On The Money: Irish banks are making a fortune from your savings but you do have options if you’re looking for a better return
Raisin
Mainstream Irish lenders are not currently the best option for deposits as consumers are urged to keep an eye on changing offers
On The Money: Getting a decent return on any spare cash is a challenge as Irish banks already have more of our money than they need
Difference of 400% noted as Irish savers continue to see returns plummet
Saver with €10,000 earns average of just €3 in Ireland - compared with €122 in the Netherlands
Nearly 1,800 household accounts in Ireland have more than €1 million on deposit - despite negligible interest rates
Pan-European player Raisin.com readying second assault on Irish market
Savers could double their return by placing a deposit via raisin.com
Savers could lose €300 a year as KBC slashes top rate to 0.7% and Rabodirect to 0.6%
Irish savers earning just 0.18% on fixed term deposits compared with 1.69% in the Netherlands
Raisin.com has linked up with Czech and Polish banks to offer savers returns of up to 2.2%
State-owned bank is targeting the German market through an online start-up
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