Best place to save €100 per month

R

roy

Guest
I would like to begin saving €100 per month over 5-10 years. Where would be the best savings account to do so?
 
Anglo Irish but your account will mature in 1 year or go with First Active ....

See http://www.askaboutmoney.com/showthread.php?t=20747

Best headline rate, but can only save for a year
Anglo Irish Bank: Regular Annual Saver (Discuss)
5.50%
Regular lodgements (electronic transfer or standing order): Maximum €1,000 a month. Minimum rate guaranteee of ECB+2%. No penalty for occasional missed contributions. Effective Maximum Balance €13,000, as account lasts for one year -- withdrawals in first 6 months may incur a penalty.

Best rate if you want to save for a few years
First Active: Regular Saver (Discuss)
4.90% (4.75% according to itsyourmoney.ie)
Regular lodgements required (standing order only): Minimum €1 a month; Maximum €1000. Interest paid on first working day of each quarter. Maximum balance €100,000. Online access to account. Optional ATM card.
 
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