What is the interest rate on Raisin (Morrow Bank) Demand Deposit?
Raisin (Morrow Bank) Demand Deposit pays 2.34% AER. After 33% DIRT tax, the effective rate is 1.57%.
Raisin (Morrow Bank) Demand Deposit
2.34% AER - Instant Access savings account from Raisin (Morrow Bank). 1.57% after 33% DIRT tax.
Account Details
- Interest Rate: 2.34% AER (1.57% after DIRT)
- Account Type: Instant Access
- Access: Instant access - withdraw anytime
- Minimum Deposit: €1
- Maximum Deposit: €100,000
- Deposit Protection: Swedish DGS
- Provider: Raisin (Morrow Bank)
Notes: Via Raisin from Morrow Bank. Swedish DGS. DIRT not auto-deducted - self-declare on tax return.
Interest Calculator
Estimated annual interest at 2.34% AER:
- €1,000 → €23.40 gross (€15.68 after DIRT)
- €5,000 → €117.00 gross (€78.39 after DIRT)
- €10,000 → €234.00 gross (€156.78 after DIRT)
Use our savings calculator for detailed projections.
About Raisin (Morrow Bank)
Marketplace for EU bank deposits. Various deposit guarantee schemes apply depending on the partner bank's country.
Website: https://www.raisin.com/en-ie/
Compare Similar Instant Access Accounts
- Bunq Savings Account - 3.11% AER
- Raisin (Raisin Starter Account) Demand Deposit - 3.1% AER
- Trade Republic Savings Account - 3.04% AER
- Revolut Instant Access Savings (Ultra) - 2.75% AER
- Revolut Instant Access Savings (Standard) - 2.5% AER
Frequently Asked Questions
Is my money protected with Raisin (Morrow Bank)?
Yes, deposits are protected under Swedish DGS. This provides protection up to €100,000 under EU deposit guarantee rules.
How do I open this account?
Register at raisin.ie, complete verification, then select this offer from available options.
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://www.smartsaver.ie/savings
- All Raisin (Morrow Bank) accounts: https://www.smartsaver.ie/savings/provider/raisin
- Savings calculator: https://www.smartsaver.ie/savings/tools/savings-growth
- Raisin (Morrow Bank) website: https://www.raisin.com/en-ie/