Main Menu
Return to Bank of Ireland Group HomeRates And Fees
Current Account Rates
Current Account overdraft rates with effect from 6th March 2009
| New | Previous | |||
|---|---|---|---|---|
| clear Account - Level 1 Debit Interest Authorised * Debit Interest Unauthorised ** | 8.50 20.50 | 9.00 21.00 | ||
| clear Account - Level 2 Debit Interest Authorised * Debit Interest Unauthorised ** | 13.00 25.00 | 13.50 25.50 | ||
| clear Account - Level 3 Debit Interest Authorised * Debit Interest Unauthorised ** | 14.50 26.50 | 15.75 27.75 | ||
| Student Account Debit Interest Authorised * Debit Interest Unauthorised ** | 0.00 12.00 | 0.00 12.00 | ||
Essentials for Business- Small Business Package Secured authorised overdraft/loan* Secured Unauthorised overdraft** Unsecured authorised overdraft/loan* Unsecured Unauthorised overdraft** |
2.50 14.50 4.50 16.50 |
3.00 15.00 5.00 17.00 | ||
| Accounts no longer available | ||||
| Traditional Current Account Debit Interest Authorised * Debit Interest Unauthorised ** | 14.50 26.50 | 15.75 27.75 | ||
| Interest Paying Current Account Debit Interest Authorised * Debit Interest Unauthorised ** |
15.25 |
15.00 | ||
| | | | ||
Current Account credit interest rates
| New | Previous | |||
|---|---|---|---|---|
| Gross / AER % | Net % | Gross / AER % | Net % | |
| Student Account £1+ | 0.50 | 0.40 | 0.50 | 0.40 |
| Student Account (11-19) £1+ | 0.10 | 0.08 | 0.10 | 0.08 |
| Accounts no longer available | ||||
| Money Mover £1+ | 0.10 | 0.08 | 0.10 | 0.08 |
Bank of Ireland Base Rate 0.50% effective from 6th March 2009.
* Debit Interest varies with Base Rate
** The unauthorised overdraft interest rate includes an additional 1% per month (min £2.00) surcharge.
Overdrafts are payable on demand.
Interest rates may vary from time to time. Interest will be paid Net of Lower Rate Tax (currently 20%) or, where Bank of Ireland receives the relevant registration documentation, gross.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year. The Gross Interest Rate represents interest payable before the deduction of income tax at the prevailing rate.
Full account conditions and details of when interest is paid are available from any Bank of Ireland branch or by contacting our Customer Services Dept.
Freepost BEL 1732,
Belfast,
BT1 5BR
(Freephone: 0845 6016 157).
Bank of Ireland is covered by the Financial Ombudsman Scheme.
© Bank of Ireland 2010
Web design and web development by Tibus
