And in your kids' names if applicable - our two year old is a proud RaboDirect account holder but with daddy's money!You will not be able to open other accounts in your name, however you may be able to open a joint a/c with your other half, and get him/her to open a single account too...
Eh? Our nipper is under 2 and an account was opened in his name (with me as guardian/account operator) no problem.18 or over
...our two year old is a proud RaboDirect account holder but with daddy's money!
18 or over
One advantage is that you can have one in your name and one in the child's name allowing you to save 2 x €10K at 5% gross CAR instead of just one sum of €10K. I'm not aware of any other significant advantage.For everyone: Whats the advantage in opening an account in the minors name rather than your own.
No, they're notIn fact the current interest rates are (since 12/3/08):
5.0% on €1 to €10k
3.75% on €10k to €1m
2.75% on over €1m
Is there rate 3% or 2.25% as in the Best Buys?
Thanks
The one month rate is 0.7% and the 5 year rate is 3.9% with variations in between.
What I'm wondering is where is the advantage if the rate they offer on standard savings is 2.25%?????
Again... Am I missing something??
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