Hi
I have roughly 8,000€ which I like to have at easy and ready access. I swap money in and out of the account so the total fluctuates
Up to now I had the money in the Halifax Flexisaver earning 3.75% interest in the 1st year. My problem is that the 1st year has ended and the rate is now 2% Also I'm concerned with the news that Halifax is set to close its Irish operation
I've looked at the Anglo Premium Demand option. It's rate is 3.6% but that seems to be variable and only guaranteed ECB + 0.5%
Also with this option Interest accrues daily but is only credited to the account annually on last working day of December each year whereas with Halifax it was added 4 times a year. Does this make a difference?
The Anglo account is "Available by post, telephone or branch" Does this mean that there is no interent access to the account as is with Halifax?
Is the Anglo option the best on the market at present or are there better alternatives available.
I suppose in summary I'm looking for an online, high interest, demand account
Any advice would be much appreciated
Regards,
Orla
I have roughly 8,000€ which I like to have at easy and ready access. I swap money in and out of the account so the total fluctuates
Up to now I had the money in the Halifax Flexisaver earning 3.75% interest in the 1st year. My problem is that the 1st year has ended and the rate is now 2% Also I'm concerned with the news that Halifax is set to close its Irish operation
I've looked at the Anglo Premium Demand option. It's rate is 3.6% but that seems to be variable and only guaranteed ECB + 0.5%
Also with this option Interest accrues daily but is only credited to the account annually on last working day of December each year whereas with Halifax it was added 4 times a year. Does this make a difference?
The Anglo account is "Available by post, telephone or branch" Does this mean that there is no interent access to the account as is with Halifax?
Is the Anglo option the best on the market at present or are there better alternatives available.
I suppose in summary I'm looking for an online, high interest, demand account
Any advice would be much appreciated
Regards,
Orla