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 in the habit of putting money aside for the future. Every year at First Communion time thousands of Catholic children in Ireland are given cash gifts. A recent survey found that the average amount was €463. This can be a good […]
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When you open a bank account in Ireland you are routinely asked to provide a PPS number – but do you have to provide one? The PPSN is the number used to identify taxpayers in Ireland . (Full name is the Personal Public Service Number ),This number is issued by the Department of Social Protection […]
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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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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 more than double the best interest rates paid by banks in Ireland. Raisin Bank holds a full banking license […]
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