Anglo Irish Bank Increases Personal Savings Rates

Anglo Irish Bank today (February 7th 2008) announced that it was increasing the rates on its personal savings accounts, specifically the Easy Access Account and 30 Day Notice account, with effect from February 29th 2008.

Dublin, Ireland (PRWEB) February 10, 2008 --
Anglo Irish Bank Increases Personal Savings Rates. Anglo Irish Bank today (February 7th 2008) announced that it was increasing the rates on its personal savings accounts, specifically the Easy Access Account and 30 Day Notice account, with effect from February 29th 2008.

-   Easy Access Account (Demand) paying 4.5% gross/AER
-   30 Day Notice Account paying 4.75% gross/AER
-   No minimum amounts
(Rate changes are with effect from February 29th 2008)

We have always been one of the highest paying banks for savings in Ireland and this increase in rates demonstrates our commitment to consistently deliver the best range of savings accounts to the Irish saver. As we have highlighted before, there are billions of savings out there earning little or no interest and we have always been there to provide an alternative.

The rate changes are as follows:
-   Easy Access account increased by 0.5% to 4.5% gross/AER
-   30 Day Notice Account increased by 0.25% to 4.75% gross/AER

Both accounts have no minimum amount and a generous maximum amount of €1m per applicant and available to open by post, online or at the Bank.

The 1 Year Fixed Term Account continues to pay 5%, and also allows access to 10% of funds on demand.

Commenting on the rate changes, Derek Keogh - Head of Personal Savings at Anglo Irish Bank, said:

"We have always been one of the highest paying banks for savings in Ireland and this increase in rates demonstrates our commitment to consistently deliver the best range of savings accounts to the Irish saver. As we have highlighted before, there are billions of savings out there earning little or no interest and we have always been there to provide an alternative."

Customers interested in availing of these products can contact Anglo Irish Bank on Lo-Call 1850 44 22 22 (8am - 8pm Monday to Friday) or www.angloirishbank.ie or call into its Dublin, Cork, Limerick and Galway offices.

Note to editors:

This puts Anglo's savings accounts ahead the competition, particularly for lump sums of €20,000 or more, given that the rate doesn't fall if the amount goes over a specified amount, nor is there an online-only requirement.

For further information:

Derek Keogh
Head of Personal Savings - Ireland
Anglo Irish Bank
Tel: 1850 44 22 22

Telephone calls are recorded. Anglo Irish Bank Corporation plc is regulated by the Financial Regulator. Terms and conditions apply.

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