I have had 140K sitting in Prize Bonds for about a year for renovation funds, now being drawn down for said renovations. Other funds are in credit union accounts, Bunq, Lightyear, Revolut, PTSB etc., possibly a few more places.Thanks. Of the 3 Irish banks AIB is offering 0.75% for 6 months. Only Irish bank offering 6 month fixed term. Could put 200k in AIB joint account I suppose. Is that 0.75% then 200k x 0.75% less dirt ? Cannot get interested in Raisin etc., for some reason.
Is Bunq 100% safe ? Do they deduct DIRT automically ?I have had 140K sitting in Prize Bonds for about a year for renovation funds, now being drawn down for said renovations. Other funds are in credit union accounts, Bunq, Lightyear, Revolut, PTSB etc., possibly a few more places.
During that time I've won the grand total of €100 on Prize Bonds
It is extremely tedious transferring funds into PB electronically, BTW. My Irish bank where the funds were initially only allows 2.5K a per day (and sometimes, you need to pay for something else) so it took a looong time.
You could open a Bunq account in about 10 minutes. Earns 1.56% (minus DIRT) on up to 100K, which is paid out once a week. Something curiously fun about seeing a free €30 or so go into your account every week. Instant access, two withdrawals available per month.
Extensive thread on them on AAM.Is Bunq 100% safe ? Do they deduct DIRT automically ?
Thanks. Will look into. Says on best buys interest is paid monthly not weekly.Extensive thread on them on AAM.
1/ Yes, as much as any EU bank is. Depositor guarantee from the Dutch govt. up to 100K I believe.
2/ Only domestic Irish financial institutions will deduct DIRT automatically.
Best buys is out of dateThanks. Will look into. Says on best buys interest is paid monthly not weekly.
Best buys is out of date