An non-AIB customer can open an account in branch by filling out forms etc. Money must be lodged within 7 days of opening it.Does anyone know if you can open this AIB's 2 year term deposit without being an AIB customer? Or does it require you to have an AIB current/personal account?
I phoned them and was told you must have a current account with Aib.Does anyone know if you can open this AIB's 2 year term deposit without being an AIB customer? Or does it require you to have an AIB current/personal account?
That is strange. I do NOT have a current account. Have a Personal Demand Account (free) which I set up in a branch. I use this to send money to online saver, and also set up Personal Fixed 3 % 2 year account through this. Hope that helps.I phoned them and was told you must have a current account with Aib.
Deposit rates in general have been falling lately in line with ECB rate cuts. But thanks to the great work by @Lightning in particular you can read all about them here:I am not sure 3% gross is anything to write home about? Is there not a thread here with higher rates from non Irish banks? Personally not convinced inflation and higher rates are over yet either
As @ClubMan pointed out it’s the best available 2 year rate at present and among the best rates generally. To each their own but unlike many of the other better rates DIRT is deducted at source, there is no withholding tax and you aren’t dealing with a bank registered in Malta or outside the eurozone, all of which bring their own issues.I am not sure 3% gross is anything to write home about? Is there not a thread here with higher rates from non Irish banks? Personally not convinced inflation and higher rates are over yet either
It’s certainly the best Irish fixed rate
As @ClubMan pointed out it’s the best available 2 year rate at present and among the best rates generally. To each their own but unlike many of the other better rates DIRT is deducted at source, there is no withholding tax and you aren’t dealing with a bank registered in Malta or outside the eurozone, all of which bring their own issues.
Done this afternoon. Thanks you for the alertIt's finally happened ... AIB are cutting their 1 and 2 year rates by 0.25% from tomorrow. No change to other savings rates nor mortgage rates.
AIB latest lender to start cutting deposit rate after ECB moves
Fixed-term products affected, all other savings rates remain unchangedwww.irishtimes.com
A few hours left to get the 3.02% rate.
Many thanks @LightningIt's finally happened ...
A few hours left to get the 3.02% rate. And 7 days thereafter to fund the account.
Very much doubt it but no harm in asking.Dang! I have sustantial funds maturing next week. Was looking to put it into this. I wonder would they still let me?
@Lightning's excellent best buys lists should be your next port of call...What do people think? One or two year term deposit suits me.
Open the account right away - no issue if you are already an AIB customer - and you then have 7 days to fund at the 3.02% rate.Dang! I have sustantial funds maturing next week. Was looking to put it into this. I wonder would they still let me? What do people think? One or two year term deposit suits me.
You should be able to tell pretty much instantly. The a/c should show up in the app, and if you tap on it, you can see the interest rate and maturity date.I have the AIB app and have done what you suggested online. Fingers crossed it all works out on time. Thank you Sarenco
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