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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.

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10-12-2013 1:02pm

#1
Hagrid101

Registered Users 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

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#2 10-12-2013 1:08pm
ArthurG

Registered Users Posts: 1,306 ✭✭✭

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 3:41pm
Delta2113

Registered Users Posts: 2,704 ✭✭✭

Join Date: August 2009

Posts: 2647

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

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#4 10-12-2013 9:45pm
dotsman

Registered Users Posts: 3,636 ✭✭✭

Join Date: April 2006

Posts: 3587

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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