eamonn123456
Registered User
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I bought some sterling to avoid holding too much euro in case of any devaluation if we were to exit the euro.
I was thinking of putting it into my Santander account, but the interest rate is only 0.5%.
My IFA suggested KBC sterling 12 month deposit which gives around 3.1% , or lesser terms, which give lesser rates. This account would be held in Ireland.
Is this a bad idea after going to the trouble to change to sterling, to have it in a Republic of Ireland account?
Any better options?
I was thinking of putting it into my Santander account, but the interest rate is only 0.5%.
My IFA suggested KBC sterling 12 month deposit which gives around 3.1% , or lesser terms, which give lesser rates. This account would be held in Ireland.
Is this a bad idea after going to the trouble to change to sterling, to have it in a Republic of Ireland account?
Any better options?