Deposit Accounts

Our Deposit Accounts allow you the freedom to save separately to your share account while earning interest.

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 €60,000

Introducing our new Term Deposits

Details About TUI Credit Union Deposit Accounts:

  • One off Lodgements are only permitted. No regular/monthly lodgements are permitted.
  • Avaialble to transfers from other financial institutions.
  • Transfers from members existing TUI Credit Union Shares Account are permitted.
  • €10 must always be maintained in your Shares Account as a minimum
  • Interest rate is variable
  • Funds are not available on demand
  • Interest is calculated and accrued each day based on the balance in the account
  • Interest is paid annually
  • Deposit Interest Retention Tax (DIRT) is deducted from the interest earned on this account
  • You must be aged 18 or over to have a deposit account
  • The account does not carry life cover or insurance

5-Year Term Deposit Account

Features:

  • Minimum member balance is €10,000
  • Maximum member balance is €50,000
  • AER 0.60%
  • Annual Interest Repayment
  • Joint account available
  • Maximum deposit balance €2m

3-Year Term Deposit Account

Features:

  • Minimum member balance is €5,000
  • Maximum member balance is €40,000
  • AER 0.40%
  • Annual Interest Repayment
  • Joint account available
  • Maximum deposit balance €2m

How to apply

Download and complete the application form below.

Members will need to provide the following docuemntation when applying for the Deposit Accounts:

  • Proof of ID
  • Proof of Address
  • Proof of PPSN

Closing date for receipt of applications is 30th September 2022 or earlier is fully subscribed. The deposit start date is 1st October 2022