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
How interest works
You’ll earn 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 (DIRT)
We’re required to deduct Deposit Interest Retention Tax (DIRT) from the interest you earn.
This is taken automatically before interest is paid
We can’t change or refund this ourselves
You can find more information on Revenue’s website.
DIRT exemptions and refunds
Some customers may be eligible for a DIRT exemption.
You’ll need to complete the relevant form from Revenue.
If you already have a completed form, you can send it to us in chat in the app by tapping here.
We’ll review it and apply your exemption going forward
Any refunds are handled directly by Revenue
