We know commitment is hard. With our Demand Deposit Account, you’re free to withdraw from your savings account whenever you like.
You'll get an ATM card for your Demand Deposit Account which means you can withdraw your savings, any time, at any permanent tsb ATM. Government stamp duty applies.
With a Demand Deposit Account from permanent tsb, 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:
|Gross Interest Rate||AER (yearly interest)||Required Balance|
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.Call 0818 210 588 Find your local branch
Not sure which account is right for you? Let us help you with that.
What would you like to do with your account? What would you like to do with your account? Do you have a lump sum or would you like to save towards one? Close
How much will you place on deposit? How much will you place on deposit? What lump sum would you like to invest Close
How much will you save each month? How much will you save each month? How much would you like to save monthly Close
How would you like to draw down your money? How would you like to draw down your money? This affects when you will have access to your funds Close
How would you like to open your account? How would you like to open your account? You can open your account online or in your local branch Close
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The above calculation is based on a set of assumptions (see below) and is intended to provide you with a guide as to the potential gross interest return that may be applicable. The actual return that you receive may vary from this calculation where your account does not operate as per these assumptions.
* 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.
** Gross Return Interest is calculated daily and payable at the end of the term for a fixed term deposit account or annually at the relevant interest payment date for a demand/ notice variable rate account. The interest payable assumes that the lump sum is invested for the full fixed term period or a full year (365 days), as appropriate to the account type.
Want to put something aside for a rainy day? Whether you’re saving for a holiday or a home, permanent tsb has the right savings account for you
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