Online convenience and a fixed return.

If you have a substantial sum of money to put away, our Online Fixed Term Deposit might be just what you need. It offers a fixed rate of interest for a one year term, and you can manage your account conveniently and easily through AIB Internet Banking.

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Online Fixed Term Deposit

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    Features & Benefits

    How it works:

    • Open your account online in minutes*

    • The Online Fixed Term Deposit is available to open through AIB Internet Banking and AIB branches

    • You must be aged 18 or over to open an Online Fixed Term Deposit

    • The Online Fixed Term Deposit has a fixed term of one year

    • A competitive fixed rate of interest applies from the time of account opening

    • A lump sum savings account suitable for amounts between €15,000 and €100,000

    • No withdrawals or lodgements are permitted during the term. It is therefore important that you consider your short-term needs and ensure that you have sufficient funds in short-term accessible deposits

    • View and manage your account(s) exclusively online

    • No account servicing facilities will be provided in the Branch

    • You can hold a maximum of 4 Online Fixed Term Deposits whether sole, or joint, or a combination of sole and joint. Joint accounts can only be opened in the branch and the signing instructions must be 'any one to sign' i.e. any customer on the account can give an instruction without the knowledge of the other parties e.g. change of a maturity instruction.

    *Subject to Phone & Internet Banking Registration and a suitable AIB Payment account (E.g. Current account or Demand Deposit Account).

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    Additional Relevant Information for the Online Fixed Term Deposit Account:

    Account Opening

    • A fixed interest rate will apply from the time of account opening. The term of your account will always begin on a Business Day. If a lodgement is not made at the start of the term, this will result in interest applying to your account being less than the advertised amount.


    • You have ten days from the Investment Date (which you can ascertain by viewing your account online) to make a single lodgement to the account. Lodgements can be made in euro from any account with us or another financial institution from which you can make an electronic transfer. You can also lodge via draft or cheque in the Branch. If you do not make a lodgement to the account during this ten day period, the account will be closed

    • Additional lodgements cannot be made during the term of the account. However, if you decide to reinvest, we will allow you to make an additional lodgement to the account during the ten days prior to maturity

    • Any incoming payments received that would breach the minimum or maximum permitted balance will be returned to the originating Bank, which may take up to five business days.



    • No withdrawals are permitted during the term.  It is therefore important that you consider your short term needs and ensure that you have sufficient funds in short term accessible deposits

    • If you decide to withdraw your funds at maturity, you must select a payment account held with us in your name (sole or joint) which you are able to operate online with our AIB Internet Banking service for your funds to be credited to

    • Withdrawals are subject to AIB Phone & Internet Banking transaction limits.



    • During the term of the account, you can log into AIB Internet Banking and select what you would like to do with your funds at maturity

    • You can choose to reinvest, withdraw some of your funds and reinvest the balance, or close the account.  If you choose reinvest, your funds will be reinvested at the prevailing rate.  In the absence of such instructions, your funds will automatically be reinvested for the same or a lesser term (if the original term is no longer available) at the prevailing rate.


    Managing your Account Online

    • eStatements are issued on this account and will be issued to you at least once a year. If you wish to opt to receive a paper statement this must be requested by phoning AIB Direct Banking

    • AIB Internet Banking is made available to you for approximately 20 hours a day to enable you to access and utilise Banking Services

    • No maintenance or transaction fees apply but there may be other service charges. For details see "A Guide to Fees and Charges for Personal Accounts".

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Start saving online today.

We’re ready to help you start saving today.

To open an online deposit account with AIB, you need to be registered for AIB Phone and Internet Banking and have an AIB payment account e.g. an AIB Demand Deposit Account or AIB Personal Bank Account.

Login to our internet banking site, and open your online deposit account within minutes.

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Help and Guidance

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    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 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 interest paid may be reported to the Revenue Commissioners, in accordance with the requirements of S.891B of the Taxes Consolidation Act 1997.




    Where interest is paid to an individual resident in an EU Member state (other than Republic of Ireland) or certain department territories, that interest will be reported to the Revenue Commissioners in accordance with the European Union Council Directive 2003/48/EC (EU Savings Directive).

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    Personal Identification Requirements

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Terms and Conditions

View the Online Fixed Term Deposit Terms and Conditions

AIB Savings Calculator

Find out how even the smallest amount of regular savings will add up


Deposit Rates

Find out more about our Deposit Account Rates

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


Frequently Asked Questions
View our Online Fixed Term Frequently Asked Questions 

Help Centre

For all service related queries please visit our Help Centre.

Other Information

AER is annual equivalent rate. Interest is subject to Deposit Interest Retention Tax (DIRT), at the prevailing rate where applicable (for more information please visit:

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