Lump sum deposit

AER/CAR are the same thing and should be used for comparing deposits. Note that they are generally gross so DIRT of 20% will normally apply. Note also that the AER/CAR on a regular saver account are a little misleading in that because the money is being drip fed you don't get that rate on all lodgements over a single year of saving (e.g. first lodgement is there for 12 months, second for 11 etc.). See my earlier post for more on this.

APR only applies to loans.

ECB is the the ECB (main refinancing operations) base rate - some loan or deposit rates may track this (e.g. ECB + x%).

EAR is the thing on the side of your head.

Perhaps you need to read some of the guides provided by [broken link removed]?
 
Back
Top