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Where to stick it?

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  • 14-12-2006 11:25am
    #1
    FullOf..IT
    Registered Users Posts: 368 ✭✭


    Hi,

    I am currently in the process of saving for a house. I have saved 22k in a year. However, i am not receiving any interest on this. When i set up the account i assumed that it would as i told the bank (aib) that i would not be touching it for a least 18 months. I may be being cynical but i am going with the line that they didnt advise me on interest accounts so that they could get it? In any way, where should i put my savings and what savings account should i look for considering that i will be moving for a house after june/july when the slump arrives!

    Thanks


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    #2
    FullOf..IT
    Registered Users Posts: 368 ✭✭FullOf..IT


    no one?


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    #3
    Rabies
    Registered Users Posts: 15,258 ✭✭✭✭Rabies


    Have you looked at http://www.rabodirect.ie/


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    #4
    Colonel Sanders
    Closed Accounts Posts: 7,669 ✭✭✭Colonel Sanders


    northern rock are paying 4% at the mo. Read on a different website that it will increse to 4.15% in the new year, but thats not from an official source.

    I opened a savings account for my fromer credit union savings and the process was prtty hasle free. So far so good.


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    #5
    chump
    Closed Accounts Posts: 3,807 ✭✭✭chump


    Have a look at askaboutmoney.com and see some advice there.

    You could set up some regular savings account with bank of scotland, boi etc., which are now paying 6+% for regular savings (all sorts of provisos attached, you'll have to read up on it). You could dripfeed your savings in, and/or open multiple new accounts with the various banks and their offerings.

    http://www.askaboutmoney.com/showthread.php?t=20747

    Very good breakdown


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