PTSB offers new personal interest first deposit product

PTSB has today launched a new personal interest first deposit product that pays 2.75% Annual Equivalent Rate for one-year fixed term savings.

PTSB said that customers can then earn interest on their interest by reinvesting it in another savings account, if they wish to do so. The bank said that interest first products, which were last available from PTSB in 2021, are being re-introduced in response to customer demand. PTSB said this is a fixed-rate product and the interest rate that customers earn will not change over their fixed rate term.

Business Savings Your Money Interest First Deposit Product Ptsb

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