It said the Sterling only account for offshore savers has a minimum deposit of £25,000 and a maximum of £1 million offering 3.6% gross/AER. Interest is paid on maturity and no withdrawals are allowed prior to that.
In addition to the one year fixed rate of 3.6%, the High Interest Return Account offers rates of 2.85% gross (2.8703% AER) for six months or 2.7% gross (2.7275% AER) for three months.
“Our previous High Interest Account was extremely well received and we hope the excellent new rate of 3.6% proves every bit as attractive to savers,” said Niall Carey, Bank of Ireland Isle of Man’s relationship director.
