18 Month Fixed

What is Raisin? Raisin is an EU savings marketplace connecting you with banks across Europe offering higher rates than Irish banks.

Minimum Deposit: €500 opening deposit required.

What is DIRT? DIRT (Deposit Interest Retention Tax) is a 33% tax on savings interest in Ireland. Irish banks automatically deduct this before paying you interest. EU banks like those on Raisin don't - you receive the full gross interest and must declare it yourself.

Tax Filing: You'll need to self-declare interest on your annual tax return (Form 11 or Form 12). Raisin provides an annual interest statement to help with this. The tax rate is still 33% - you just pay it at tax return time instead of having it auto-deducted.

Protection: Your savings are protected up to €100,000 by the deposit guarantee scheme of the partner bank's country (e.g., German DGS, Norwegian DGS).