Considering PTSB and now KBC have reduced their already low savings rates, NTMA seems to be the best option paying 0.15% and drip feeding an Ulster Bank Home Saver account.
Is it advisable to consolidate savings and put them all in a state owned deposit facility?
It appears negative interest will be standard soon and I think it will provide an opportunity for the government to apply a deposit levy to fund the huge public spending debt it is incurring.
Is it advisable to consolidate savings and put them all in a state owned deposit facility?
It appears negative interest will be standard soon and I think it will provide an opportunity for the government to apply a deposit levy to fund the huge public spending debt it is incurring.