Thanks Clubman for the always excellent food for thought.
That money is the "rainy day" fund so only looking at deposit options. Definitely a risk that the DM will happen before two years are up but with the current financial situation, (I have little knowledge on the DM obviously but just looking at all options)
Upto now didn't have the resources for the minimum amount.
Have an anglo 7% and today rang about the 8% (unlike some people here didn't give me new a/c number straight away said would send out the forms but easy cause didn't need id again)
Thinking if am going to leave the money on deposit may as well leave it with Irish Nationwide where there is a chance of a payout for a slighly smaller return on interest rate.