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Dismal rates of interest on Deposit Accounts

  • 20-09-2006 1:43pm
    #1
    Closed Accounts Posts: 429 ✭✭


    Ok so I have received my annual interest rate or else my quarterly rate on my every day bank account from the bank.

    It was something like 57 cents. Is there any better rates of interest out there for an every day account? There seems to be no competition in the market on interest rates for these accounts. Why is this the case? Surely if one bank offered much bigger interest rates every year then people would switch banks.


Comments

  • Registered Users, Registered Users 2 Posts: 3,210 ✭✭✭Tazz T


    ...which is why rabobank exists.


  • Closed Accounts Posts: 429 ✭✭gbh


    Ok I've taken a look at their website and I'm impressed...I think I will open an account with them....


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