Regular Saver Deposit Accounts
Our Deposit Accounts allow you the freedom to save separately to your share account while earning interest (rate is variable). There is a two year and three year option available. Details are listed below.
We’re here to help you start saving today.
At your credit union savings are an integral part of how we operate and provide our services. HSSCU has a saving option for you. Whether you are saving for something specific, or want to build a ‘rainy day fund’, we can help.
Talk to us today about our Saver Deposit Account.
Members must hold a minimum balance of €50 in a Share Account before a Deposit Account can be opened.
Two Year Regular Saver Deposit Account
Rate of 0.5% + 0.5% bonus (AER 0.99%)
Term of 2 years
Minimum monthly limit of €50
Maximum monthly limit of €1,000
Account Interest Rate is paid monthly. If held for the full term of the deposit, a Bonus Interest Rate will be paid i.e. the full interest earned during the term of the deposit will be added to the account at maturity, 0.5% p.a. + 0.5% p.a. = 1% (AER 0.99%).
Two Year Regular Saver Deposit Account terms and conditions available here – Terms & Conditions
Three Year Regular Saver Deposit Account
Rate of 0.75% + 0.75% bonus (AER 1.49%)
Term of 3 years
Minimum monthly limit of €50
Maximum monthly limit of €1,000
Account Interest Rate is paid monthly. If held for the full term of the deposit, a Bonus Interest Rate will be paid i.e. the full interest earned during the term of the deposit will be added to the account at maturity, 0.75% p.a. + 0.75% p.a. = 1.5% (AER 1.49%).
Three Year Regular Saver Deposit Account terms and conditions available here: Terms & Conditions
Other Information
Annual Equivalent Rate (AER) shows the real interest you will earn on savings at the end of a year. AER is the amount of interest earned in a year. AER is useful for comparing the return on savings accounts because it shows how much is earned regardless of how often interest is credited to an account. It is standard practice in Ireland to list interest as AER for savings accounts. You may earn less than the AER because your money may not be invested for a full year. AER is usually quoted without taking DIRT into account.
Rates quoted are variable. Interest is subject to Deposit Interest Retention Tax (DIRT), at the prevailing rate where applicable. For more information please visit: www.revenue.ie
Contact us for more details on how you can apply for a Deposit Account.