Business Elevator Deposits
Our Business Elevator Account is perfect for short term deposits.
- Flexible fixed term deposit account with access to funds
- Rewards funds lodged for the full 6 month term
- Fixed initial deposit interest rate for the first 3 months
- Fixed elevated deposit interest rate for the second 3 months
- 6 Month fixed term with the Business Elevator Account
- Single lodgement only
- Minimum lodgement of €10,000, Maximum €2 million
- Access to funds (50% of amount lodged - single withdrawal)
|
Fixed Term Rate |
Lodgement Range |
Withdrawals |
|
|---|---|---|---|
6 Month Fixed Term Rate** |
1.49% (3.02% AER*) |
€10,000 – €2 million |
Access 50% of funds during term (single withdrawal) |
|
The composite Term Rate is comprised of the following: |
|||
|
Initial Fixed Rate (months 1-3) |
2.50% per annum |
||
|
Elevated Fixed Rate (months 4-6) |
3.50% per annum |
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*Annual equivalent rates (AER) are quoted based on a 365 day calendar year.
**Note: The Fixed Term Rate is applicable subject to the deposit being maintained for the full 6 month term.
Interest is subject to DIRT.
All rates are correct as at 22/03/2012 and are subject to change.
Download the Business Elevator Account Terms & Conditions.