Demand Deposit

Everyone needs to dip in to their savings from time to time. With an AIB Demand Deposit Account, you can earn interest on your savings, but still access your money whenever you need to.

How a Demand Deposit Account works

With an AIB Demand Deposit Account you can choose to save an amount that suits you on a regular basis each month. You can also make one-off deposits at any time you like.

You can choose to save as little or as much as you want as there is no minimum or maximum amount required.

You also have the flexibility to withdraw money from this account at any time and there is no limit on the size of your withdrawals.

Interest Rate
You receive a variable rate of interest, which is calculated daily and paid into your account twice every year in April and October.

Available through branch, AIB Phone & Internet Banking
With an AIB Demand Deposit Account you can also access your savings through any branch, or via our AIB  Phone & Internet Banking services. 

Benefits of an AIB Demand Deposit Account

• No transaction fees or charges on this account
  
• Total flexibility for your savings; no minimum, no maximum; regular or once off lodgements.
  
• You can access your money easily whenever you want
  
• Earns a variable rate of interest

View our Deposit Interest Rates in our Related Information section.

In addition to Demand Deposits, AIB offers a wide range of savings options. So whatever your circumstances or needs, we will help you to choose the right savings options for your money.

Tax on Interest earned on the Demand Deposit Account

Click here to find out more.

Important/Regulatory Notice

Terms and conditions apply.  AER is annual equivalent rate.  Interest is subject to DIRT where appropriate at the prevailing rate (for more detailed information please visit www.revenue.ie).

• Terms and Conditions for Current Accounts and Demand Deposit Accounts
• Financial Regulator
• AIB Terms of Business
• www.revenue.ie

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