Earning interest with Instant Access Savings
What is the interest rate?
The per annum (p.a.) interest rate on your Instant Access Savings will depend on your plan. This rate is used to calculate the interest.
The p.a. interest rate will show under your Instant Access Savings balance in-app. You can get more information by tapping 'Info' and viewing the 'Deposit information' document.
How is interest calculated and paid?
The minimum threshold for interest payable is €0.01. If your interest earned is less than €0.01 on a given day, no interest will be payable.
Can the interest rate change?
We have the right to change the per annum (p.a.) interest rate. If the rate is decreased, we'll let you know via email at least one month before the change
If the rate is increased, we can make the change immediately and we aren't required to notify you.
If you don't agree to the new rate, you can terminate your Instant Access Savings. To access information on notice periods, you can read Instant Access Savings Terms.
Changing plan
If you change your plan, your interest rate will change accordingly when the plan change comes into effect.