I think it’s worth pointing out to anyone wishing to close or just leave a token amount in their e-saver, My understanding is you would be better doing so at the start of a month rather than the end.
If you closed your account on the 31/10/11 you would lose 2% for 31 days.
But if you closed your account on 01/11/11 you would lose 2% for only 1 day.
The more detailed T&c’s clearly refer to calendar months.
· An attractive 'reward' interest rate for those months when you don’t need to withdraw. This rate is currently 3% AER.
· A competitive 'active' rate even when you do need to withdraw. This is currently 1% AER.
http://www.nationalirishbank.ie/en-ie/Personal/Save-and-invest/Saving/Products/Pages/e-saver.aspx
I think it’s worth pointing out to anyone wishing to close or just leave a token amount in their e-saver, My understanding is you would be better doing so at the start of a month rather than the end.
If you closed your account on the 31/10/11 you would lose 2% for 31 days.
But if you closed your account on 01/11/11 you would lose 2% for only 1 day.
The more detailed T&c’s clearly refer to calendar months.
· An attractive 'reward' interest rate for those months when you don’t need to withdraw. This rate is currently 3% AER.
· A competitive 'active' rate even when you do need to withdraw. This is currently 1% AER.
http://www.nationalirishbank.ie/en-ie/Personal/Save-and-invest/Saving/Products/Pages/e-saver.aspx
i havent received any info about the rate reduction yet though (2 of 3 accounts have money in them at the moment)
Have you checked the electronic mailbox ?