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Where can I find a US Dollar Savings account with Interest?

  • 12-01-2012 9:44am
    #1
    gbh2930
    Closed Accounts Posts: 10 ✭


    I've been advised by a number of sources that dollar is safer than euro or sterling and want to put some savings into dollars.

    Is there a dollar account in an irish bank that gives interest & little\no charges? Can anyone recommend a good dollar account?

    Or is it better to set up one offshore? If so, where\how?
    Tagged:


Comments

  • #2
    unclebill98
    Registered Users, Registered Users 2 Posts: 3,816 ✭✭✭unclebill98


    Irish banks only offer hold type accounts and offer utter crap interest rates. They also have minimum deposit amounts to open and can be as much as €15k.

    So, in short best USD savings accounts are those in the USA.


  • #3
    johnfitz69
    Registered Users, Registered Users 2 Posts: 17 ✭johnfitz69


    Permanent tsb have a few. The rate would be low for demand. If your will to fix for a year, the rates increase. No min deposit.


  • #4
    Spread
    Closed Accounts Posts: 2,876 ✭✭✭Spread


    unclebill98 wrote: »
    Irish banks only offer hold type accounts and offer utter crap interest rates. They also have minimum deposit amounts to open and can be as much as €15k.

    So, in short best USD savings accounts are those in the USA.

    That is, if you want a CD @ 1.98% over two years. I'd rather a punt in the market .......... or Prize Bonds until the rate goes up realistically.


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