AIB Savings Accounts Review 2026: Rates, Regular Saver & Fixed Terms

AIB savings rates compared: Regular Saver (3%), Demand Deposit (0.25%), Fixed Terms. Which AIB account is best for your savings?

By SmartSaver Team | Published 1 January 2026 | 5 min read

Topics: aib savings, aib online saver, aib fixed term, irish bank savings

AIB is Ireland's largest bank, but are their savings accounts any good? Here's the honest breakdown.

AIB Savings Rates Overview

| Account | Rate | Type | Best For | |---------|------|------|----------| | Online Saver | 3.00% | Regular saver | Monthly savings | | Demand Deposit | 0.25% | Instant access | Avoid | | 1-Year Fixed | 2.00% | Fixed term | Lump sum (if you must stay with AIB) | | 2-Year Fixed | 2.26% | Fixed term | Longer lock-in |

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AIB Online Saver (Regular Saver)

Rate: 3.00% (1.77% after DIRT) Max deposit: €1,000/month Term: 12 months

How It Works

  • Open via AIB app or online banking
  • Save €10-€1,000 per month
  • Interest paid at end of 12 months
  • Account closes, money moves to current account

    • The Reality

    The 3% rate sounds great, but:

    • Only applies to €1,000/month maximum
    • Your existing savings earn almost nothing
    • After 12 months, rate drops to 0.25%
    • One withdrawal closes the account

    Verdict

    The Online Saver is fine for new monthly savings, but don't put lump sums in AIB expecting 3%.

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    AIB Demand Deposit

    Rate: 0.25% (0.15% after DIRT) Access: Instant

    The Problem

    €50,000 in AIB Demand Deposit earns:

    • Gross: €125/year
    • After DIRT: €74/year

    The same €50,000 in Bunq earns:

    • Gross: €1,005/year
    • After DIRT: €593/year

    You're missing out on €519/year by leaving money in AIB.

    Verdict

    Do not use AIB Demand Deposit for savings. Move to Bunq or Trade Republic.

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    AIB Fixed Term Deposits

    | Term | Rate | Minimum | After DIRT | |------|------|---------|------------| | 1 Year | 2.00% | €15,000 | 1.18% | | 2 Years | 2.26% | €15,000 | 1.33% | | 3 Years | 2.28% | €15,000 | 1.35% |

    Are AIB Fixed Terms Worth It?

    Compared to alternatives:

    | Option | 1-Year Rate | After DIRT | |--------|-------------|------------| | AIB | 2.00% | 1.18% | | Raisin (Aareal) | 2.80% | 1.65% | | State Savings (5-yr) | 1.74% | 1.74% |

    AIB fixed terms are competitive but not best-in-class.

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    AIB Savings Strategy

    For Monthly Savings

    • Use Online Saver (3% on up to €1k/month)
    • Set up standing order on payday
    • Set reminder for month 11 to review

    For Lump Sums

    • Don't use AIB Demand Deposit
    • Move to Bunq (2.01% instant access)
    • Or Raisin (2.80% 1-year)

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    Pros and Cons

    Pros

    ✅ Online Saver at 3% is competitive (for regular savers) ✅ Large branch network ✅ Full Irish deposit guarantee

    Cons

    ❌ Demand Deposit rate is terrible (0.25%) ❌ High minimum for fixed terms (€15,000) ❌ Online Saver limited to €1k/month

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    Summary

    | AIB Account | Worth It? | Alternative | |-------------|-----------|-------------| | Online Saver (3%) | ✅ For monthly savings | None better in Ireland | | Demand Deposit (0.25%) | ❌ No | Bunq (2.01%) | | Fixed Term (2%) | ⚠️ Maybe | Raisin (2.80%) |

    Bottom line: Use AIB Online Saver for monthly savings. Move lump sums elsewhere.

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    Last updated: January 2026

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