New 3 Year 9% fixed rate term deposit account from Bank of Ireland

Bank of Ireland has launched a new 3 year fixed Reward account that delivers a fixed rate of 9% (2.91% EAR), and allows customers to access up to 50% of funds during the term should they require it. This product is available in branches now for a limited time period.

Product features include:

• Fixed interest of 9% over the term
• Single Lodgement (Minimum deposit €20,000, maximum deposit €1,000,000)
• Access up to 50% of money during the term
• Available through all Bank of Ireland branches

Commenting on the launch of the new product, Mark Kelly, Savings Marketing Manager, said “The latest Central Bank figures for deposits show that Irish savers are placing significantly more cash within longer term cash products compared to the same period a year ago. Our 2 year Fixed Term Reward Account is hugely popular with customers and we believe this new 3 year product is another strong option for customers looking for a dependable interest return in the medium term.”

At Bank of Ireland we have over 20 savings products that span a wide range of needs from ATM Card Demand Deposits to products offering up to several years fixed term rates. We also have dedicated savings and investment advisors available in each branch. This new 3 year fixed term deposit account is available in all of Bank of Ireland’s 277 branched nationwide.

Ends 23rd September 2009

For reference

Sharon McDonnell
Group Consumer Communications Manager
Bank of Ireland
Tel: 01 604 3750
Mobile: 087 2269324