Regular option for savers
REGULAR savers have a new option with the announcement that Ulster Bank is to offer a new regular saver account with a rate of 4pc (annual equivalent rate).
The variable rate applies on balances up to €15,000. Amounts above that will earn an interest rate of 1.5pc variable.
This product from Ulster Bank allows customers to save between €1 and €1,000 a month.
Ulster Bank says customers can amend their monthly saving as required to meet heir needs with no penalties involved.
Bank of Ireland and EBS both pay 4pc and you can save up to €1,000 a month in both of these accounts.