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Thursday, November 3, 2011

New Permanent tsb 26 Month Fixed Rate of 10%

Permanent tsb has always been committed to innovative and market leading products which is why I’m delighted to announce an addition to our range of Signature Interest First products, a highly competitive 26 Month Fixed Rate of 10% Gross (4.91% AER) for amounts of €10,000 or more.
The interest rates of all other fixed rate terms remain unchanged.

Product Details
  • Deposit Interest Retention Tax (D.I.R.T), will be charged in full at the prevailing rate currently 27% within one month of account opening, where applicable.
  • Customers will receive their interest by cheque within one month of account opening. 
  • Due to the nature of the Interest First account no withdrawals will be allowed during the term of an account, with the exception of up to 14 days after account opening/rollover.

Who Can Avail of Interest First?
  • Personal Customers
  • ARF/AMRF
  • SSAP
  • Non Personal (to a maximum of €1 Million)
The new 10 % Gross 26 Month Fixed Interest First Product is effective from start of business Wednesday 28th September and is available for balances of €10,000 or more.
Interest First Product Range effective 28th September 2011.
Product                                                     Rate        Gross Return            AER
Interest First (6 Months Fixed)                    3.50%              1.73%               3.59%
Interest First (12 Months Fixed)                  3.95%               3.95%               4.10%
Interest First (18 Months Fixed)                  6.00%               6.00%               4.18%
Interest First (24 Months Fixed)                  8.00%               8.00%               4.22%
NEW!!! Interest First  (26 Months Fixed)     10.00%             10.00%               4.91%

 
Please find attached our revised rates matrix for your convenience.

 
Here’s the good news
  • Deposit Interest Retention Tax (D.I.R.T), will be charged on the full interest paid at the prevailing D.I.R.T rate, currently 27%.
  • We continue to retain market leading products, currently holding 6 best in market buy’s across our product range.

 

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