates and low term deposit rates but this, relatively speaking, are improving because the NTMA are not cutting yet. But forr a 5 year term, for example, Aareal Bank, via Raisin.ie, with no local withholding tax, is a better offer, even considering the tax.
Hi there, I'm new to this page but was hoping someone could give me an idea of how much interest I could expect to earn after the 2 year time frame after DIRT is deducted if I invested €200,000 initially please?
Also, if I needed the money during the two years, is it possible to take the money out (and not end up with less than the €200,000 I invest) or is there no way of having access to the money for 2 years?
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