As people move away from cash, they are using neobanks more and more, but there can be pitfalls
Raisin
Irish customers have access to rates across Europe that cast local options in a poor light
As inflation falls, speculation that Frankfurt will begin to loosen the monetary reins sooner-than-expected has increased, but when can we expect the first rate cut
Consumers in the State put aside an additional €4.5bn during the first 10 months of the year
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
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
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