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Fixed Term Deposit Accounts

Accounts that reward patience

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Our range of Fixed Term Deposit Accounts have a competitive fixed interest rate that reward you for putting your savings away for longer. Terms range from 6 months to 5 years so you can choose the best term for your needs.

Our Fixed Term Deposit Accounts Interest Rates

Term Required balance Gross interest rate Gross return AER
6 months €5,000+ 2.00% 0.98% 2.00%
1 year  €5,000+ 2.75% 2.75% 2.75%
18 months €5,000+ 3.73% 3.73% 2.50%
3 years €5,000+ 6.44% 6.44% 2.10%
5 years €5,000+ 10.41% 10.41% 2.00%

View and compare more Deposit Interest Rates.

Features and Benefits

  • Competitive rates: Benefit from competitive fixed rates to maximise growth of your savings.
  • Application process: Open in branch and also avail of a Savings Review to determine the most suitable account for your needs.
  • Guaranteed return: Get peace of mind that your savings are secure and growing, with a guaranteed return at the end of your fixed term on a minimum deposit of €5,000.
  • No max limit: After you have lodged your minimum deposit of €5,000, there is no limit on savings and you can make multiple lodgments for the first 14 days after opening the account.
  • Simple roll-over process: On maturity, we will automatically reinvest your funds into our Instant Access Account unless you choose to close the account. More details on what happens when the term ends. Instructions for another fixed term can be provided through Open24 Online Banking, by contacting our Deposit Maturities Team, or by visiting your local branch. 
  • More freedom: There is no restriction to the number of Fixed Term Accounts you can open which allows you to diversify your savings.


  • Withdrawal options:
    • You can withdraw your funds within 14 days from the date of investment without incurring any charges or penalties.
    • If you wish to withdraw your funds after 14 days from the date of investment or before the term ends, an early withdrawal charge will apply.

More information | Terms and Conditions

Important information

Direct Debits and Standing Orders cannot be set up on this account.

How to open an account

You can open a Fixed Term Deposit Account by making an appointment at one of our branches where one of our team will assist you with your application. Call us to book an appointment in your local branch.

View documents needed to open a Fixed Term Deposit Account.

Find a branch Call 0818 50 24 24



Want to open online?

If you are a PTSB customer, we have Online Fixed Term Deposit Accounts you can open online today. 

Get started

When the Term Ends: Next steps

When your Fixed Term Account matures, it will automatically roll-over into an Instant Access Account should you not choose an alternative arrangement for your funds. This account will be at a variable interest rate which is currently 0.01% Gross/AER. If you choose to roll the account for another fixed term, you will have 14 days to lodge additional funds or make a withdrawal. 

I want to reinvest my funds

Should you want to reinvest your funds and get the most from your Deposit Account, you can roll the account for another Fixed Term Deposit Account by:

  1. Logging in to Open24 Online Banking.
  2. Contacting our Deposit Maturities Team on 0818 600 209 or +353 1 655 0509. Lines are open from 9am to 5pm, Monday to Friday (excluding Bank Holidays).
  3. Making an appointment at your local branch.
I don’t want to reinvest my funds

If you don’t want to reinvest all your funds for another fixed term you can:

  1. Withdraw: Transfer your funds to your Current AccountNotice Savings Account, or Demand Deposit Account. (Don't have these accounts? – see step 2).
  2. Full balance withdrawal and account closure: To withdraw all your funds and close your account, you will need to attend a branch with valid photo ID and proof of address. Acceptable forms of ID and proof of address.

We're here to help

Give us a call on 0818 50 24 24 or +353 1 212 4101 (from abroad) and our dedicated team will assist you. Lines are open from 9am to 5pm Monday to Friday (excluding Bank Holidays), and from 10am to 2pm Saturday and Sunday.

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