State savings - Deposit Account Plus

kev53

Registered User
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56
I am looking for short term easy access option for some savings. From best buys I think Deposit Account Plus might do the trick. But one question is for the an post Deposit Account Plus (30 day notice) how is interest payed? i.e. if I put money in for 4 months, I assume I get 4 months worth of interest?? payed at end of the year (eventhough i would have cleaned account out on month 4)??
Per 1,000 euro how much can I expect after 4 months (AER 3%)?
 
Wouldn't you be as well with KBC 3 month Deposit @3.23% As you can't access the State savings-Deposit account plus in the first 3 months anyway?
Otherwise for instant access,You're probably better off with Nationwide UK (Ireland) Easy access saving account @3%
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The 3 month period relates to Prize Bonds but as the interest rate is now only 1% AER - i would keep well away from this Product.
 
"High interest rate – currently 0.5% variable subject to DIRT at the prevailing rate (Gross AER 0.5%)"

High? - sad might be a better word to use.
 
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