Interest from FA E-savings to Reg Saver a/c

Hi,

I have a E-savings a/c open with just under €15k in it, every month I transfer about €50 to my rabo a/c , add €50 to it and buy into the funds.

Would it be worth the hassle of setting up a regular saver a/c with FA and putting the €50 into it first, I can see it making much interest as I would be taking it out nearly straight away??

Well it's obvious that < €15K in eSavings at 5.22% drip fed into a regular saver account at 7.15% will earn more than just using the eSavings account.

But very little, if...

CKT said:

...I would be taking it out nearly straight away?

Click to expand...

The extra interest would only be earned for the days the money was sitting in the account. From what (I think) you're describing, the gain would be marginal.