What is the interest rate on PTSB Fixed Term: 5 years?
PTSB Fixed Term: 5 years pays 2% AER. After 33% DIRT tax, the effective rate is 1.34%.
PTSB Fixed Term: 5 years
2% AER - Fixed Term savings account from PTSB. 1.34% after 33% DIRT tax.
Account Details
- Interest Rate: 2% AER (1.34% after DIRT)
- Account Type: Fixed Term
- Access: Fixed for 5 years
- Minimum Deposit: €5,000
- Maximum Deposit: No maximum
- Deposit Protection: Irish DGS
- Provider: PTSB
Interest Calculator
Estimated annual interest at 2% AER:
- €5,000 → €100.00 gross (€67.00 after DIRT)
- €10,000 → €200.00 gross (€134.00 after DIRT)
- €25,000 → €500.00 gross (€335.00 after DIRT)
Use our savings calculator for detailed projections.
About PTSB
Irish retail bank. Fixed term and notice accounts.
Website: https://www.ptsb.ie/
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Frequently Asked Questions
Is my money protected with PTSB?
Yes, deposits are protected under Irish DGS. This covers up to €100,000 per person per institution.
How do I open this account?
Visit PTSB's website or branch to apply. You'll typically need ID and proof of address.
Can I withdraw early from a fixed term account?
Fixed term accounts typically don't allow early withdrawals, or may charge penalties. Fixed for 5 years. Check the specific terms before opening.
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.
More Information
- Compare all savings accounts: https://smartsaver.ie/savings
- All PTSB accounts: https://smartsaver.ie/savings/provider/ptsb
- Savings calculator: https://smartsaver.ie/savings/tools/savings-growth
- PTSB website: https://www.ptsb.ie/