Junior Saver

Kick start the savings habit

Learning to save money can be a lesson for a lifetime. With our Junior Saver Account, you can put money away easily and get to it whenever you want.

To reward your savings, we will give you a higher interest rate on any balances up to €1,000. Our interest rate for balances you save over €1,000 are lower. Check out our interest rates here.

A variable rate of interest will be earned each day and we’ll put it into your account each April and October.

Junior Saver Account

A great way to start saving if you are aged 7-11

Save as little or as much as you want

Access your money instantly

Check our rates

What it offers

Easy to use

Whenever you get a bit of extra cash, you can put it into our Junior Saver Account – any amount at any time.

Flexibility

You can take out money at any time.

Great Rates

Competitive savings rates to help you make the most out of your money. More about our competitive savings rates.

How to open a Junior Saver Account

You can open the Junior Saver Account at any AIB branch. You can only open one Junior Saver Account and the account is only available in your own name.

Like opening any account, if you are not currently an AIB customer, you’ll need to prove your identity and address. Because you are not 16 yet, your parent or guardian will need to agree to opening the account. They will need to prove your identity, their identity and your address. Find out more about our identification requirements.

Open an account in a branch near you

Apply now in branch

There is no AIB Debit Card issued with a Junior Saver Account.

We don’t charge maintenance or transaction fees on a Junior Saver Account. For certain customer requests there may be service charges. For more information on fees see "A Guide to Fees and Charges for Personal Accounts".

Looking for more information?

Deposit rates

Find out more about our Deposit Account Rates

Our Deposit Account Rates

Branch locator

Book a meeting at any branch

Find a branch near you

Frequently asked questions

The answer to your questions

FAQs for savings and deposits

Important information

Terms and Conditions and other important information

Read the AIB Junior/Student Saver Deposit Account Terms and Conditions (PDF, 9 pages, 411KB).

When you are 12, the name of your account will change from ‘Junior Saver’ to ‘Student Saver’. Everything else stays the same. When you are 19, we will automatically change your Student Saver to a Personal Demand Deposit Account. We will give two months’ notice before we make this change.

The Revenue Commissioners is the primary state body responsible for the assessment and collection of taxes and duties. Visit the Revenue website.

For all service-related queries please visit our Help Centre. Visit Help Centre.
Tax on Interest earned on Deposit Accounts
- We will deduct Deposit Interest Retention Tax (DIRT) at the prevailing rate from all interest earned, unless you are entitled to exemption from DIRT, and we will pay this directly to the Revenue Commissioners.
- To the extent that DIRT has been deducted there is no further liability to Irish income tax, but you may be subject to Pay Related Social Insurance (PRSI). Deposit Interest is not liable to the Universal Social Charge.
- The Bank will deduct DIRT from the accounts of customers unless a fully completed non-resident declaration form is held by the Bank and a minimum balance of €12,500 is maintained at all times in each account maintained by the customer. Where these conditions are maintained, we will apply this DIRT exemption to all accounts you hold with us.
- If you or your spouse are aged 65 or over in the current tax year, or permanently incapacitated, and you are exempt from income tax, you may apply to have all interest on the account paid without deduction of DIRT. Each personal account you hold with us requires a separate application.
- Details of your account may be reported to the Revenue Commissioners, in accordance with various legislative requirements covering the United States Foreign Account Tax Compliance Act (FATCA), the Organisation for Economic Co-operation and Development (OECD) Common Reporting Standard (CRS) and domestic banking payments regulations.

A.E.R is Annual Equivalent Rate. Rates quoted are variable. Interest is subject to Deposit Interest Retention Tax (DIRT), at the prevailing rate where applicable (Visit the Revenue website).

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