N26 Launch Savings Account Paying 2.80% to 4.00% less fees

[boomshine]

@Innisfree, perhaps your PRSI was applied incorrectly, it has been well documented recently that Revenue are making mistakes:
https://www.askaboutmoney.com/threads/eu-deposit-interest-revenue-reporting.234901/

thanks I've asked the same in that thread.

If true then I am beginning to despise this country's finance branch.

 

[Innisfree]

@Innisfree, perhaps your PRSI was applied incorrectly, it has been well documented recently that Revenue are making mistakes:
https://www.askaboutmoney.com/threads/eu-deposit-interest-revenue-reporting.234901/

Thank you - yeah, have read that. Most of the reports seem to relate to problems with myAccount/Form12 rather than form11.
I'm not sure if anybody sees "only" 33% DIRT and no PRSI on EU Deposit Iinterest using form11.

Might be because revenue assume that almost all people filing form11 are "chargeable" and don't think about those who aren't, but who have to file a form11 regardless for ETF reasons.

 

[Happycat]

Can i ask if i take out the metal account will i get 4% on any funds that sit in this account on a monthly basis?

 

[Original]

Can i ask if i take out the metal account will i get 4% on any funds that sit in this account on a monthly basis?

Yes, you will providing they are placed in a sub account (marked as savings account). You can move funds back and fourth between your standard and savings account easily. Receive interest on the 1st of each month.