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What is the best Savings account

  • 21-10-2007 7:56pm
    #1
    Dapos
    Registered Users, Registered Users 2 Posts: 617 ✭✭✭


    I'm sure this has been asked numerous times but what is the best regular savers account out there. I'm just looking to save 100 euro a month at the moment but i will probable up it to around 300 euro after christmas. Who has the best interest rates? I see AIB are claiming 7.1% AER. I'm not very knowledgeable with the different types of intersts. Would there be better rates at Rabo, halifax etc?


Comments

  • #2
    BendiBus
    Closed Accounts Posts: 2,074 ✭✭✭BendiBus


    I'm not aware of any better offer for that amount.

    However, if you are highly disciplined, you could open an interest paying current account for the first few months at least. For example BOI is currently offering 10.5% interest on current account balances up to €1,500. But this only applies until 24th Feb 2008.

    The difference between 7.1 & 10.5% on such a small amount over 4 months is so small as to not be worth the effort.


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