Four Seasons Deposit Account
If you have an agri-business, you can earn more on your deposits with a Four Seasons Deposit Account from Bank of Ireland. It’s a demand account which gives a fixed rate promise for the first year!
Its flexibility makes it an ideal account for your farm income. You can lodge to the account up to four times during the first year, subject to a maximum account balance of €100,000. And, you can make withdrawals up to four times during the first year too, once you maintain a minimum account balance of €10,000.
Because it is a ‘stepped interest’ account, the interest rate goes up every 3 months. Best of all, your interest is paid quarterly - so you can earn interest on your interest in this account!
- Stepped interest rate – the interest rate goes up every 3 months in the first year
- Minimum account balance €10,000, maximum account balance €100,000
- Make up to 4 lodgements and 4 withdrawals during the first year
- Interest paid quarterly
- Available to new or existing customers bringing new funds to Bank of Ireland Group
Terms and conditions for this product are available from your local branch.
|
Season |
Fixed Rate p.a. |
AER** Fixed |
Season Rate |
Access |
|---|---|---|---|---|
|
Season 1 |
2.50% |
2.52% |
0.62% |
Up to 4 withdrawals and 4 lodgements during the first year* |
|
Season 2 |
2.75% |
2.78% |
0.69% |
|
|
Season 3 |
3.25% |
3.29% |
0.81% |
|
|
Season 4 |
4.00% |
4.06% |
1.00% |
*If your balance falls below €10,000 or if more than four lodgements or withdrawals are made during the first 52 weeks of the Account, the prevailing variable demand deposit rate will apply to the Account.
**Annual equivalent rates (AER) are quoted based on a 365 day calendar year
Interest is subject to DIRT.
All rates are correct as at 10/11/2011 and are subject to change.
Terms and conditions for this product are available from your local branch.