Additional Services
One-Year Fixed-Term Deposit Account
A straightforward option for members who want to place funds on deposit.
A structured place for a lump sum
A deposit account can be a useful option if you want to place money separately from your regular savings and hold it in a structured way. Phoenix Credit Union offers members an accessible, trusted place to deposit funds while keeping their money with a local, member-owned financial institution.
Why choose our fixed-term deposit account?
Earn a 1.50% Annual Equivalent Rate (AER) on your savings over 12 months.
Your deposits are protected by the Deposit Guarantee Scheme, up to €100,000 per depositor.
Lock in your funds for one year and enjoy peace of mind knowing your savings are working hard for you.
How it works
- Deposit a lump sum for a fixed term of 12 months.
- The minimum initial deposit required is €5,000.
- The maximum balance per member, across all deposit accounts, is €100,000.
- Sit back and watch your savings grow with a guaranteed interest rate of 1.50% AER.
- At the end of the term, access your savings and interest or reinvest for even more growth.
Need a hand with this? Need a hand?
(01) 869 2500