Instant Access Savings Pots: Interest and tax
Instant Access Savings Pots help you grow your money while keeping it easy to access.
Your money isn’t locked — you can take it out anytime
Eligible deposits are protected under the Deposit Guarantee Scheme (DGS) up to €100,000 per person
How interest works
You’ll earn variable interest at the rate shown in your app
Interest starts from the day you add money
It’s paid into your Pot on the 1st of each month
To see how much interest you’ve earned:
Go to the Save tab at the bottom of the app
Tap your Savings Pot
Tap Interest
Tax on interest
We’re required to withhold tax from the interest you earn, in line with local tax rules.
This is taken automatically before interest is paid
We can’t change or refund this ourselves
There are no exemptions for Personal or Joint account customers
Any tax reporting or refund questions should be handled directly with the relevant tax authority.
