Re: New Investec 6 month Term Deposit Rate - 5.50%
This looks interesting. I'm looking at both this and Anglos 5.25% year fixed rate but I'm not too confident of placing my savings in Anglo Irish Bank for a year with the way things are at the moment. Is Investec covered under the Irish governments €100,000 protection scheme?
How simple is it to open an account with Investec, I think I read on AAM that they require a copy of a passport stamped by a Garda, is that correct? Am I guaranteed interest on my savings with Investec or is there a risk that the sum I lodge will be worth less when the term is up?
I think Investec require a cheque to open an account with them. Do you think I would be able to transfer the money from my current account online to theirs, as I don't have a cheque book nor the time to get to my bank during working hours to get a bank draft.