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365 monthly saver

Paul_Mc1988 · 2018-09-07 17:19:25

Quick question regarding the 365 monthly saver account. It's says for accounts up to 9999 you receive interest at 1.2% and for over 10000 you receive you receive .25%. So if depositing 1000 per month and the account hits 15000. Do you get interest at .25 for the whole amount or do you receive interest at 1.2% for the first…

07-09-2018 6:19pm

#1

Paul_Mc1988

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Quick question regarding the 365 monthly saver account. It's says for accounts up to 9999 you receive interest at 1.2% and for over 10000 you receive you receive .25%.

So if depositing 1000 per month and the account hits 15000. Do you get interest at .25 for the whole amount or do you receive interest at 1.2% for the first 9999 and then interest at .25 for the next 5001?

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#2 07-09-2018 9:03pm

JTMan

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Pretty sure it is 1.2% for the first 9,999 EUR and then interest at 0.25% for the next 5,001 EUR.

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#3 07-09-2018 9:14pm

Paul_Mc1988

Registered Users, Registered Users 2 Posts: 748 ✭✭✭

Join Date: February 2010

Posts: 712

Thanks JT for clearing it up . I see BOI are on here. I'm gonna ask in there just to be sure 100%.

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