Bank of Ireland to reduce interest rate on 12 and 18-month term deposits by 0.25%
14 February 2025 – Bank of Ireland is reducing the interest rate on its 12 and 18-month fixed-term deposits by 0.25%.
The changes, which take effect from Tuesday 18 February 2025, are set out below:
|
Existing Rates
|
Rates from 18 February 2025
|
|||
| Fixed-term return | AER | Fixed-term return | AER | |
| Advantage 12-Month Fixed Term | 2.24% | 2.25% | 1.99% | 2.00% |
| Advantage 18-Month Fixed Term | 4.11% | 2.73% | 3.73% | 2.48% |
Customers who are already in the process of opening a 12 or 18-month term deposit account can still avail of the existing rates if they open their account by the close of business on 17 February.
There are no changes to the SuperSaver regular savings account (3.00% AER for 12 months) or any of our other savings products:
- Advantage 6-month Fixed Term deposit account
- Notice Deposit account
- Instant Access Demand account
- MortgageSaver (regular savings) account
- GoalSaver (regular savings) account