Share Account: Advantage 30
Opening an Advantage 30 account means your money will be earning one of the most competitive rates of interest available from any Irish Bank or Building Society, while still being available at only 30 days notice.
The minimum lodgement required to open an Advantage 30 Account is €20,000.00.
Features of the Advantage 30 account include:
- Highly competitive rates of interest:
- With your Advantage 30 the rate of interest the Society will pay you is 'tiered', the greater your balance, the higher the rate of interest up to a maximum balance of €2,000,000.00.
- With your Advantage 30 the rate of interest the Society will pay you is 'tiered', the greater your balance, the higher the rate of interest up to a maximum balance of €2,000,000.00.
- Rates of interest linked to the European Central Bank (ECB) rate:
- The Society is offering a cutting edge rate of interest that will at least equal the ECB* rate until the 31st December 2007.
- After this date the rate of interest will remain within 1.00% of the ECB* rate until 31st December 2011.
- How is interest paid?
- Interest will automatically be credited to your account on the 31st December each year.
- If you wish, you may elect to have interest paid to another account on a monthly basis.
- If interest is paid monthly it will be paid on the last working day of the month.
See rate schedule for monthly interest rates.
- How much notice is needed to make a withdrawal?
- This account is a 30 day notice account hence the excellent return on your savings. The notice is required in writing and if no notice is given then a penalty equivalent to 30 days interest on the amount of the withdrawal will apply.
- This account is a 30 day notice account hence the excellent return on your savings. The notice is required in writing and if no notice is given then a penalty equivalent to 30 days interest on the amount of the withdrawal will apply.
- How can I withdraw my funds?
- Withdrawing your funds could not be easier. Simply present your passbook and complete a withdrawal form in any of the Society’s branch or district offices and the payment will be made to you by cheque on expiration of the 30 day notice period or directly into the bank account you nominated when opening the account.
ECB* refers to the European Central Bank marginal facility rate.
Resources for this section: |
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| Item | |||
| Current Rates | |||
File Size |
File Format |
Download |
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| Advantage 30 * | 135 kb |
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| Account Application Form * | 130 kb |
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*The following file(s) have been saved as Adobe Acrobat PDF file(s). You will need to have Adobe Reader installed on your computer. If you do not have Adobe Reader on your computer simply click the button below and follow the simple steps. |
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WARNING:
You must present your Account Passbook every time you withdraw funds from your account. In some circumstances you may be asked to provide current photographic I.D.
For further details contact your Local Branch or call + 353 (0)1 609 6490 or email: savings@inbs.ie
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