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Interest on 30 Day Notice Savings Account

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  • 13-02-2014 1:37pm
    #1
    lima
    Registered Users Posts: 1,239 ✭✭✭


    Hi,

    If I create a 30 Day Notice Savings Account on 365 online and put my funds into it, and then, after 3 months, decide to give you 30 day notice to withdraw all my money:

     - Will I still get interest? 
     - Do I get the interest earned up until 3 months?
     - Will it be paid immediately?


    Thanks!


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    #2
    Bank of Ireland: Tara
    Closed Accounts Posts: 2,346 ✭✭✭Bank of Ireland: Tara


    Hi lima,

    Thanks for your post.

    For more information on the 365 30 Day Notice Account, please see here. Interest is accrued daily from the date the funds go on deposit. 

    If you were to give notice to close the account, the interest would be calculated from the date the funds went on deposit up to the date of closure. The interest amount would be included with the lump sum transferred back to your current account.

    Thanks again for posting and considering opening a deposit account with us.
    Tara


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