Best Bank for SSIA lump sum

mel123 · 09-05-2007 9:14am #1

HI,
I have no plans for my SSIA for maybe the next year (moving house then). Anyway, where is the best place to leave it, about 16k, to gain some interest perhaps? Most bank accounts offering good interest seem to be for people going on to save again, nothing about leaving ur SSIA in the account. Any recommendations??

sirpsycho · 09-05-2007 9:21am

rabodirect prolly. been thinking of moving my ssia cash there, best interest rate

Tom Dunne · 09-05-2007 10:28am

Rabo give the best interest rate for a lump sum, 5%, but it's only for the first €10,000.

All the others that are offering 7%+ are just for regular savers, no lump sum there.

Mine's in Rabo for now.

Zaph · 09-05-2007 1:59pm

Best online rates are Rabo and Northern Rock. If you prefer a bricks and mortar bank, Anglo Irish (30 day notice) and NIB (demand) seem to be offering the best rates.

TheDriver · 09-05-2007 2:03pm

Rabo though some would suggest putting first 10k into rabo and rest into northern rock. Rabo are easy to use.

mel123 · 09-05-2007 2:46pm

Thanks guys, will log onto Rabo now

leche solara · 09-05-2007 7:13pm

There's plenty of information in the Deposit Survey here:

http://www.ifsra.ie/frame_main.asp?pg=%2Fconsumer%2Fcr%5Ffpq%5Fintr%2Easp?cat%5Ffpg=1&nv=%2Fconsumer%2Fcr_nav.asp

Best Bank for SSIA lump sum

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