We know commitment is hard. With our Demand Deposit Account, you’re free to withdraw from your savings account whenever you like.
With a non-personal Demand Deposit Account from PTSB, you can lodge monthly payments, lump sums, or both. Plus you can use internet and telephone banking to make transfers into and out of your current account.
Demand Deposit rate below:
| Savings | Gross Rate | Gross Return | AER |
| €0.01+ | 1.00% Variable | 1.00% Variable | 1.00% Variable |
You’ll receive your interest, minus DIRT (Deposit Interest Retention Tax), on the first working day after 20 November each year. A variable rate means that your interest may change from time to time.
Annual Equivalent Rate (AER) illustrates what the interest would be if interest was paid and compounded each year. Our AER calculation assumes that the account is held for a year and that the interest rate remains constant.
Important Information: Direct Debits & Standing Orders cannot be set up on savings and deposit accounts
You can only open this account by attending one of our branches. It cannot be opened online or in-app.
You can make an appointment in any of our branches and submit your application with one of our team.
Call us to make an appointment.
