9 Month Limited Edition Fixed Term Deposit - Bank of Ireland (NI)

9 Month Limited Edition Fixed Term Deposit

Bank of Ireland (NI)
0.45 % AER
Headline Interest Rate
Fixed
For 9 months
FSCS
Compensation Scheme
£ 2,000 min initial deposit
£ 1,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.45 % AER
Headline Interest Balance: £ 2,000
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 2,000
Date account was introduced: 19 Sep 2016

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£2,0000.45%0.45%0.45%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Minimum Balance: £ 2,000
Maximum Balance: £ 1,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: Partial withdrawals and closure are not permitted.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not permitted.
Transferred on Maturity: On maturity the account will be transferred to the nearest available fixed term bond or the linked service account with Bank of Ireland (this can be a savings or current account with Bank of Ireland) if no such account is available at the time.

Conditions

Area Restrictions: This product is only available to applicants residing in Northern Ireland.
Additional Account Required: Funds cannot be lodged directly to the Fixed Term Deposit Account, but must be lodged from either a new or an existing Bank of Ireland Current or Deposit Account. This is referred to as a Linked Service Account. Where an investor does not have an existing account with Bank of Ireland, a Classic Saver will be opened for them.
Trustee Types: This account can be opened by someone on behalf of someone else or by a formal trust.
New Money Only: This account is only available to new savers.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

Savings Accounts

ProductAER
Nationwide Flexclusive Regular Saver - Nationwide Building Society5%
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander5%