Bank of Ireland’s new 2 Yr Reward Account

Bank of Ireland has introduced a new 2-year Fixed Term Reward Account that delivers a strong 7% fixed rate of return on deposits from €20,000. This product is available in branches from Friday, 3rd July 2009.

Product features include:

• 7% Gross Interest Rate Return (3.44% EAR)
• Single Lodgement (Minimum €20,000, max €1 Million)
• Access up to 50% of funds during the term
• Available through all Bank of Ireland branches

Speaking about the product, Mark Kelly, Marketing Manager for Savings, Bank of Ireland said In the current low rate environment, this product offers customers a strong, fixed rate of return for cash lump sums. Importantly, accountholders also have the option to access up to 50% of their cash during the term without any impact to their rate – making it a very flexible term deposit offering.

Bank of Ireland offers competitive rates in the lump sum and regular savings market with a variety of products to suit each customer’s needs. Bank of Ireland has experienced savings advisors in each of its 277 branches nationwide.

2nd July 2009

Ends

For reference:
Mary Brennan
Group Corporate Communications
Bank of Ireland
Tel: 01 604 3838