What is the interest rate on State Savings 5 Year Savings Certificate?
State Savings 5 Year Savings Certificate pays 1.74% AER. This rate is tax-free.
State Savings 5 Year Savings Certificate
1.74% AER - Fixed Term savings account from State Savings. Tax-free interest.
Account Details
- Interest Rate: 1.74% 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.
Interest Calculator
Estimated annual interest at 1.74% AER:
- €1,000 → €17.40 gross
- €5,000 → €87.00 gross
- €10,000 → €174.00 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/
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Frequently Asked Questions
Is my money protected with State Savings?
Yes, deposits are protected under Irish Government. This covers up to €100,000 per person per institution.
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://smartsaver.ie/savings
- All State Savings accounts: https://smartsaver.ie/savings/provider/state-savings
- Savings calculator: https://smartsaver.ie/savings/tools/savings-growth
- State Savings website: https://www.statesavings.ie/