On maturity date, Investec offer you the option of a 6 month term deposit, 12 month term deposit, a one month notice account or to withdraw your money.
On maturity date, Investec offer you the option of a 6 month term deposit, 12 month term deposit, a one month notice account or to withdraw your money.
J
jaygee
Guest
Excuse the ignorance (because I'm new to this site) but who are Ivestec and are my savings guaranteed and do they charge fees for investing the money? Also, wouldn't An Post give a better return (possibly long-term) now as some, or all, of their products are not subject to DIRT?
The first 50,000 GBP of your deposit is UK state guaranteed.
Investec offer up to 1 year fixed. Their 1 year fixed rate is better than the An post rate.
GeneralZod
Registered User
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Investec's 1 year fixed rate of 4.5% is now the best on the market as Irish Nationwide have cut there's to 4.25%.
baldyman27
Registered User
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ICS (BOI) sent out a letter today stating that their 3 month fixed rate is down to 0.47 %.
Yeah, Investec now offer the best 1 year and 6 month term deposit rates.
INBS cut their rates last week according to the Financial Regulator but only updated their website today. I had emailed them about this last week.
Have you switched yet !!?
baldyman27
Registered User
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I know, I know
Tomorrow I will. Can I pull out the money at any stage I like or is it locked in now seeing as I got that 'letter of confirmation' today?I know, I know
Did you open a new 3 month term deposit? Do BOI roll existing term deposit accounts into a new term deposit ??
Once a term deposit is opened you are normally locked for 3 months.
baldyman27
Registered User
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Didn't get a chance to do anything today.
Yes, they seem to roll it on. Will fight with them if they don't let me withdraw it. I recall my business account manager telling me that it wasn't actually locked in.