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EBS Choice Saver
Many of us have long-term savings goals. Maybe yours is sending your kids to college, or that much needed trip around the world. But saving long-term can be tough with a deposit-based account.
EBS Choice Saver is a regular payment unit-linked life assurance investment plan. A what now?! This means your regular payments are used to buy units in a range of investment funds. Want your savings to work their socks off for you? Read on for more information, or request a call back from a local EBS Savings and Investments expert below. They’ll be happy to have a relaxed chat and answer any query you have about growing your savings.
EBS Choice Saver is provided by Irish Life Assurance plc.
What Do I Need to Know About EBS Choice Saver?
EBS Choice Saver is an investment option for those interested in regular, long-term saving (five years or more). Here’s the important stuff:
- You can split your money across a number of funds, so pick and choose what suits you. You can switch funds as often as you like free of charge, giving you real control.
- The investment is designed for a term of five years or more.
- Regular withdrawals not permitted, sorry folks. If you need to withdraw your money within the first five years, you can (but there is a charge).
- You must be living in the Republic of Ireland and aged 18 to 70.
- You can invest from €150 to €10,000 a month. You can also invest lump sums of €500 to €10,000.
- Investors, take note; it’s riskier than a deposit account, as you could risk getting back less than you put in.
- For full information describing the benefits and restrictions and exclusions, please read the EBS Choice Saver booklet and terms and conditions booklet.