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Monday 20 February 2017

Deposit accounts

Published 19/09/2010 | 05:00

How much is it worth to you to know that your bank won’t be vapourised in the morning? Rabodirect appears to be safe as houses, but pays rubbish interest.

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Anglo, on the other hand, pays huge wodges of interest — but its future is highly uncertain. Yer money, up to €100,000, is still guaranteed by the State. Uh...oh. For a €10,000 deposit over one year.

SAVE ENOUGH FOR AN INDESIT 5123 WASHING MACHINE

Best: Anglo 1-year reward account — €350 in interest

Avoid: Rabodirect 1-year fixed — €80

Saving: €270 per year

contact: local branches

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