Yes, funds can be reinvested into Fixed Term Products or Prize Bonds, which may be subject to Maximum Holding Limits.
Fixed Term Products can be reinvested upon maturity only.
Prize Bonds can be repaid and reinvested into Fixed Term Products or new Prize Bonds once they have been held for a minimum of 90 days. A combination of a repayment and reinvestment is also permitted.
Ireland State Savings Online
Reinvest and Cash In(Sole Holdings) Steps:
- Sign in to Ireland State Savings Online
- For Prize Bonds you will see ‘Reinvest / Cash In’ on the Your Savings home screen.
- Click ‘Reinvest / Cash In’ and then choose ‘Reinvest’.
- Specify the ‘Amount’ you wish to reinvest or ‘Choose bond ranges’
- On the ‘Reinvest’ page, select the Ireland State Savings Product that you wish to reinvest in from the drop-down menu and specify the amount.
- You can add additional products to split your reinvestment.
- Any ‘remaining’ amount not allocated to a reinvestment will be paid by EFT to your nominated Bank Account
- Select ‘Confirm’ and then ‘Confirm Transaction’
- Enter the Verification Code that was sent to your registered mobile number by text and click ‘Confirm’.
- You will then see a Thank You screen confirming your request has been successfully submitted.
We will notify you with updates on your request.
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