Key features of an Easy Access Savings Account
3.00% AER
Variable
3.00% AER*
Variable
* To achieve an AER of 3.00% with our monthly interest option, you must choose to have monthly interest paid into your Easy Access Account
Our Easy Access Savings Account is right for you if:
- You want the flexibility of a savings account you can access online, by phone or post
- You want competitive interest rates (variable)
- You want easy access to your savings funds
- You want to save as and when you can afford to
Key features:
- You can start saving with as little as €2,000.
- Maximum investment €2 million.
- 6 free withdrawals each year (April – March)
- Daily interest calculations so you don’t miss out on extra savings
- Online access to your savings account 24/7
- Choose between monthly or annual interest
- Your online security is protected with our Internet Security Promise
- To open an Easy Access Account with us you must be a resident of the Republic of Ireland and aged 18 or over
Warning: 7th and subsequent withdrawals will result in a 30 day interest charge on the amount withdrawn. If the amount of interest accrued is less than this amount, the difference will be deducted from the balance of the account on closure.
Warning: The interest earned on this account may go down as well as up.
Summary
Key features are outlined below, but please refer to the Terms and Conditions for further information.
| Interest rates | Competitive variable rates of interest . There are no tiers on our rates. |
|---|---|
| Operating your account | You can operate your account by post, telephone and by our Internet Banking service. Registration is required to use Telebanking and our Internet Banking services. |
| Lodgements | You can lodge additional funds into the account whenever you want and earn interest on these amounts. There is no minimum lodgement amount per transaction. |
| Withdrawals |
|
| Minimum balance | €2,000 |
| Maximum balance | €2,000,000 |
| Eligibility | Resident of the Republic of Ireland and aged 18 years or more |
| Interest options | Annual interest - capitalised on the 31 March.
Monthly interest - capitalised on the last working day of each calendar month. |
| Cooling Off Period | If your account does not meet your needs or expectations and you inform us in writing within two weeks of opening it, we will refund your money in full to source with no loss of interest. |
Terms and Conditions apply. The term AER means Annual Equivalent Rate and is the interest rate you would receive for a full year if the interest was paid and compounded. Gross p.a. means gross rate per annum. Interest rates are quoted based on a 365 day calendar year. Interest is subject to Deposit Interest Retention Tax (DIRT) where applicable. The current DIRT rate is 30%. Products are subject to availability and may be withdrawn or subject to change without notice. Information correct as at 03rd January 2012. Nationwide Building Society, trading as Nationwide UK (Ireland), is authorised by the Financial Services Authority in the United Kingdom and is regulated by the Central Bank of Ireland for conduct of business rules.
Choosing your Easy Access Savings Account interest options
Choosing your account and interest option couldn't be easier. You choose your account type, interest payment frequency, and the associated interest rate from your application form. The following steps show you where on the form to indicate what you require.
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Account Type: In Section 1 of the application form, select Easy Access Savings Account.
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Interest payment options: In Section 4A of the application form, tick either "Monthly" to get the interest on a monthly basis or "Annually" to get the interest annually.
For more information on the Easy Access Call Account click here.