N26 Vs Revolut – Digital Banking

N26 Compared to Revolut A few years ago – if someone mentioned “mobile banking” in Ireland they were probably talking about a van from Allied Irish Bank or Bank of Ireland visiting rural villages. Today – Mobile banking  or Digital banking – refers to the new wave of  branchless, online-only,  banks. The two digital providers […]
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Raisin.com Offering Better Interest Rates for Irish Savers

This month saw the launch in Ireland,  and several other European countries , of  Raisin.com – which describes itself as an online deposit marketplace. It is early days – but in short it allows Irish savers to get better interest rates on their savings from banks in the EU instead of accepting lower rates here […]
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Cyprus Deal Protects Smaller Depositors

Cyprus struck a last-minute bailout deal in the early hours of Monday morning, aimed at preventing the island becoming the first country forced out of the single European currency. The deal spares all amounts in bank accounts below  €100,000. Bank of Cyprus faces huge restructuring. No bailout money will be used to the recapitalise the […]
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What’s Happening with the Bank Guarantee?

Next week (28th March ) the   Eligible Liabilities Guarantee is ending – this is the one that covers most deposits over €100,000. We wrote about the possible ending of this guarantee back in Nov 2012 The Dept of Finance said that the ELG will end  for  all new liabilities (deposits) from midnight on the […]
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