The best interest rates available to Irish residents on 12-month fixed-rate savings account. Updated June 6th 2020
- BlueOrange via Raisin Bank 0.95% (Min 20k)
- Banca Farmafactoring via Raisin Bank 0.7% (Min €5000) #
- KBC 0.35% (Min €3k) (Current account required – with fees)
A €20,000 deposit at 0.95% for 12 months would earn €190 interest before DIRT (Tax)
# Raisin – DIRT not deducted at source. Gross deposit interest will need to be declared, to the Revenue. More details at Raisin.ie
If you are looking at alternative forms of investment – such as stocks and shares – you should take a look at our article How to Buy Shares in Ireland