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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Back in February 2022 – the price of gold hit an all-time new high of $2044 . Between March 2022 and November 2022 GOLD PRICES dropped as low as $1630 . GOLD PRICE slipped to new 7-month lows in both Euro and Dollar terms on Oct 5th , losing over 6% from this 5th Sept […]
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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 interest rates paid by banks in Ireland. Raisin Bank holds a full banking license under […]
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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 in 2022 were the lowest they have been for several years. Rates started to rise in 2023 as the ECB began to increase rates in response to rising inflation. We have dug out some old “best buy” interest rates going back to 2008 to […]
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