Im sure this has been done to death in a way but i guess im looking for some specific advice. So here goes:
1. I currently have €10k in a 21 Day Notice Investment Account with PTSB, however with the fall in interest rates it is now only earning 2.50% AER.
Im looking at the new 100 Day fixed Term with PTSB (4.06% AER).
I would be prepared to tie up the money for 6 months but not a year. What would you invest in if the money was yours? is there a more attractive option? which institution is best for this type of lump sum? pref. under a year
2. I also have a further 5k in a BOI special bonus saver account. I rang this morning and was horrified to learn this was only earning 1% as per someone in the branch
I dont want access to this so a 7/21 day account would prob be longest id want.
Any advice re this 5k?
3. Also on another note: I see in other threads the anglo 7.3% regular saver is mentioned, but this has a minimum of ECB (which am i right in saying is only 0.5% ?) plus 2%. so would this only be 2.5% AER and not 7.3% really.
Thanks in advance for your help. I want to put this money to goiod work as im looking at moving out in sept and getting a mortgage 6 months to a year down the line. All extra money will help.
thanks again
Advice appreciated
1. I currently have €10k in a 21 Day Notice Investment Account with PTSB, however with the fall in interest rates it is now only earning 2.50% AER.
Im looking at the new 100 Day fixed Term with PTSB (4.06% AER).
I would be prepared to tie up the money for 6 months but not a year. What would you invest in if the money was yours? is there a more attractive option? which institution is best for this type of lump sum? pref. under a year
2. I also have a further 5k in a BOI special bonus saver account. I rang this morning and was horrified to learn this was only earning 1% as per someone in the branch
I dont want access to this so a 7/21 day account would prob be longest id want.
Any advice re this 5k?
3. Also on another note: I see in other threads the anglo 7.3% regular saver is mentioned, but this has a minimum of ECB (which am i right in saying is only 0.5% ?) plus 2%. so would this only be 2.5% AER and not 7.3% really.
Thanks in advance for your help. I want to put this money to goiod work as im looking at moving out in sept and getting a mortgage 6 months to a year down the line. All extra money will help.
thanks again
Advice appreciated