Bank of Ireland Kids' Regular Saver

2% AER - Children savings account from Bank of Ireland. 1.34% after 33% DIRT tax.

Account Details

Notes: 2% variable. For under 16s. €20-€250/month.

About Bank of Ireland

One of Ireland's largest banks.

Website: https://www.bankofireland.com/

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Frequently Asked Questions

What is the interest rate on Bank of Ireland Kids' Regular Saver?

Bank of Ireland Kids' Regular Saver pays 2% AER. After 33% DIRT tax, the effective rate is 1.34%.

Is my money protected with Bank of Ireland?

Yes, deposits are protected under Irish DGS. This covers up to €100,000 per person per institution.

How do I open this account?

Visit Bank of Ireland's website or branch to apply. You'll typically need ID and proof of address.

Do I have to pay tax on the interest?

Yes, interest is subject to 33% DIRT (Deposit Interest Retention Tax). Check with the provider whether DIRT is automatically deducted.

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