Irish nationwide account.

[Gatekeeper]

I have an account with the Irish Nationwide Building Society and it is not due to mature until July 2011. Should I close it or leave it open? And if I do close it what will happen to the interest due on it? If I leave it there and Permanent T.S.B. or Bank of Ireland take it over will I get the same rate of interest on the account?

 

[theresa1]

Leave it alone and in July 2011 it will mature in it's new home - AIB or BOI or whoever.

 

[Lightning]

Should I close it or leave it open?

Why are you considering closing it? Risk?

And if I do close it what will happen to the interest due on it?

You will have to pay an interest penalty.

If I leave it there and Permanent T.S.B. or Bank of Ireland take it over will I get the same rate of interest on the account?

Until maturity date yes. After maturity date, anything could happen.

 

[Gatekeeper]

Theresa 1 and Ciaran t, many thanks for your replies. Will leave deposit where it is at the moment.