Offering a competitive rate for your savings with only 7 days’ notice to take your money out
Secure and flexible, an Online Notice Deposit 7 Account is the perfect solution if you want flexibility in the amount you save while getting quick access with only 7 days’ notice needed to take money out.
You can manage your savings through the AIB Mobile App, Internet Banking or at a kiosk in branch.
A variable interest rate will be earned each day and we’ll put it into your account each April and October.
Open your account online in minutes What it offers
Great Rates
Earn a competitive rate to help you make the most of your money.
Easy Access
Manage your account online. You will need to serve 7 days’ notice to access your money.
Flexibility
You can save money into your account as often as you like from your other AIB accounts online or electronically from accounts in other financial institutions.
How to open an Online Notice Deposit 7 Account
You can open an Online Notice Deposit 7 Account through AIB Internet banking or in any branch in your own name and start saving straight away.
You can hold up to 4 Online Notice Deposit 7 Accounts in your own name or shared with someone else. If you want to open an account with someone else, you will need to visit a branch.
Like opening any account, if you are not currently an AIB customer, you’ll need to prove your identity and address. Find out more here.
There is no AIB Debit Card issued with a Online Notice Deposit 7 Account.
We don’t charge maintenance or transaction fees on an Online Notice Deposit 7 Account. For certain customer requests there may be service charges. For details see "A Guide to Fees and Charges for Personal Accounts".
Additional information on serving notice
You can take your money out in one transaction or multiple transactions (up to the amount you told us when you served notice), for 7 days after you have served notice on the account. If you don’t take your money out during these 7 days, you’ll need to serve another 7 days’ notice to access our money.
Alternatively, you can ask us to move your money for you by selecting a suitable AIB account available when confirming your 7 days’ notice. Your money will then be moved on the day that notice period is served in full. If this day is a non-business day, we will move your money the next business day instead.
You can cancel your 7 days’ notice at any time up to the business day before the notice period is served in full.
Looking for more information?
Important information
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Terms and Conditions and other important information
Read the AIB Online Notice Deposit 7 Account Terms and Conditions.Read the AIB Online Notice Deposit 7 Account Important Information.To use your account online, you must be registered to our Phone and Internet Banking service. It’s not possible to set up standing orders, direct debits or make bill payments from this account.Find out more about AIB Phone & Internet Banking transfer limits and operating hours here.Revenue.ie - The Revenue Commissioners is the primary state body responsible for the assessment and collection of taxes and duties.Help Centre - For all service-related queries please visit our Help Centre.
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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 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
AER is annual equivalent rate. Rates quoted are variable. Interest is subject to Deposit Interest Retention Tax (DIRT), at the prevailing rate where applicable (for more information please visit: www.revenue.ie).
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