After Nationwide Uk & Rabo...Which non Irl bank is next?

G

galleryman

Registered User
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168
I want to move my money away from Irish institutions and avail of a Guarantee OTHER than that offered by the Irish Gov. I am very fearful of a default.

I'm still keen on getting a decent rate of interest but really want to stick to either instant access OR very short notice a/c from now on.

Where would you deposit cash after you have used up your Nationwide Uk Easy Access SAvings (3.15%) (£50k) and Rabo On-Demand Savings (2.0%) (€100k) guarantee limits?

thanks
 
NIB are offering 3% on their esaver demand account. Don't let the name fool you its a Danish bank. As such the first 40K (approx) is covered by the danish deposit scheme (http://www.itsyourmoney.ie/index.jsp?1nID=100&nID=153&aID=620). With the balance up to 100K covered under the Irish scheme

Word of warning though if you make a withdrawel from your account the interest rate drops to 1% for that month. See best buys and [broken link removed] for more detail.

Edit: beaten to the punch!!
 
galleryman said:
Where would you deposit cash after you have used up your Nationwide Uk Easy Access SAvings (3.15%) (£50k) and Rabo On-Demand Savings (2.0%) (€100k) guarantee limits?
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Nationwide UK deposit guarantee increases to 100,000 EUR from Jan 1 2011. I suggest keeping deposits under 100,000 EUR with them.

Other than that, Ulster will pay 3.5% for a 1 year term deposit.
 
Do Nationwide U.K. have a branch/walk in service at Spencer Dock where you can open an account?
 
CiaranT said:
Yes. You need to go up to the top floor and you can open an account there.
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I already have a 12-month lump sum account with them, opened via post. Does having that a/c make the process easier if I also want to open an easy access account? i.e. Could I just walk in off the street with my passport and the details of my current Nat UK a/c, and open another account there and then?

thanks
 
If you have an existing account of course it is easier to open another account.

I would imagine that security questions would be asked if you go to open another account.
 

I would highly recommend "Investec". Very professional bunch.
The Harcourt Building
Harcourt Street
Dublin 2, Ireland
Tel +353 1 421 0000 ( Investec.ie )

Hope this helps.
 
thanks for the replies.

Investec seem to be covered by UKFC so ...50k per person.

Has anyone put money offshore through them?
 
cork said:
Investec?

Where are they based?
What are their deposit rates like?
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Thye are based on Harcourt Street as per the above. They are a South African bank.

Their deposit rates are in the best buy threads.
 
UK guarantee is per person per bank. It is 100,000 EUR per person per bank from January 1st 2011.
 
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