I've a better one for you!!
AIB have just launched a savings account that pays 10% interest.
Its called a "Parent Saver Plan"
Basically you open two accounts
1. The Saver Account
2. The Deposit Account
The Saver account takes a standing order every month from your appointed feeder account up to a maximum of €200 per month. This money is paid 10% interest.
At the end of the year the money accumulated in the Saver account is transferred into the deposit account where it earns 3% interest.
Both accounts offer instant access, and lump sums can be lodged directly to the deposit account, and withdrawn again without any penalty.
Only criteria is that you have to have a child/children under the age of 18.
Still though, I think its the best one on the market at the moment
AIB have just launched a savings account that pays 10% interest.
Its called a "Parent Saver Plan"
Basically you open two accounts
1. The Saver Account
2. The Deposit Account
The Saver account takes a standing order every month from your appointed feeder account up to a maximum of €200 per month. This money is paid 10% interest.
At the end of the year the money accumulated in the Saver account is transferred into the deposit account where it earns 3% interest.
Both accounts offer instant access, and lump sums can be lodged directly to the deposit account, and withdrawn again without any penalty.
Only criteria is that you have to have a child/children under the age of 18.
Still though, I think its the best one on the market at the moment
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