AIB Banking Fees

Hagrid101 · 2013-12-10 12:02:57

What's better? Avoid banking fees by keeping €2,500 in the current account? Or Earn whatever by putting the €2,500 (in full or in parts) in Savings/Deposit Account/s.

10-12-2013 12:02PM

#1
Hagrid101

Registered Users, Registered Users 2 Posts: 57 ✭✭

Join Date: September 2012

Posts: 42
What's better?

Avoid banking fees by keeping €2,500 in the current account?

Or

Earn whatever by putting the €2,500 (in full or in parts) in Savings/Deposit Account/s.

Tagged:

deposit

fees

aib

savings

0

Comments

#2 10-12-2013 12:08PM

ArthurG

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Join Date: June 2003

Posts: 1204

I keep a few grand as a sort or emergency fund in my savings account, earning the square root of FA in interest. If I look like I'll fall short at the end of any month (in terms of balance in my current account), I'll move some over until I get paid, to prevent the dreaded fees kicking in.

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#3 10-12-2013 02:41PM

Delta2113

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You move your current account to PTSB - that's what's better!

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#4 10-12-2013 08:45PM

dotsman

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There's no interest to be earned these days. Let's say you put €2,500 away @ 2%; after DIRT, you'll get about €25 in interest. So, basically, by having the €2,500 in your current account, you're getting free banking in return for foregoing on the €25 potential interest.

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