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Permanent TSB: Safari Saver
3.00% from €1 to €20,000
1.50% on €20,000+
Note 1: Instant access
Note 2: Account aimed at children under 12 but can be opened by anyone.
Note 3: Interest paid annually on the first working day after 20th November.
Deposit Protection: Irish Government Bank Guarantee Scheme until December 31st 2010, Irish Deposit Protection Scheme only from January 1st 2011.
For kids, nothing beats saving certificates.
Appreciate these comments but, from a best interest point of view, it is hard to beat saving certificates over the long term. If safety is the issue best to avoid all products irish and open an account with Rabodirect.Really? There is a 32% chance that Ireland will default inside the next 5 years according to credit default swaps. When/if Ireland defaults State Savings holders may loose their savings.
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