Am I mad putting my €30,000 in a term account ie 3/5 years as I will not be able to access it if theres a euro break up or some other impending doom? Should I wait to see if there is any stabilisation before I lock money away.
I'm going with Investec, their 18 month deposit account paying 4.52% aer, it is a trade off to get a decent rate over a reasonable time period and many things can happen, don't exceed €100k in any one account and you'll be covered by the UK State guarantee, I'm satisfied with that..
State Savings is never locked away as all is available at 7 days notice. Rates for 3 and 5 1/2 year are tax free -Interest rates are listed on NTMA website