Maximise Interest

A

ATJG

Guest
Hi

Just a quick question.....How do I maximise my interest in the AIB lump sum account at 5% upto 10K? Do I lodge €9,500 and take it down to that again when the interest is paid in Oct and Apr?
 
According to the info in the Financial Best Buys forum on this account it's unclear whether or not the rate falls to 3.5% for the full balance if you exceed €10K so probably best to play it safe and ensure that you never exceed that balance even after interest is paid. By the way there are better rates on offer for €10K on demand as opposed to 7 days notice. See the Financial Best Buys forum and www.itsyourmoney.ie.
 
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