Best bank deals???

thermo66

Ok my brother has a few grand in a current account (lucky him) , making nothing and he asked me to look for good bank deals ...interest etc. I know nothing about this cos im a poor student Any one have any idea's?

julius128

Check out Finanial regulator site
http://itsyourmoney.ie/

Under Saving and Investment, compare different rate from all banks and finacial institute.

johnnyskeleton

Northern Rock 5% or 4.75% paid monthly. Probably the best online demand rate you'll get (other than possibly Anglo, but I am not going to recommend them).

Mezcita

The best interest rates on Instant Access Deposit accounts in Ireland: Rates as at January 30th 2009

Ulster Bank/ First Active eSavings Plus 5.5% min bal 15K rate drops to 5% after 6 months.

Northern Rock 5.0% - online only min 1000 euro ; no maximum.

Anglo Irish Bank 4.75% on balances up to 100,000
(4% is applied to accounts with balances greater than €100,000)

Halifax Flexisaver - 4% on balances up to 10k (Only for first 12 months then 2.1% (2.1% on balances over 10k). Online or telephone or branch. Instant access.

First Active / Ulster Bank E-Savings 3.5% on all balances upto 1 million

RaboDirect 3.45% (online only). on amounts upto 1million euro

Taken from:

http://www.irishlinks.co.uk/mortgages-ireland.htm

Stabshauptmann

I've my money split as follows:

Salary paid into Permanent TSB account where it earns 4% on balances up to 1,500.
100eur transfered to PTSB 21 day notice savings account where it earns 3% + 150eur bonus for setting it up*, remainder transfered to Halifax account.

Halifax current account earns 10% on balances up to 2000eur.
Remainder is placed in halifax flexi saver at 4% - this is an on demand savings account.


*Bonus is for switching your current account to PTSB, 150 regardless of how much you save, min 100 pm for 8mo. So for me its gonna work out at approx 15% interest, 186/1200.

I hope all these figures are accurate.

JTMan

See www.askaboutmoney.com

Ideo

definitely check out www.irishdeposits.ie

there was an article in fridays irish times about deposit/savings accounts. might be no harm checking irishtimes.ie

Show_me_Safety

Kaptain Redeye wrote: »

I've my money split as follows:

Salary paid into Permanent TSB account where it earns 4% on balances up to 1,500.
100eur transfered to PTSB 21 day notice savings account where it earns 3% + 150eur bonus for setting it up*, remainder transfered to Halifax account.

Halifax current account earns 10% on balances up to 2000eur.
Remainder is placed in halifax flexi saver at 4% - this is an on demand savings account.


*Bonus is for switching your current account to PTSB, 150 regardless of how much you save, min 100 pm for 8mo. So for me its gonna work out at approx 15% interest, 186/1200.

I hope all these figures are accurate.

i do something similar.

BTW: PTSB regular saver = 4.5% not 3. halifax current account is 7% not 10!
http://www.halifax.ie/index.jsp?p=100&n=101
http://www.permanenttsb.ie/saving-and-investing/inv_detail.asp?pcode=1063

Stabshauptmann

rates change. Halifax was 10.

daithijjj

Kaptain Redeye wrote: »

rates change. Halifax was 10.

YEP, im with halifax.......had my savings at 5.4.....it dropped to 4 overnight so i put the lot in BOI SHARES at 39cent........savings rates are going to drop like a stone soon imo unless you fix it.

Mind you we are still better off here than in the uk...........have 10k in a savings acc there......earned a whopping £1.36 last month........obv im going to move that in the next few weeks.