For a transfer to be allowed between the two types of regulated savings account which MeDirect offer, there must be a common account holder. The maximum number of transactions allowed per calendar year from one type to the other type of regulated savings account held at MeDirect amounts to 3 and a minimum amount of 500 euro applies for each transfer. 

An amount transferred from one regulated savings account to another will continue to accrue interest in terms of the fidelity premium, albeit with different accrual interest rates applicable for different portions of the relative 12 month period. Note this is subject to the maximum number of transactions which is set to 3.