Our SmartSaver Vaults allow you to deposit your funds into either a 6 month or 12 month locked investment term. This means that, for the duration of the term you choose, your funds will be securely held until the Vault has matured.

In return for locking in your investment, we offer a competitive and high return. This means that your money will earn more than it would in your Main SmartSaver Account, giving you the opportunity to reach your financial goals faster.

The Rates of Return will vary depending on the term length you choose:

If you opt for a shorter 6 month term, you can expect a Daily Return of 8.5% Nominal, equal to an Annual Yield of 8.87% APY

While the longer 12 month term will earn you a Daily Return of 9.5% Nominal, equal to an Annual Yield of 9.96% APY

These rates are calculated and added to your Vault daily, allowing for steady growth of your funds.

To start your Vault you will need to have a minimum of €100 in your main SmartSaver account. From here you can open a Vault and move your money across.

You also have the option of giving your Vault a name. It could reflect your goal for the Vault or something fun!

Once you have opened your Vault you will have 10 days to complete your investment in that Vault before it is locked for the duration you have chosen.

We understand that return rates are an important consideration for our customers, and we strive to offer competitive rates that will help you reach your financial goals.

We suggest that you read through the Terms and Conditions of the Vaults before signing up. You can find the terms here
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