17 July 2018
By Bryan Smyth
John Lynch has been announced as one of five winners of a €5,000 cash prize, having entered a competition open to customers of Bank of Ireland with a GoalSaver account, designed to support those saving regularly towards achieving specific goals.
Following a presentation of the prize-winning cheque at his local Bank of Ireland branch in Midleton, John Lynch plans to put his winnings towards an exciting trip. John originally opened a GoalSaver account with Bank of Ireland to save for a rainy day and with his winnings can now visit family; “I would use the money to visit my grandson in New Zealand.”
Peter McLaughlin, Product Manager, Bank of Ireland Investment Markets said, “The GoalSaver account was launched last year and is one of our most popular with customers saving for a specific goal in mind. We are thrilled to give five lucky winners a boost to their savings goal this month. As part of the GoalSaver account, customers are encouraged to calculate how much they need to save each month to reach their savings goal, whether it is that a new car, further education, or in John’s case, a family reunion.”
GoalSaver facilitates monthly savings from €20-€2,000 and customers can avail of a useful online calculator which appears within the online account opening journey and tells customers how much they need to save towards their target objective. Customers can set up an account online and pay their direct debit from any Republic of Ireland current account.
How GoalSaver works:
Save monthly by Direct Debit – Minimum €20, Maximum €2,000 per month
1.35% AER Variable (up to balances of €15,000)
Open an account online if you are a Bank of Ireland personal current account customer
Pay your direct debit from any Republic of Ireland current account (You do not need a Bank of Ireland current account to open this account)
Available to Republic of Ireland (ROI) residents only, aged 18 or over
No more than two accounts per customer in sole or joint names
Instant access to your money in any Bank of Ireland branch (you will need to bring photo ID with you), or through 365 online if you are a registered customer