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Online savings plan vs 7 day notice deposit account

24-05-2012 08:48PM

#1

Shooter_galway

Registered Users, Registered Users 2 Posts: 544 ✭✭✭

Join Date: May 2010

Posts: 454

Anyone know which is better in terms of return or have any feedback on either?

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Comments

#2 25-05-2012 10:20AM

roro2

Registered Users, Registered Users 2 Posts: 412 ✭✭

Join Date: February 2012

Posts: 405

One is designed for regular savings and one is designed for lump sums. Which is better will depend on how much you want to save regularly/deposit as a lump sum, which account can accomodate this, and the rate that will apply to this lodgement pattern.

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