I've searched but can't find any chat on the PTSB's new offerring of 4.00% Gross on savings fixed for 100 days.
You must lodge 10K.
Seems good to me.
Any thoughts?
Are they covered by the Irish Deposit Guarantee scheme?
Any thoughts?
Not the best rate and a very short period. You will get ((4.00%/365)*100)*0.77 - i.e. Peanuts.
You can get a much better rate for a 6 month TD or a 1 year TD.
Also, PSTB will give you a much lower lower rate after your TD matures.
Not a good offer for most saver profiles unless 100 days is really what you need.
Can you expand on this Fungus. Was going to switch from my 21day notice acc with PTSB to their 100day as I thought it was better deal given that the rate has dropped on the 21day Acc. Looked at other term deposits and best is Investec (5.58%)but minimum investment is 20k (mine is 10k investment), next is Anglo with 4% but "Rate quoted is an annual rate; return will be based on 6 month equivalent". So what I am reading here is that PTSB is actually the best of them for 100days. Am I reading this correctly?