I am thinking of opening a Childcare Plus or Childcare Savings account with An Post. Has anyone else done this? Can I opt out at anytime? Any info or opinions appreciated.
If you plan on making frequent withdrawals, they're a pain. You have to fill out a form to make a withdrawal, and they then send you out a check. If you're planning to just leave the money in for an extended peiod, they're ok. The downside is that you only get an annual statement, so if something goes wrong and your payments aren't going in, it can be a while before you're aware of it.