If you have locked your savings away for a fixed term at lower rates, you may need to think about your best approach
State savings
Mortgage lender Avant says it will add up to 0.25 of a percentage point to its shorter-term fixed rates
Minister for Finance Michael McGrath welcomes move and says Government will support ‘valuable conduit’ for exchequer funding
Disenchantment with the paltry levels of return on offer from Irish savings products is rising, and State savings are part of the problem
Mainstream Irish lenders are not currently the best option for deposits as consumers are urged to keep an eye on changing offers
Ironically, consumers are losing out in part because they already have too much money on deposit at banks
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