You have to compare like with like. €1K in month 6 in this account earns 4% over the remaining 6 months of the 1 year term. €1K over 6 months in a 5% lump sum account earns 2.5%. You are better off with the regular saver. Or rather drip feeding the 8% regular saver from a 5% lump sum account.Using the formula above in month 6 the interest rate would be 6/12*8% = 4%
You have to compare like with like. €1K in month 6 in this account earns 4% over the remaining 6 months of the 1 year term. €1K over 6 months in a 5% lump sum account earns 2.5%. You are better off with the regular saver. Or rather drip feeding the 8% regular saver from a 5% lump sum account.
How would I make a withdrawal after 6 months or at the end of the term without going into a branch ? (there is no branch near me)
Is this account covered by the deposit protection scheme ? Its not mentioned in the T&C
Have you seen the pop-up message on the Anglo website Regular Saver which says "Closing date 27th June". Is this the last date for opening the 8% Account
Is Anglo Irish the only bank that does not request a PPS no.when opening an account. I thought this is the norm under the money laundering Act
gebbel
How long were you waiting for the activation code ? I have been waiting 2 weeks now for BOI to send it out!
I was waiting 5 working days. You should contact them to verify that your instruction went through. 2 weeks is too long to be waiting. There must be an issue.
You just ring Anglo Irish, confirm a few security questions and then transfer whatever amount of money you want to your nominated account. I have never been put on hold and find their customer service to be excellent, so you shouldn't encounter any problems.Sorry to bring this up again. The website says "Unlimited withdrawals are allowed after the 6 month anniversary".
How would I make withdrawals considering there is no branch near me and this is not an online account?
You just ring Anglo Irish, confirm a few security questions and then transfer whatever amount of money you want to your nominated account. I have never been put on hold and find their customer service to be excellent, so you shouldn't encounter any problems.
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