Advantage Deposit Account

At particular times in your life you may find that you have a sum of money you can put away. It could be a lump sum received through inheritance, retirement or even from savings built up over the years. One option for such a lump sum deposit is a Fixed Term Deposit Account. It offers security for your money for the term chosen, with a fixed rate of interest.

Features and Benefits

What you need to know to take Advantage…

Features of the Advantage Deposit account

  • Range of term lengths from 3 months to 24 months
  • Single lodgement only
  • Minimum lodgement €5,000, maximum lodgement €1,000,000
  • Choose the amount of access permitted to funds during the term : ​
    1. No Access to funds during the term or
    2. Access up to 10% of the initial sum lodged, during the term.1
  • Interest paid at maturity of the account
  • Available for new and existing funds to the Bank of Ireland Group

We will contact you before the end of the term to advise you of your maturity date and invite you to discuss your savings options with one of our Advisers. At the end of the term, if we have not received instructions from you, the full balance in the account will be re-deposited in our Variable Rate Call account at the prevailing variable interest rate.

To find out more about the product, download our information sheet.

1 This access level does not apply to the 3 month term

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