Savings account - simple questions

[SidTheDweeb]

Hello I have my current account with BOI.

I am hoping to set up a savings account but the BOI ones I have looked at seem restrictive enough in what I can put in.

What I mean is they want fixed monthly lodgements of the fixed amount, and it's a bit of hassle to change these.

What I want to do, is come a paycheck, be able to decide what amount I can afford to put in this month, and then go to banking365, (have the account set up as a contact) and transfer X amount to the account. I don't mind if the account requires a minimum being set up to transfer monthly, I just want to be able to change the significant amount lodged month to month.

Also the savings account should be easily accessible, no more than 1 month on demand.
It would also be handy if it was easy to transfer back to my BOI 365 current account.

I'm thinking rabodirect account for flexibility?

 

[ClubMan]

Don't restrict yourself to BOI. Have you read the Financial Best Buys forum and www.itsyourmoney.ie lists of the best deposit accounts/rates on offer? And the many existing threads on such matters? For example the Anglo Irish Bank 8% regular saver would offer the sort of flexibility that you seem to be looking for but might not be the only one.