Student trying to open second account for saving

C

Corsica

Registered User
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Hi

My daughter has a student current account with BOI. She wants to open another account so that any bit of money she gets from odd jobs etc she can save. What is her best option? She wants to also be able to transfer this money online back to her current account if she needs. She is a full time 3rd level student.
 
Instant access account rates are very poor at the moment. The best is 0.30% AER variable with KBC.

If it is a small sum, given how low instant access rates are, and if she really needs instant access, then it might be simplest opening a BoI instant access account but it will pay nothing.

You can get more better returns with regular saver and term deposit products.
 
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