Hi,
I have been saving regularly with EBS over the past 11 months with a fixed rate of 5.1% (saving €1,000 per month). Once the 12 months are up, I'm wondering what to do with my balance. Should I keep with a regular saving account or put it into a lump sum deposit.
I have no mortgage or any debts to pay off, i just want to save money for a deposit on a house (which i won't be buying for quite some time).
i can see that regular savings generally have better rates but over time I'm wondering if its better to fix over say 6 - 12 months.
Any advise would be appreciated.
I have been saving regularly with EBS over the past 11 months with a fixed rate of 5.1% (saving €1,000 per month). Once the 12 months are up, I'm wondering what to do with my balance. Should I keep with a regular saving account or put it into a lump sum deposit.
I have no mortgage or any debts to pay off, i just want to save money for a deposit on a house (which i won't be buying for quite some time).
i can see that regular savings generally have better rates but over time I'm wondering if its better to fix over say 6 - 12 months.
Any advise would be appreciated.