Bank of Ireland’s new 2 Year Reward Account
July 7th, 2009
Bank of Ireland (bankofireland.com) has just introduced a new 2-year Fixed Term Reward Account that delivers a strong 7% fixed rate of return on deposits from €20,000. This product is available in branches from Friday, 3rd July 2009.
Product features include:
- 7% Gross Interest Rate Return (3.44% EAR)
- Single Lodgement (Minimum €20,000, max €1 Million)
- Access up to 50% of funds during the term
- Available through all Bank of Ireland branches
Speaking about the product, Mark Kelly, Marketing Manager for Savings, Bank of Ireland said “In the current low rate environment, this product offers customers a strong, fixed rate of return for cash lump sums. Importantly, accountholders also have the option to access up to 50% of their cash during the term without any impact to their rate – making it a very flexible term deposit offering”.
Source: Bank of Ireland
