Wednesday 7 December 2016

Make savings on your home phone, car loans, life cover

Home phone/broadband combo vs mobile only

Published 22/01/2012 | 05:00

Why on earth would you have a landline anymore? The rapidly shrinking phone book should give you a bit of a clue.

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Using your mobile and a dongle is way cheaper than having a landline and home broadband. We've compared a light user with 60 minutes of calls -- half to other mobiles -- and bog standard 1mb broadband. It's the cheapest landline bundle versus the top mobile and dongle deal based on www.callcosts.ie numbercrunching. Eircom's best offer costs more than double the price but has faster broadband.

Best: Tesco Mobile anyone anytime plus Meteor broadband to go, €22.62 per month combined.

Avoid: Digiweb Chatterbox, €39.99 per month.

Saving: €208.44 per year.

Contact www.tesco.ie and www.meteor.ie or local stores.

SAVE ENOUGH FOR SKY SPORTS FOR SIX MONTHS

Pre-paid credit cards

Top up with some moolah and off you go. Pre-paid cards are your flexible friend without the nasty surprise at the end of the month. But there are all kinds of ridiculously complicated fees. Either you pay an annual fee or you pay transaction fees every time you top it up or use an ATM. Assuming that it'll need to be topped up more than three times, it makes far more sense to go for the cheapo Moneybookers mastercard, which costs a tenner per year but is free to top up normally and to use in shops. Our comparison is based on three €100 top-ups plus 10 €30 in-store transactions. One of the best perks about these particular cards is that some of them mean you can dodge Ryanair credit card booking fees.

Best: Moneybookers prepaid mastercard, €10.

Avoid: Payzone prepaid mastercard, €40.

Saving: €30.

Contact www.moneybookers.com.

SAVE ENOUGH FOR A TICKET TO SEE JOHN BISHOP AT VICAR STREET

Holiday home insurance

There's a really shocking difference in price between the big insurers and the more nimble online brokers. Cover for a €200,000 holiday home in Kinsale, Co Cork, €100,000 rebuild and 20 per cent contents. Usual locks and alarms. No claims. Excess €300. No accidental damage.

Best: Chrome Insurance, €219.

Avoid: Axa €471.

Saving: €252.00 a year.

Contact www.chromeinsurance.ie, or 1890 247 663.

SAVE ENOUGH FOR TWO TICKETS TO SEE IRELAND VS WALES

Life cover

There are all kinds of stonking deals from brokers to hook you up for mortgage and life cover. Level life cover of €300,000 in dual names for two 35-year-old non- smokers. The Irish Life offer has the added bonus of five months' worth of repayments being refunded after the first year.

Best: Irish Life, €475.08 per year.

Avoid: Canada Life, €588.48.

Saving: €113.40.

Contact: www.lifecover4less.ie, or 1890 443 443,

SAVE ENOUGH FOR A CAR SERVICE

Car loans

The big car companies are blowing the banks out of the water with finance deals for new motors. Companies such as Volkswagen and Ford are providing loans at a fraction of the prices of big banks -- but you have to buy one of their cars. For a new VW Golf and a €13,425 loan over four years. Bank of Ireland is almost three times dearer. A no brainer. Total interest cost over term of loan below.

Best: Volkswagen Bank, €1,076.83.

Avoid: Bank of Ireland, €2,926.75.

Saving: €1,849.92 in interest.

Contact www.volkswagen.ie or your local dealer.

SAVE ENOUGH FOR A TRIP TO EURO 2012 TO SEE THE SPAIN AND ITALY MATCHES

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