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We know commitment is hard. With our Demand Deposit Account, you’re free to withdraw from your savings account whenever you like.

Free your savings

  • Access your savings at any time from any PTSB ATM.
  • Save as much or as little money as you like.
  • Lodge your funds at any time.
  • Withdraw your savings at any time.
  • A maximum of two Demand Deposit accounts can be opened either singly or jointly with another or others if you are a personal customer.
  • Please refer to our Non-Personal Deposit pages for information on non-personal accounts.

Get an ATM card

You'll get an ATM card for your Demand Deposit Account which means you can withdraw your savings, any time, at any PTSB ATM. Government stamp duty applies.

Save money your way

With a Demand Deposit Account from PTSB, you can lodge monthly payments, lump sums, or both. Plus you can use internet and telephone banking to make transfers into and out of your current account.

Demand Deposit rate below:

Gross Interest Rate AER (yearly interest)  Required Balance
0.01% 0.01% €0.01+

You’ll receive your interest, minus DIRT (Deposit Interest Retention Tax), on the first working day after 20 November each year. A variable rate means that your interest may change from time to time.

Annual Equivalent Rate (AER) illustrates what the interest would be if interest was paid and compounded each year. Our AER calculation assumes that the account is held for a year and that the interest rate remains constant.

Important Information: Direct Debits & Standing Orders cannot be set up on savings and deposit accounts 

How to Apply

You can only open this account by attending one of our branches. It cannot be opened online or in-app.

You can make an appointment in any of our branches and submit your application with one of our team.

Call us to make an appointment.

Find your local branch Call 0818 210 588

Compare Accounts

Not sure which account is right for you? Let us help you with that.

What would you like to do with your account?

How much will you place on deposit?

How would you like to draw down your money?

How would you like to open your account?

Please fill in all the fields above to get started!

Moving your bank?

Visit our Moving Bank Online Hub for step-by-step guides and information to support your move.

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