Features and benefits

• Fixed interest rate for your chosen term

  The Fixed Rate Saver offers attractive rates of interest, with the rate fixed for the term of the deposit, regardless of money market fluctuations.

  You can choose a term of 6, 12 or 24 months.

• Earn a fixed interest rate of 4.30% Gross* p.a. /AER** for a 24 month term.

  Interest on the account is calculated daily from the date of receipt of cleared funds until maturity date.

  For the 24 month term, interest earned in the first year will be paid into the Fixed Rate Saver account on the anniversary of account opening, where it will then earn interest for the second year. Interest earned in the second year will be paid on maturity.

• Earn a fixed interest rate of 4.60% Gross* p.a. /AER** for a 12 month term.

  Interest on the account is calculated daily from the date of receipt of cleared funds until maturity date.

  For the 12 month term, interest will be paid on maturity

• Earn a fixed interest rate of 4.35% Gross* p.a. / AER** for a 6 month term.

  Interest on the account is calculated daily from the date of receipt of cleared funds until maturity date.

  For the 6 month term, interest will be paid on maturity

• No withdrawals or further deposits until maturity

  Following the initial lodgement, you cannot make any further deposits or withdrawals to your account until maturity. However at the end of the term, if you decide to reinvest, we will allow you to make an additional single lodgement of £1,000 or more during the five business days prior to maturity, providing the total balance does not exceed £200,000.
  Withdrawals can only be made at maturity.

  Before opening this account, it is very important that you consider your short term needs and ensure that you have sufficient funds in short term accessible deposit products.

• Options available at maturity

  At account opening, and during the term of your account, you can give us maturity instructions to tell us what you would like to do with your funds when the account matures.
  You can choose to reinvest, withdraw some of your funds and reinvest the balance, or withdraw all of your funds and close your account.

  It is very important to be aware that if you don't give us maturity instructions, your funds will be automatically reinvested for the same or a similar term at the applicable rate and you won’t be able to access your funds until the next maturity date.

  We’ll send you a letter one month before your account matures to remind you what’s going to happen with your funds. If you want to give us a different maturity instruction, just contact your branch up until close of business on the Business Day before your Maturity date. You can also change your maturity instruction using our Online Banking service.
  If your money is reinvested, and then you change your mind, you can cancel your account, by contacting us in writing within 14 days of the reinvestment.

• Open your account today
  • Please note you must be a UK resident to open an account with us.
  • If you're registered for our Online Banking service, simply open a new Fixed Rate Saver Account by selecting the 'Apply & Open' option.
    
  • Alternatively call into your nearest AIB branch or call us on 0345 6005 925^† if you would prefer to make an appointment.
  • We will need to see proof of your identity and address (such as your passport, driving licence and a gas or electricity bill).  If you are not sure what proof we accept, click here or speak to a customer service adviser on 0345 6005 925^†.  
  • Complete and sign the relevant forms and we will do the rest.

  Find out more by reading our question and answer section.