If you’ve got money to save, but are unsure about your future plans and how long you want your money tied up – then the EBS 40 Day Notice Account is right up your street. Tuck your savings away and they’ll accrue interest while you go about your daily life; while gaining a higher rate of interest than a demand account.
Read more below, or why not request a call back with your local savings expert? They’ll answer any query you have or meet you for a relaxed chat about your options.
I Want Easy Access to My Savings
Earn a competitive return on your money while still maintaining the flexibility to withdraw your cash and interest with 40 days’ notice. You can lodge more money to the account at any stage and the interest rate is variable. Nice. Read below for more details on the features and benefits.
Benefits of a 40 Day Notice Account
Features of a 40 Day Notice Account
*If you make a withdrawal without the full, specified notice period being served, you will be charged an interest penalty. An example of how the interest penalty is calculated is shown below.
Can I Get Access to My Money if I Haven’t Given 40 Days Notice?
Withdrawal Amount x Interest Rate / 365 days x 40 day’s notice = €10,000 x 0.2% / 365 days x 40 days = €2.19.
Important information: Account terms & conditions apply. Interest is subject to Deposit Interest Retention Tax (D.I.R.T) at the prevailing rate (for more information see www.revenue.ie).