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AIB Online Saver - Covered under deposit guarantee

  • 16-03-2020 8:43pm
    #1
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭


    Hi,

    Is the AIB Online Saver covered under the government deposit guarantee of up to 100k?


Comments

  • #2
    Spocker
    Moderators Posts: 6,864 ✭✭✭Spocker


    LMGTFY - Yes, details are here: https://aib.ie/help-and-guidance/deposit-guarantee-scheme


  • #3
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    Spocker wrote: »
    LMGTFY - Yes, details are here: https://aib.ie/help-and-guidance/deposit-guarantee-scheme

    I did Google it but can't see where it mentions online saver accounts on that page or the PDF info sheet.


  • #4
    Spocker
    Moderators Posts: 6,864 ✭✭✭Spocker


    GooglePlus wrote: »
    I did Google it but can't see where it mentions online saver accounts on that page or the PDF info sheet.

    'Online Saver is just a fancy name; it's really just a demand deposit account, which is the type mentioned on the DGS page


  • #5
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    Spocker wrote: »
    'Online Saver is just a fancy name; it's really just a demand deposit account, which is the type mentioned on the DGS page

    Thanks for the clarification, it saves me having to tip out and transfer it to the CU (don't have a card reader).

    Probably overkill but the mind can't help think of the worst.


  • #6
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,688 ✭✭✭GerardKeating


    GooglePlus wrote: »
    Probably overkill but the mind can't help think of the worst.

    No need to worry about that, if the banks collapse, what makes you think there will be a government still around to honour the guarantee...


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