A fixed deposit account is an investment account and a type of savings account in which money is deposited for a stated period of time and a fixed interest rate is paid at the end of that period.

It is a safer investment option when compared to other investment types such as shares or the money market. Opening a fixed deposit account is both quick and easy and all you have to do is to deposit money into the account for a given period of time, for it to earn interest for you.

Deposit rates vary greatly from time to time and within each institution. At Cleere Life & Pensions we can provide impartial advice on the most suitable deposit options, available at any time.

What are the benefits of a deposit account?

  • You are assured of returns for your investment
  • It’s easy to access your money when you need it.
  • You get to choose how long you want to invest your money in a fixed deposit account ranging from 30 days to ten years.
  • It’s an easy way to save for a short to medium term goal.
  • Most institutions are covered by a Government deposit guarantee.

We are extremely happy with the professional approach, attention to detail, regular updates and advice received. We feel our investments are being personally checked regularly by Cleere Life & Pensions.

John & Adrian, Conveyor Solutions, Kilkenny