Deposit Accounts
Our Deposit Accounts allow you the freedom to save separately to your share account while earning a guaranteed return. Given the reluctance by other financial institutions to offer returns to their customers, TUI Credit Union is delighted to offer enhanced rates for its Term Deposits.
Members can save by lump sum, instalment, or a combination of both up to the limit of each account.
You need to have €10 in your share account to open a deposit account. The most that you can hold between all your savings’ accounts with us is €100,000
Please see details of New Deposit Accounts, below.
The current interest rates are set out in the table below:
32 Day Notice Account
This deposit is for those that want to keep their funds accessible within 32 Days but would like to earn a little interest. You can only access the funds on the expiry of 32-days written notice. There is no end date on this account.
The interest rate is variable and is paid monthly.
Maximum subscription to 32 Day notice Account is €2m. No additional funds will be accepted once fully subscribed.
1-Year Term Deposit Account
This deposit is for 1 years (12 months) and the funds will not be accessible until the deposit matures. You can save by lump sum, instalment, or a combination of both. You may also stop and start saving into the account throughout the term.
The interest rate is variable and is paid once per year on the maturity of the Term Deposit.
3-Year Term Deposit Account
This deposit is for 3 years (36 months). You can save by lump sum, instalment, or a combination of both. You may also stop and start saving into the account throughout the term.
The interest rate is variable and is paid once per year on the last working day of September. A bonus rate of 1.50% is paid at maturity.
The limit of savings that may be held in this account is €40,000.
5-Year Fixed Deposit Account
This deposit is for 5 years (60 months). You can save by lump sum, instalment, or a combination of both. You may also stop and start saving into the account throughout the term.
The interest rate is variable and is paid once per year on the last working day of September. A bonus rate of 1.75% is paid at maturity.
The limit of savings that may be held in this account is €40,000.
How to apply
- Phone 01-4266060
- Complete the form above
Members will need to provide the following documentation when applying for the Deposit Accounts:
- Proof of ID
- Proof of Address
- Proof of PPSN
