A term deposit account is where you make a lodgement to an account and you earn interest. Capital Credit Union offers a 3-year and 5-year term deposit account to its members.

Effective March 2025, the minimum allowable lodgement amount is €2,500, while the maximum permitted lodgement is €65,000. Prior to depositing any funds, it is advisable to carefully evaluate your anticipated financial obligations and commitments.

Effective from March 2025, Capital Credit Union offers a 3-year and 5-year term deposit account to its members. · The AER for the 3-year term deposit account is 1.36%. · The AER for the 5-year term deposit account is 1.76%.

While additional lodgements cannot be made to an existing deposit account, you are welcome to open a new account, subject to the maximum deposit limit of €65,000.

Interest is subject to Deposit Interest Retention Tax (DIRT), where applicable, at the prevailing rate on the day interest is paid. At the time of writing, it is 33%.

If you are applying for a DIRT exemption, please fill out the DE1 Form and return to one of Capital Credit Union’s branches. You can find the DE1 Form at our website > News > Download Forms.

There are no partial withdrawals permitted throughout the term. In the exceptional event of a withdrawal, this premature withdrawal will close the deposit account and you will forfeit all interest credited to that date. Capital Credit Union requires 21 days’ written notice to withdraw from your account.

Interest is paid back into your Deposit Account monthly and it will be available to you upon maturity.

Yes, you can get a Loan Within Shares against your deposit account.

Yes, we have qualified staff to assist you if you have any questions. Please contact the Credit Union on (01) 299 0400 or email info@capitalcu.ie