G
globy
Guest
Hi all,
My SSIA has matured and I hope to receive my cheque from An Post next month. I should have ~7,500 in my SSIA account. I was hoping to open an AIB Regular Saver Account and Bank of Ireland account (6% one) and put €300 a month in AIB and €300 into Bank of Ireland for over a year.
I am a PhD student and therefore for the next 3 years I wouldn’t be earning very much (unless a miracle happens ;-)) and so mid-2007 I would probably reduce both bank lodgments to €100 a month.
Am I correct in saying that with AIB, for the first year, if you lodge the max of 300 a month, you are guaranteed ECB+2.5% and then ECB afterwards until 01/01/2009??What do you get after 2009?? How low can ECB rates fall to during a year??
Does Bank of Ireland work in the same way as AIB or how do they offer their 6% rate.
Would I be better in just investing all my SSIA with one bank and span the finances out over two-three years?
Thank you in advance for your help.
My SSIA has matured and I hope to receive my cheque from An Post next month. I should have ~7,500 in my SSIA account. I was hoping to open an AIB Regular Saver Account and Bank of Ireland account (6% one) and put €300 a month in AIB and €300 into Bank of Ireland for over a year.
I am a PhD student and therefore for the next 3 years I wouldn’t be earning very much (unless a miracle happens ;-)) and so mid-2007 I would probably reduce both bank lodgments to €100 a month.
Am I correct in saying that with AIB, for the first year, if you lodge the max of 300 a month, you are guaranteed ECB+2.5% and then ECB afterwards until 01/01/2009??What do you get after 2009?? How low can ECB rates fall to during a year??
Does Bank of Ireland work in the same way as AIB or how do they offer their 6% rate.
Would I be better in just investing all my SSIA with one bank and span the finances out over two-three years?
Thank you in advance for your help.