Wexfordman
Registered User
- Messages
- 415
Hi,
Just a quick query if someone could advise. A relative has a significant cash lump sum that will not be used for the next 2 years. It has been sitting in an aib account earning around 4% for the last 12 months, and when I heard I told her to ring and create a stink and get a better offer. Told her to be angry about not getting better rates, advice, service etc.
Anyway, they offered her 6.5% for a 18month term. Is this reasonable, or is there better offers that she could possibly get before she commits ?
I had looked up the best buys section and seen rabo was offering 5%, but only on sums up to 10000 and 3.5% thereafter. The sum is approx 700,000, and she does not want to risk it.
Hate posting amounts, seems like bragging, but its not my money, so I've got nothing to bragg about (unfortunately).
Thanks
Wexfordman
Just a quick query if someone could advise. A relative has a significant cash lump sum that will not be used for the next 2 years. It has been sitting in an aib account earning around 4% for the last 12 months, and when I heard I told her to ring and create a stink and get a better offer. Told her to be angry about not getting better rates, advice, service etc.
Anyway, they offered her 6.5% for a 18month term. Is this reasonable, or is there better offers that she could possibly get before she commits ?
I had looked up the best buys section and seen rabo was offering 5%, but only on sums up to 10000 and 3.5% thereafter. The sum is approx 700,000, and she does not want to risk it.
Hate posting amounts, seems like bragging, but its not my money, so I've got nothing to bragg about (unfortunately).
Thanks
Wexfordman