Advice on splits

I have a sum of €40000 of savings. I have a tracker of 127K at 1.6%. As a total novice at investing and from advice on this site it is obviously not advisable to pay off part of the mortgage. I am currently with AIB. I find all the various rates available quite confusing. Could anyone give me advice on the best way to split the 40k and where to put it for the next year. One bank or several, cash deposits, gold?? At the end of the day with 40k would there really be that much of a difference in interest earned?
Many thanks
Dave

This is a deposit forum, if you want investment advise, about gold etc then post in the investment forum.

Are you happy to lock the 40,000 EUR for a period of time in a deposit account or do you need instant access? Are you saying you want to lock for 1 year?

Sorry about that. To your question, Yes I want to invest for one year at least, possibly two.
Thanks
Dave

davep said:

Sorry about that. To your question, Yes I want to invest for one year at least, possibly two.
Thanks
Dave

Click to expand...

Any of the below options, from the best buy thread should suit your needs:

1 Year - KBC - 4.15%
1 Year 2 Months - KBC- 4.29%
1 Year 6 Months - Investec- 4.52%

Click to expand...

You could choose 2 different terms with 2 different banks.