BOI Supersaver Account

[irishfinanceguy]

@Freelance @ClubMan I disagree you are not leaving 30k aside for 12 months

if you average adding 2.5k over 12 months its 15k sitting in the account for 12 months which you get 3% on

its the most competitive rate for a regular saver or someone adding up to 2.5k very month

you should need to earn to understand the limitation and not think its 30k @3% when you dont have 30k in the account for 12 months

 

[Freelance]

I disagree you are not leaving 30k aside for 12 months

Read what I posted. I didn’t say it was leaving 30k aside for 12 months

if you average adding 2.5k over 12 months its 15k sitting in the account for 12 months which you get 3% on

And €15k sitting outside the account and not earning 3%

Again, the point is that as a regular saver account for one of those few people who has both the surplus after tax income and the appetite to put €2,500 per month in a deposit account there is nothing wrong with this product. There is a small benefit to be had by availing of it. As a place to drip feed a capital sum of €30k it’s scarcely worth the bother.

 

[ClubMan]

Read what I posted. I didn’t say it was leaving 30k aside for 12 months

Yeah, me neither.

 

[ClubMan]

you should need to earn to understand the limitation and not think its 30k @3% when you dont have 30k in the account for 12 months

?

 

[elcato]

I like the idea that it pays 2% after the first year on the (or up to) 30k you have in it. This is quite competitive for instant access but will probably change soon.