Hi
It is my first post here, hope someone can give me some advise.
I opened a AIB Online Personal Saving Account over two years ago and has a nice sum in the account now. according to AIB website
With an Online Personal Savings Plan you can avail of a great rate of 3.50%* gross per annum variable on your savings (A.E.R. 3.50% - 5.25%).
Year 1, a bonus of 10% of interest earned is paid
Year 2, a bonus of 20% of interest earned is paid
Year 3, a bonus of 30% of interest earned is paid
Year 4, a bonus of 40% of interest earned is paid
Year 5, a bonus of 50% of interest earned is paid
In year six, the bonus will revert back to 10% and the bonus interest will increase incrementally as before
Since there are some higher interest deposit accounts in the current market, I am just wondering if it is worth me closing this account and putting money in another account which yield more return, although probably not much.
thanks,
Potter on.