Interest rates on Savings Deposit Accounts in Ireland gradually fell lower and lower over the last few years. Many instant access deposit accounts were paying zero or a tiny 0.05% rate of interest in 2022.On a deposit of €50,000 a rate of 0.05% would earn just €25 a year in interest – before tax. The […]
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Two years ago the price of gold reached a new all time high : – in July 2020 gold was selling on the London markets at $2,036 an ounce. Then in March 2022 – a new high of $2044 was reached . Between March 2022 and November 2022 GOLD PRICES dropped as low as $1630 […]
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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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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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