Hi Guys.
I have 80K in a Rabodirect high interest a/c earning 4.7% interest.
That works out at 60 Euro a week.
I do not need to access the money for a few years yet.
Now Rabo are advertising a rate of 5.25% for 6 month personal [broken link removed].
Would i be better off transfer all this money into this 6months a/c?
Then revert back to my high interest savings a/c after that?
Please ohhh please any help would be appreciated. Time is ticking
Thanks for both of ye'r replies.
Im tempted to stay with Rabodirect so Im just wondering what will be the difference in interest gained if i leave it as it is...earning 4.3% on 80,000
Or move it to a 6month Term Deposit Account earning 5.25%?