Features and Benefits

• Key Benefits
  • Manage your account easily online
  • Get access to your money with a given notice period
  • You may earn a variable rate of interest
  • No minimum opening balance and a maximum balance of €1,000,000
  • Pay money into your account as often as you like from accounts held on your AIB Internet Banking Profile. You can also pay money into your account electronically from other AIB accounts or accounts from other financial institutions
  • The Online Notice Deposit 7 Account is available to open through AIB Internet Banking and AIB branches
  • You can hold a maximum of four Online Notice Deposit 7 Accounts in your own name or shared with someone else. (The only way to open an account with someone else is to visit your local branch). To run a shared account with someone else the signing instruction is ’Any one to sign’. This means both of you can use the account independently without the other’s permission
  • To open an online savings account with AIB, you need to be a personal customer, registered for AIB Phone and Internet Banking and have an AIB payment account e.g. an AIB Demand Deposit Account or AIB Current Account. If you are a new customer or do not already have a suitable AIB Bank Account, we recommend that you open a Personal Demand Deposit Account to avoid transaction fees and charges
  • To use your account, you must be a registered user of AIB Internet Banking
  • A variable interest rate applies to your money. We calculate interest each day and pay it to your account in April and October
  • We don't charge maintenance or transaction fees but there may be other service charges. For details see "A Guide to Fees and Charges for Personal Accounts".
     

  Notice Periods:

  With the Online Notice Deposit 7 Account, you need to give 7 days’ notice for withdrawals online through AIB Internet Banking. Once the 7 days are up, you can make a single withdrawal or multiple withdrawals (up to the amount you served notice on) at any time during the following 7 days.
  

  
  At the point of serving notice, you can choose to have your money automatically transferred, when your notice has been served in full, to any account on your AIB Internet Banking Profile.