What is the interest rate on State Savings 5 Year Savings Certificate?
State Savings 5 Year Savings Certificate pays 2.29% AER. This rate is tax-free.
State Savings 5 Year Savings Certificate
2.29% AER - Fixed Term savings account from State Savings. Tax-free interest.
Account Details
- Interest Rate: 2.29% AER (tax-free)
- Account Type: Fixed Term
- Access: Fixed for 5 years
- Minimum Deposit: €50
- Maximum Deposit: €120,000
- Deposit Protection: Irish Government
- Provider: State Savings
Notes: TAX-FREE (no DIRT). Irish State guaranteed. 12% total return.
Interest Calculator
Estimated annual interest at 2.29% AER:
- €1,000 → €22.90 gross
- €5,000 → €114.50 gross
- €10,000 → €229.00 gross
Use our savings calculator for detailed projections.
About State Savings
TAX-FREE savings backed by Irish Government. Via An Post.
Website: https://www.statesavings.ie/
Compare Similar Fixed Term Accounts
- Raisin (Deutsche Bausparkasse Badenia) 10 Years Fixed - 3.65% AER
- Raisin (Achmea Bank) 10 Years Fixed - 3.61% AER
- Raisin (Deutsche Bausparkasse Badenia) 8 Years Fixed - 3.6% AER
- Raisin (Deutsche Bausparkasse Badenia) 9 Years Fixed - 3.6% AER
- Raisin (Achmea Bank) 8 Years Fixed - 3.56% AER
Frequently Asked Questions
Is my money protected with State Savings?
Yes, deposits are protected under Irish Government. State Savings products are backed by the Irish Government with no upper limit.
How do I open this account?
Open online at statesavings.ie or at any An Post branch. You need your PPS number.
Can I withdraw early from a fixed term account?
Fixed term accounts typically don't allow early withdrawals, or may charge penalties. Fixed for 5 years. Check the specific terms before opening.
Is this account tax-free?
Yes, State Savings 5 Year Savings Certificate is tax-free. No DIRT tax applies to the interest earned.
More Information
- Compare all savings accounts: https://www.smartsaver.ie/savings
- All State Savings accounts: https://www.smartsaver.ie/savings/provider/state-savings
- Savings calculator: https://www.smartsaver.ie/savings/tools/savings-growth
- State Savings website: https://www.statesavings.ie/