Ulster bank regular saver - 15k limit nearly reached

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cavanMan

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hey guys i have over 14k in a ulster bank regular saver account (SIDA) with this account the limit is 15k, what would you suggest the best thing to do?? im able to save approx 400 a month!! ulster bank have stated that i can't have two of this type off accounts!!

any advice welcome.
 
Yes but im thinking of the interest that is due in October, should i leave it with UB even though their rate has dropped or start dropping a grand a month into PTSB at 3.5%?
 
I would suggest you look at the Fixed term account with UB. Opens in 24hrs if your an existing customer and the rate is decent. Thats if you had a good customer experience with them to date.
 
discover101 said:
Yes but im thinking of the interest that is due in October, should i leave it with UB even though their rate has dropped or start dropping a grand a month into PTSB at 3.5%?
Click to expand...

Switch.

You will get accrued interest to date when you close your UB account.

I suggest the below:
(1) Move the 14,000 EUR into a PTSB 1 year term deposit paying 3.06% provided you dont need access inside 1 year.
(2) Set up an Online Regular Saver with PTSB at 3.50% and keep an eye on the rate by subscribing to the regular saver best buy thread.
 
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