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Bank of Ireland savings account vs Credit Union

  • 22-06-2012 3:17pm
    #1
    ghogie91
    Registered Users, Registered Users 2 Posts: 1,121 ✭✭✭


    Hi All,

    I have accounts in both, wages into BOI and then withdraw from there and bounce down to the credit union and hand it over like a good little boy!

    Anyways the boy has turned into a man and is thinking of a few years down the line when a nice little deposit be needed for a house! Where should I save my money? Set up a savings account in BOI so I can transfer wages to it from the current account

    or

    Set up this payee or a direct debit from BOI to my savings account in the CU

    Any help appreciated and why you chose one over the other

    Thanks,
    Gary


Comments

  • #2
    BuffyBot
    Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭BuffyBot


    Its not so much where you have it saved, but what you have saved. You'll have to provide proof of non BOI savings however when you apply. I see know reason why you don't take advantage of one of the higher rate saving accounts on offer. There is no need to restrict yourself to BOI alone.


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