News about Ireland

Bank of Ireland is raising interest rates on a range of its fixed-term savings accounts from today. Rates on its 6-, 12- and 18-month Advantage Fixed Term Deposits will rise by between 0.25% and 0.5%. Customers can access up to 25% of their deposited funds during the term, while existing fixed-term customers keep their current rate until their term ends. Carol Meehan, Director of Everyday Banking, said the increases strengthen returns across the range and give customers a choice of terms and access to up to 25% of their money during the term.