Premier Reserve Account
Our Premier Reserve Account
A Fixed Term Deposit Account with easy access designed for Businesses
With a Premier Reserve Account, your business can earn a fixed rate of interest for the term of the deposit, without locking your money away.
Key Product Features
- Easy access to your cash when you need#
- A fixed rate of interest when you don’t make any withdrawals
- The guarantee of a competitive rate of interest for 12 months
- Minimum deposit £250,000- Issue 4 & 5 (£500,00- Issue 1, 2 & 3), no maximum
- Interest is paid to you monthly
| Premier Reserve Account - Issue 5 Interest Rates |
Gross p.a.* | AER ** | Effective Dates |
|---|---|---|---|
| No Withdrawals during the year | 2.25% | 2.25% | For accounts opened between 1st August 2011 and 31st October 2011 |
Please download our summary box here
| Premier Reserve Account - Issue 4 Interest Rates |
Gross p.a.* | AER ** | Effective Dates |
|---|---|---|---|
| No Withdrawals during the year | 2.25% | 2.25% | For accounts opened between 1st May 2011 and 29th July 2011 |
| Premier Reserve Account - Issue 3 Interest Rates |
Gross p.a.* | AER ** | Effective Dates |
|---|---|---|---|
| No Withdrawals during the year | 2.15% | 2.15% | For accounts opened between 1st February 2011 and 29th April 2011 |
| Premier Reserve Account - Issue 2 Interest Rates |
Gross p.a.* | AER ** | Effective Dates |
|---|---|---|---|
| No Withdrawals during the year | 2.15% | 2.15% | For accounts opened between 1st November 2010 and 31st January 2011 |
| Premier Reserve Account - Issue 1 Interest Rates |
Gross p.a.* | AER ** | Effective Dates |
|---|---|---|---|
| No Withdrawals during the year | 2.15% | 2.15% | For accounts opened between 16th August 2010 and 31st October 2010 |
# A reduced rate of 0.15% gross will be paid on the full balance on the account for the month in which a withdrawal is made.
The term of the Premier Reserve Account is 12 months. You cannot make further deposits to your account during its term, however, you may open additional accounts.
Contact Us:
With a business deposit account from Bank of Ireland, you can be sure of a competitive interest rate and a personal touch. Call our specialist deposit team on 0845 602 6973 to see what we can offer your business. Alternatively, contact one of our regional teams
North : 07595 236 980
Midlands : 0121 234 1215
London : 020 3201 6358
Scotland : 07809 492 108
Calls are recorded and may be monitored for security, quality control and training purposes. Payments into the account are accepted by CHAPS only. This offer may be withdrawn at any time without notice. Applications are subject to status. *Gross means the variable contractual rate of interest that will be paid to customers before the deduction of tax on interest. This information is based on our understanding of current law and HM Revenue & Customs practice, both of which may change in the future. The law relating to taxation is liable to change and such changes cannot be foreseen. Interest will be paid gross. Unless otherwise specified all rates quoted are Gross. **AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advert for a savings product which quotes an interest rate will contain an AER you will be able to compare more easily what return you can expect over time.