H Horatio Registered User Messages 807 23 Sep 2021 #21 moneymakeover said: 5 Year Savings Certificates | Products | Ireland State Savings Save a lump sum for 5 years with 5 Year Savings Certificates for a tax-free return with no fees, and access to your money should you ever need it. www.statesavings.ie 3% after the full 5 years "To benefit from the full return, you must hold the product to maturity" In other words if you cash in a portion early you lose the interest on that portion. After 5 years 90k becomes 92.7k Click to expand... Urrgh! An unthinkable move IMO.
moneymakeover said: 5 Year Savings Certificates | Products | Ireland State Savings Save a lump sum for 5 years with 5 Year Savings Certificates for a tax-free return with no fees, and access to your money should you ever need it. www.statesavings.ie 3% after the full 5 years "To benefit from the full return, you must hold the product to maturity" In other words if you cash in a portion early you lose the interest on that portion. After 5 years 90k becomes 92.7k Click to expand... Urrgh! An unthinkable move IMO.
M Marc Registered User Messages 1,874 23 Sep 2021 #22 Actually you only lose some of the interest and the return is generally better than a bank account even on early surrender as we set out in detail here https://globalwealth.ie/news-and-views/how-do-i-get-the-best-return-on-my-savings
Actually you only lose some of the interest and the return is generally better than a bank account even on early surrender as we set out in detail here https://globalwealth.ie/news-and-views/how-do-i-get-the-best-return-on-my-savings