What is the interest rate on PTSB 2 Year Fixed Term?
PTSB 2 Year Fixed Term pays 1.85% AER. After 33% DIRT tax, the effective rate is 1.24%.
PTSB 2 Year Fixed Term
1.85% AER - Fixed Term savings account from PTSB. 1.24% after 33% DIRT tax.
Account Details
- Interest Rate: 1.85% AER (1.24% after DIRT)
- Account Type: Fixed Term
- Access: Fixed for 2 years
- Minimum Deposit: €5,000
- Maximum Deposit: €2,000,000
- Deposit Protection: Irish DGS
- Provider: PTSB
Notes: Fixed rate for 2 years.
Interest Calculator
Estimated annual interest at 1.85% AER:
- €5,000 → €92.50 gross (€61.98 after DIRT)
- €10,000 → €185.00 gross (€123.95 after DIRT)
- €25,000 → €462.50 gross (€309.88 after DIRT)
Use our savings calculator for detailed projections.
About PTSB
Irish retail bank. Fixed term and notice accounts.
Website: https://www.ptsb.ie/
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Frequently Asked Questions
Is my money protected with PTSB?
Yes, deposits are protected under Irish DGS. This covers up to €100,000 per person per institution.
How do I open this account?
Visit PTSB's website or branch to apply. You'll typically need ID and proof of address.
Can I withdraw early from a fixed term account?
Fixed term accounts typically don't allow early withdrawals, or may charge penalties. Fixed for 2 years. Check the specific terms before opening.
Do I have to pay tax on the interest?
Yes, interest is subject to 33% DIRT (Deposit Interest Retention Tax). Check with the provider whether DIRT is automatically deducted.
More Information
- Compare all savings accounts: https://smartsaver.ie/savings
- All PTSB accounts: https://smartsaver.ie/savings/provider/ptsb
- Savings calculator: https://smartsaver.ie/savings/tools/savings-growth
- PTSB website: https://www.ptsb.ie/