Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

What banks offer best savings rates?

Options
  • 07-08-2009 2:46pm
    #1
    DadaKopf
    Closed Accounts Posts: 4,731 ✭✭✭


    I want to put a chunk of cash into a savings account for a period of time (1-2 years). I've been looking at bank websites, and I'm open to either a fixed term or not.

    I'm just wondering if anyone can offer advice on who offers the best rates. And who offers the best terms with respect to rates?


Comments

  • Options
    #2
    thebiglad
    Registered Users Posts: 1,609 ✭✭✭thebiglad


    Per moneyguideireland.com

    The highest interest rates on 12 month fixed term deposit accounts in Ireland

    Updated August 13th 2009

    Anglo Irish Bank 3.8%
    PTSB 3.55% Min 10k Euro
    Northern Rock 3.5% till July 2010 Min €1k
    Investec 3.5% 12 Months Fixed Min 20K
    Irish Nationwide Fixed Rate Bonds 3% Min deposit 20k
    EBS 2.8% min 20K (2.9% on over 50K and 3% over 100k)
    Halifax 2.8% - Term 12 months Min 2500 (1 withdrawal allowed)
    Leeds Building Society 2.7% Fixed rate Bond maturing July 2010. Min 25k

    Anglo Irish is the winner!


  • Options
    #3
    pandamoanium
    Closed Accounts Posts: 453 ✭✭pandamoanium


    On those interest rates quoted above do you have to pay DIRT on the interest received?


  • Options
    #4
    JTMan
    Registered Users Posts: 5,540 ✭✭✭JTMan


    Yes, you have to pay DIRT.

    There is a best buys thread on AAM here:
    http://www.askaboutmoney.com/showthread.php?t=101813
    Best Buys - Highest Term Deposit Rates

    5 Months - EBS - 3.79%
    1 Year - Anglo Irish Bank - 3.80%
    2 Years - Bank of Ireland - 3.44%
    3 Years - An Post - 4.30%
    5.5 Years - An Post - 4.70%


Advertisement