I have €50,000 of a lump sum currently sitting in a First Active Plus account earning 3.5% AER. I can put this money away for another 3 1/2 years and I am wondering should I put it into savings certs with on post. Any advice would be much appreciated.
If you believe that the ECB rate will go up, you may be better off for a year with an Investec 1 year term deposit at 4%, then switch after a year to a possible higher rate.