Halifax Monthly Saver 7% EAR

europhile

Registered User
Messages
803
I was thinking of signing up to this. Does anybody have any thoughts or better suggestions?

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See the Best Buys forum on regular savers accounts. Quite a few out there - all with different terms and conditions. Depends on your circumstances i.e. how long can you keep up the regular habit, how much can you afford, do you want to make one or more withdrawals? Halifax offer 7% max €750 per month, so do AIB max €300 per month 7.10%, Anglo irish Bank max €1000 per month, EBS max €1000 per month. Remember the 7% rate is variable so can change anytime. Also liable for DIRT, so the 7% becomes 5.6% into your pocket. Also remember you only get interest as you make lodgements. I could go on so the main message is these regular savers are good investments but watch each terms and conditions.
 
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