Need advice on Savings Accounts

My 18 month EBS fixed term deposit account is maturing on 22nd February 2010.
I want to place €40,000 on deposit again for 9 or 12 months and would welcome any suggestions.

Much obliged

Have a look at the best buys>fixed rate lump sums> how about here.




1 Year 3.60% ** Best 1 year rate **
Note 1: €20,000 minimum
Note 2: Investec fall under the UK deposit protection scheme which currently guarantees up to 50,000 GBP.
Note 3: If you do not inform Investec prior to maturity date where you want to money wired to, Investec place the lump sum in a one month notice account.
Note 4: Investec now have 2 different 1 year term deposit products. The above listed is their 'Investec Bank online 12 month fixed account'.

You could leave it with EBS. They have a very attractive 9 month fixed term @ 3.52%. When yours matures no doubt they will give you this option.

oldtimer said:

You could leave it with EBS. They have a very attractive 9 month fixed term @ 3.52%. When yours matures no doubt they will give you this option.

Click to expand...

No he can't.............that offer only applies to NEW money.

Firstly, as mentioned above the best buy rates for 9 month and 1 year term deposits are as follows:

1 Year 3.60% ** Best 1 year rate **
Note 1: €20,000 minimum
Note 2: Investec fall under the UK deposit protection scheme which currently guarantees up to 50,000 GBP.
Note 3: If you do not inform Investec prior to maturity date where you want to money wired to, Investec place the lump sum in a one month notice account.
Note 4: Investec now have 2 different 1 year term deposit products. The above listed is their 'Investec Bank online 12 month fixed account'.

Click to expand...

EBS: Fixed Save
9 months 3.52% ** Best Under 1 year Term Deposit Rate**
Note 1: Minimum €20,000
Note 2: The above rate ends on February 28th 2010.
Note 3: The above rate is for 'new deposits only'. Existing EBS customers can get around this requirement by withdrawing EBS deposits and re-depositing it as a 'new deposit'.

Click to expand...

If you can lock for 1 year go for the online Investec rate of 3.60% to get the best return on your money.

If you want the EBS rate, as per the above, "Existing EBS customers can get around this requirement by withdrawing EBS deposits and re-depositing it as a 'new deposit'". Keep in mind "The above rate ends on February 28th 2010".

Thanks Fungus for that clarification - I was about to say the same but you beat me to it. As Patger's money matures on 22nd February it is new money so can be invested in EBS 9 month fixed term @ 3.5% if he so wishes on or before closing date of 28th February.

Many thank to All for the useful information. I think I'll try do a deal with EBS for the new 9 month fixed term account.

Act fast, you have 5 business days to get your money out of EBS and then back into EBS.