Starting a savings account for a child is a good way of getting them in the habit of putting money aside for the future. Every year at First Communion time thousands of Catholic children get given cash gifts. A recent survey found that the average amount was €463. This can be a good time to […]
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Back in April 2016, we saw the launch of Raisin Bank in Ireland , which describes itself as an online deposit marketplace. On 2 and 3 year fixed rates , with Raisin – you can get almost double the best interest rates paid by banks in Ireland. Raisin is not a bank itself – but […]
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Interest rates on Savings Accounts in Ireland have been slowly dropping over the last few years. Many instant access deposit accounts now pay a tiny 0.01% rate of interest. On a deposit of €50,000 that would make just €5 a year in interest – before tax. If you have money sitting in a savings account […]
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3-year Savings Bond (Issue 17) 1% total return (AER 0.33%) 4-year National Solidarity Bond (Issue 6) 2% total return (AER 0.5%) 5 -year Savings Certificate (Issue 22) 5% total returne (AER 0.98%) 10-year National Solidarity Bond (Issue 5) : 16% total return (AER 1.5%) (Was previously 30% when launched ) (AER is the Annual Equivalent […]
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The Interest Rates available on instant access savings accounts in Ireland are currently the lowest they have been for several years. The top rate available in Ireland right now is just 0.21% from PTSB . We have dug out some old “best buy” interest rates going back to 2008 to see how much rates have […]
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