Depends on the account. Check the terms & conditions of each.If we are setting up joint accounts can we double the maximum contribution for these savings accounts?
You seem to have them covered there but check for up to date info.Can anyone advise us on any better savings accounts?
One year would generally be considered far too short a timeframe to get into unit linked funds especially if you definitely need the money and, consequently, capital security over that period.Is it worthwhile getting involved with a unit linked fund like Quinnlife Freeway with some of the money or is the timeframe too short?
I know that Halifax won't allow you to double the maximum contribution to any one account, but they will allow (encourage?If we are setting up joint accounts can we double the maximum contribution for these savings accounts?
The original idea of holding the money in a Rabo (5% on up to €10K, 3.75% on the balance) and/or NR (4.3% on > €1K) and then drip feeding it (via a normal current account) into one or more of the other high rate regular saver accounts would surely be the optimum? Anybody care to crunch the numbers here?Are you not better leaving it for 12 mths in an account that pays 4%, rather than monthly payments from an account that pays 0% to one paying 7%. Apart from the hassle, you may end up with less interest.
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