Make it your own

Features and Benefits

Do you need to save regularly to build up a deposit for a Mortgage?

With a MortgageSaver Account you can:

• Apply for an account online in minutes; there is no need to go to a branch, just upload your identification and address verification documents during account opening
• Pay your direct debit from a current account (You do not need a Bank of Ireland current account to open this account)
• Available to Republic of Ireland (ROI) residents only, aged 18 or over
• Interest rate is variable. Annual Equivalent Rates (AER) are quoted based on a 365 day calendar year
• One account per customer in sole or joint names
• Option to add lump sum lodgements of up to a total value of €20,000, in any branch
• Save monthly by Direct Debit – Minimum €200, Maximum €2,500 per month
• Have instant access to your money in any Bank of Ireland branch (you will need to bring photo ID with you), or through 365 online if you are a registered customer

Amount	AER Variable
€0 – €14,999	2.00%
€15,000+	0.50%

If you’re not a Bank of Ireland customer, to open an account online you need the following documents available to upload during the application:

1. Your passport
2. A document to verify your address, for example your current account bank statement (from any Irish bank) or a utility bill.
3. A second document to verify your identity, for example your driving licence (Irl or Uk) or a selfie picture.

Exclusive offer for First Time Buyers

Open a MortgageSaver account and we’ll top up your savings by €2,000.

At Bank of Ireland we understand the challenges facing First Time Buyers in saving to buy a home. We want to help, with a €2,000 Bonus Interest on your savings when you draw down your Bank of Ireland mortgage.

How to qualify for the First Time Buyer MortgageSaver Bonus Interest:

• You must be a First Time Buyer and have a personal current account.
• Save a minimum of €200, maximum of €2,500 per month for at least 6 consecutive months in a MortgageSaver Account. You must save a minimum of €5,000 in total before you draw down your BOI mortgage.
• Draw down a Bank of Ireland First Time Buyer mortgage within 30 months of opening your MortgageSaver account.
• Use the money saved in your MortgageSaver account to help purchase your first home.
• The bonus interest will be a fixed payment of €2,000, once you have €5,000 or more saved in your MortgageSaver account.

Bonus interest will only be paid on one MortgageSaver account on drawdown of the Mortgage.

When do I receive my MortgageSaver Bonus Interest?

• Bonus interest is paid net of DIRT, once your BOI mortgage has drawn down;
• We will contact you to let you know when the Bonus Interest has been paid into your MortgageSaver account;
• Only one MortgageSaver Bonus Interest will be paid per Mortgage drawn down.

Bank of Ireland, helping you every step of the way to your new home.

Tips to get Mortgage ready

• Mortgage calculators – a great way to understand how much you can borrow and what your repayments might be;
• Ready to buy – the key steps to purchase your first home;
• Get information – talk to someone who has been through the process so you can learn what to expect. We have qualified mortgage specialists available across our branches nationwide and over the phone on 0818 365 345. Any of our mortgage specialists will be very happy to talk to you no matter where you are in your planning process – whether you’re hoping to buy shortly or just starting to save.