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Where should I keep my savings?

moretothegirl · 2010-09-15 23:30:42

I have a sum of money that I am saving atm and its just lying in my current ac wi BOI at the moment. Can anyone advise me on what type of account would be best for me to save this in? Where can I let it gain as much interest as possible and also taking into account this whole bank scare where is safest? Should I just open…

15-09-2010 11:30pm

#1

moretothegirl

Registered Users, Registered Users 2 Posts: 631 ✭✭✭

Join Date: February 2009

Posts: 482

I have a sum of money that I am saving atm and its just lying in my current ac wi BOI at the moment. Can anyone advise me on what type of account would be best for me to save this in? Where can I let it gain as much interest as possible and also taking into account this whole bank scare where is safest?
Should I just open a normal savings account, PO account, use my credit union account?

Thanks

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#2 16-09-2010 10:55am

Ogham

Registered Users, Registered Users 2 Posts: 1,844 ✭✭✭

Join Date: November 2004

Posts: 1739

Some of the banks have "regular saver" accounts that offer slightly higher interest rates than "normal" savings accounts. (4%)
There is a list of the best rates here

If it's just a lump sum - the best you'll get is 3.25% at Irish Nationwide if it's under €20k.

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