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EBS Platinum Account..

  • 04-10-2007 4:58pm
    #1
    boopolo
    Registered Users, Registered Users 2 Posts: 578 ✭✭✭


    I have a lump sum to invest, but I don't want to tie it up for ny length of time.

    I see that the EBS has a Platinum Account for sums over €150,000. The rate is 1 month EURIBOR rate. I also see that they compound this interest every month. It is an on demand account. Monthly statement. No fees.

    This month's rate is 4.39% which equates to 4.4974% CAR

    http://ww2.ebs.ie/site/all/Platinum%20Rates?opendocument

    I presume that 20% DIRT:mad: is taken from this. is this correct?


    At a hypothetical CAR rate of say 4.5% would I be right in saying that the net interest (after DIRT) would be €36 per €1,000?

    What do you guys think of this EBS account?


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