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Incorrect rates on BoI website

Comments

  • Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    Hi JTMan,

    Thanks for your post and for highlighting these points.

    Full details of our regular saver rates are confirmed below.

    The Mortgage Saver is split into two parts - regular saver and lump sum. 
    The regular saver rate is 1.35% gross per annum/AER variable on regular saving balances from €0-€14,999. When the regular saver part reaches €15,000, we automatically move the regular savings part to the lump sum part.
    The lump sum rate is 0.25% Gross per annum/AER variable and applies on lump sum balances, including any ad-hoc lodgements made to the account.  
    The rate reduction on Mortgage Saver referred to in the press advert  was not implemented because we wanted to continue to support customers saving for a mortgage.
     
    The interest rate on 365 Monthly Saver is 1.20% on gross per annum/AER Variable on all balances from  €0- €9,999 and 0.25% on balances from €10,000+
    The interest rate shown on the CCPC site for 365 Monthly Saver should be 1.20% as above. We have advised the CCPC and this change will be implemented ASAP.
     
    The interest rate on the Goalsaver account is 1.35% gross per annum/AER Variable on all balances from  €0- €15,000 and 0.25% on balances from €15,000+

    I hope this helps and thanks again for your post.

    Regards
    Tara


  • Registered Users, Registered Users 2 Posts: 5,581 ✭✭✭JTMan


    Thanks very much for the explanation Tara. 


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