Deposit rates on 20 May 2013
- It is your responsibility to ensure that the deposit you select meets your needs so it is important that you seek appropriate financial advice.
- Standard Life does not endorse or recommend any deposit or deposit provider and is not responsible for a deposit’s performance or the solvency of a deposit provider.
- In the event of a deposit provider being unable to meet any claims against it, money from your policy held with that provider will not be covered by schemes such as the Financial Services Compensation Scheme or the Deposit Guarantee Scheme.
Deposits available through the self directed option on Synergy pensions and investments
| Term | EBS Limited | KBC Bank Ireland plc | Nationwide UK (Ireland) | RaboDirect |
|---|---|---|---|---|
| Demand deposit (€5,000 - €20,000) |
|
|
1.70% Variable^ 1.70% AER |
2.25% Variable^^ 2.25% AER |
| Demand deposit (€20,001 - €1,000,000) |
|
|
1.70% Variable^ 1.70% AER |
1.75% Variable^^^ 1.75% AER |
|
Demand deposit *
(€1,000,001 - €10,000,000)
|
|
|
1.70% Variable^ 1.70% AER |
1.25%
Variable^^^^ 1.25% AER |
| 12 month fixed (Minimum €5,000) |
1.42% over term 1.42% AER |
1.70% over term 1.70% AER |
1.55% over term 1.55% AER |
|
| 15 month fixed (Minimum €5,000) |
|
|
2.51% over term (1) 2.00% AER |
|
| 18 month fixed ** (Minimum €5,000) |
2.14% over term 1.42% AER |
|
|
|
| 2 year fixed (Minimum €5,000) |
|
|
3.53% over term (1) 1.75% AER |
|
| 3 year fixed (Minimum €5,000) |
4.56% over term (2) 1.52% AER |
|
5.34% over term (1) 1.75% AER |
|
| 5 year fixed (Minimum €5,000) |
13.2% over term (2) 2.64% AER |
|
|
6.50% over term (2) 1.30% AER |
*Please call us on 01 639 7080 for rates on amounts of over €10,000,000 with RaboDirect.
**Interest is applied at maturity for 18 month deposits.
^Interest is accrued daily and applied annually, which is equivalent to 1.70% AER variable. Previous rate 2.00%, (2.00% AER), effective from 23/5/12 to 13/5/13
^^Interest is accrued daily and applied monthly, which is equivalent to 2.25% AER variable. Previous rate 2.43%, (2.45% AER), effective from 28/3/13 to 3/5/13
^^^Interest is accrued daily and applied monthly, which is equivalent to 1.75% AER variable. Previous rate 1.84%, (1.85% AER), effective from 28/3/13 to 3/5/13
^^^^Interest is accrued daily and applied monthly, which is equivalent to 1.25% AER variable. Previous rate 1.49%, (1.50% AER), effective from 28/3/13 to 3/5/13
For earlier variable demand rates, please call us on 01 639 7080
For Term deposits
Interest is applied annually and
(1) compounded to your fixed term deposit annually or,
(2) paid to your policy cash account annually.
- The rates may change or be withdrawn at short notice. The rate you get is the rate available on the day the money is received by your chosen provider. This may take up to five working days.
- At the end of your fixed term deposit, the value of the deposit will be lodged to your policy cash account. You should then consider your investment options and seek appropriate financial advice.
- AER is the annual equivalent rate and shows what the interest rate would be if compounded and paid each year.
- There may be other deposit terms and providers not shown here which are available as an investment option. Call us on 01 639 7080 or email selfdirected@standardlife.ie for more information.
