State Savings / Prize Bonds can be bought online, the problem for me was they only accept debit cards, they do not accept any credit cards.
With my AIB anyway the maximum debit card transaction amount is €5k, so the only option for purchases over €5k for AIB customers is cheque or bank draft at the post office counter or by post.
Actually very, very few do...Maybe, but people change banks all the time. N26 is working out great for everything except for Prizebonds.
OkActually very, very few do...
Thanks for your input noproblem. I wouldn’t say we were very financially literate at the time, but I’m not aware of that many automatic saving mechanisms provided for the children’s allowance. Yes we signed up for a poor return from an ease of use perspective, but we didn’t sign up for an antiquated administrative system that hasn’t been informed of the basic tenets of customer service. The fact that the return is so poor made the decision to move easier, but I wouldn’t say blame was a factor here. The account served its purpose until it didn’t anymore - simple!So what you're really saying is, you "bought a pig in a bag", and now you're blaming someone else.
especially for a bank that's been approved to operate as a bank in Ireland by the Central Bank for over 6 years.
The State Savings payment gateway blocks N26 cards online
Thanks for that Dave, will look further into itInteresting. It might be worth re-trying. I bought prize bonds online about 6 weeks ago using my N26 virtual card - no problem at all. Perhaps recheck your N26 app .... specifically your daily card limit setting. I think €2500 is the default but you can increase to €5000. Also I believe there is a hard limit of €20k per calendar month on N26 cards.