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Direct Silver Savings

1.66%AER 2

Account features at a glance:

  • Exclusive savings account for over 50s
  • Variable interest rate up to 1.65% Gross p.a1. / 1.66% AER2
  • Operated by phone or post

Apply Now

You can invest today with any amount from €1,000 to €3 million per investor. We may be able to accept funds in excess of this amount, subject to prior arrangement. Please call us on (01) 602 0324* for more information.

From 1 August 2009, customers who open a deposit account will be requested to provide their Personal Public Service Number (PPSN) on the application form. The PPSN will be included in the Annual Return of Interest Report to the Irish Revenue Commissioners.

Customers can apply online by downloading and filling in an application form in PDF format. This should then be completed and posted to Northern Rock, at the address shown on the application form.

If you do not have a printer, you can request an application form here.

The application form is provided in Adobe Acrobat PDF format. If you do not have a copy of Adobe reader, visit the Adobe site to download Adobe reader for free.

IMPORTANT NOTICE

To open this account you must be 50 or over, a Republic of Ireland resident and use an Irish address for all correspondence. For legal reasons we must check your identity if you do not have an account with Northern Rock already (see below).

We regret that it will not be possible to open an account unless suitable confirmation of identity is provided and we may return your investment to you. Details of suitable forms of identity are documented on the Confirmation of ID page. If you cannot provide the suitable identification documents, please contact our offices and we will endeavour to resolve this issue.

Your initial cheque should be posted to us with your application form (if applicable). In the interest of security, please make your cheque payable to "NR for account of (insert account holder/s name/s)" and crossed "A/c payee Only".

Alternatively, funds can be transferred from some existing Northern Rock accounts (subject to any restrictions in the terms and conditions applying to that account), or once the account is opened by arrangement with your bank or building society.

Should you have any questions regarding the application process, please contact us on (01) 602 0324*.

Need to talk?

Call us on (01) 602 0324*

Mon-Fri 9am-5pm, excluding bank and public holidays.

Calls are charged at your service provider's prevailing rate and may be monitored and recorded.

1. DIRT will automatically be deducted at the standard rate (currently 25%) from interest paid/credited to your account, unless you are eligible and have registered to receive interest gross by completing a DIRT Exemption Declaration for each account you hold.

2. AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added to the capital balance each year.

* Calls are charged at your service provider's prevailing rate and may be monitored and recorded.

© Northern Rock plc. 2010