Best Buy Novice

Hi All,
I just spent some time going through the best buys and this is what I have decided to do. Please let me know if you think these options are highly unwise

1. I will invest my lump sum in EBS 12 month account at 4.0% as 1 year is the max I can leave this money aside and also I have an account with EBS and its easy for me to just leave my money there. I know there is a few 4.1% interest account out there also but EBS has been good to deal with so far.

2. I have chosen the Ulster Bank Special Interest Deposit Account to save regurlarly as this gives me the freedom to take money out also if I need it.


Thanks
Reg

If return on your deposits is your main criteria are your main options then they are good options.

Be carefully not to exceed Ulster regular saver maximums for the 4.00% rate.

Other options include
KBC @ 1 year 2 months @ 4.29%
PTSB Regular Online Saver @ 4.00% with 50,000 EUR maximum.

thanks Ciaran, what other factors besides rate of return would you be looking out for at the moment

Does it now look like in general there is more confidence in the irish banks and indeed the euro itself.

do people think its safer to invest money in irish banks ?

regvw said:

thanks Ciaran, what other factors besides rate of return would you be looking out for at the moment

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Deposit protection, deposit safety, currency, ease of access to your money if required etc.