Back in April 2019, 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 more than double the best interest rates paid by banks in Ireland. Raisin Bank holds a full banking license […]
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Interest rates on Savings Accounts in Ireland gradually fell lower and lower over the last few years. Many instant access deposit accounts now pay zero or a tiny 0.05% rate of interest. On a deposit of €50,000 that would make just €25 a year in interest – before tax. The ECB started raising interest rates […]
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State Savings is the name used by the National Treasury Management Agency (NTMA) to describe the savings products offered to personal savers. Some people refer to them as An Post Savings or Post Office Savings accounts. This is because An Post acts as an agent of the NTMA in relation to the sale and administration […]
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Starting a savings account for a child is a good way of getting them into the habit of putting money aside for the future. Every year at First Communion time thousands of children in Ireland are given cash gifts. A recent survey found that the average amount was €463. This can be a good time […]
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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. Rates might start to rise in late 2022 as the ECB starts to increase rates in response to rising inflation. We have dug out some old “best buy” interest rates going back to 2008 […]
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