05.01.07
Deposit interest rates
Thanks to George Lee of RTE for referencing this link. See page 2 before you decide where to put your money. Am so glad I put our SSIA into Anglo-Irish and out of the EBS. 4.25% against 1.05%!!! I knew Anglo-Irish was good but I didn’t realise EBS was SO bad.
Margo said she had trouble with the pdf.. try here and then click on survey
Margo said,
May 1, 2007 at 1:57 pm
Can’t get that pdf. Is Anglo-Irish the best place to open a deposit account so?
irishpancake said,
May 1, 2007 at 2:40 pm
No, Rabo Direct gives 5% on amounts up to €10k.
Balances from €10k up to €1 million will get a variable rate of 3.75%.
http://www.rabodirect.ie/savings-ireland/savingsaccounts/risa.asp
So, if you have over €10k, put the balance/rest into Northern Rock @ 4.30%!!
http://www.northernrock-ireland.ie/newsite/demandonlinehome.htm
Both the above are on-line demand accounts.
Gavin said,
May 1, 2007 at 5:48 pm
Rabo for 10k, the rest in Northern Rock
Lorenzo said,
May 3, 2007 at 11:18 am
Great. Except with inflation above 5% you are actually losing money, even before you substract DIRT.