• Post Office Savings Bank Deposit Account (POSB)
• Book based
• No fees, charges or commissions
• Minimum deposit €0.01
• Interest earned is subject to Deposit Interest Rate Tax (DIRT) at the prevailing rate
• Interest is calculated daily and added to your holdings at 31 December each year
• Additional lodgements can be made at any Post Office or directly by post

• Up to €3,000 daily limit available on demand at any Post Office.
• Over €3,000 limit is available subject to 7 days notice
• This product is not available online
• The POSB Account can be operated by an account holder aged 7 years or more without the consent of the child's parent or guardian
• The maximum overall limit for POSB Deposit Accounts is €250,000 per individual customer. For non-individuals, the maximum overall limit is €5,000,000.

Frequently asked questions

• Will I pay any fees, charges or commissions?

• Are State Savings products subject to tax?

• Are my State Savings products guaranteed?

• I don't live in Ireland. Can I buy Prize Bonds and State Savings products?

Forms & Downloads

• Book Based Deposit Account Brochure

• Book Based Deposit Account Application Form

• Book Based Deposit Account Repayment Form