How will Raisin fare in a falling interest rate environment?
- Thread starter MoolaMgr
- Start date
Same as always, offering slightly better rates than AIB et al
Raisin functioned fine when the ECB deposit rate was negative. Raisin continued to offer better term deposit rates than Irish banks.
Hence, Raisin will function fine with lower rates. But obviously the lower rates get the less some customers will be willing to lock their money away.
Hence, Raisin will function fine with lower rates. But obviously the lower rates get the less some customers will be willing to lock their money away.
Brendan Burgess
Founder
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If one bank is offering 4% and the other 0.4% , some with switch.
But if the difference is only 1%, most people won't bother.
But if the difference is only 1%, most people won't bother.