This account was previously known as Deposit Account Plus. The thirty day notice period has been removed and the interest rate is the same as the book-based deposit account. Note that the age at which you may hold this account in your own name is different from the book-based account.
Interest rate – currently 0.15% variable subject to DIRT at the prevailing rate Gross AER 0.15%
No fees, charges or commission
Minimum deposit €1
No Maximum savings limit
Additional lodgements can be made to the account at any Post Office or directly to State Savings, GPO, FREEPOST, Dublin 1.
Withdrawals by Postal Application only, subject to 7 days notice
Interest is calculated on a daily basis and added to the account at 31 December each year.
An Annual statement is issued on all accounts in January each year or at the end of a quarter where there were transactions in that period.
Minors (aged less than 18) may only operate the account with the written consent of the parent or guardian.
Terms and conditions apply.
Non-resident customer declaration form
If you are non-resident in Ireland you may claim the payment of Interest without the deduction of Deposit Interest Retention Tax (DIRT). Please note you may have a tax liability on this interest in the State in which you currently reside. Your must advise State Savings if you subsequently become an Irish Resident. For Joint accounts all parties must be non-resident to qualify for the DIRT exemption.
Customers aged 65 or over
If you or your spouse are aged 65 or over you may qualify to receive interest on your account DIRT free – see further information on www.revenue.ie/en/tax/dirt/leaflets/de1.html