I have a few bob on deposit in AIB - 30 day notice account.
They phoned me the other day and offered a higher interest rate if I put it an a different account that had an 8 month notice of withdrawl.
I explained to them that I would not touch an account with them with 8 months notice - I told them I was getting itchy feet even about the 30 day notice one. Your one asked why and I explained that they were a busted flush. The conversation ended fairly quickly.
not sure any bank is safe.
depending on how much money it is it may be worth spreading it between banks.
It is hassle but you generally get better rates sub 10,000 euro saving accounts.
The Deposit Guarantee Scheme covers the first €100,000 per person, this guarantee does not have an end date. The Government Bank Guarantee scheme covers all deposits but ends on September 29th 2010. So if ya have anything over €100,000, spread it around..
Firstly, AIB are technically insolvent. The only thing propping them up is the Irish government. But the Irish government aren't exactly faring well, either. Try to picture two drunks, holding each other up and you will get the picture. If you want your money safe, you could just save with Northern Rock, perhaps. They are a nationalised bank, and their deposit scheme is covered by the UK Exchequer. The UK have their problems too, but they are on sounder footing than we are.
Firstly, AIB are technically insolvent. The only thing propping them up is the Irish government. But the Irish government aren't exactly faring well, either. Try to picture two drunks, holding each other up and you will get the picture.
Firstly, AIB are technically insolvent. The only thing propping them up is the Irish government. But the Irish government aren't exactly faring well, either. Try to picture two drunks, holding each other up and you will get the picture. If you want your money safe, you could just save with Northern Rock, perhaps. They are a nationalised bank, and their deposit scheme is covered by the UK Exchequer. The UK have their problems too, but they are on sounder footing than we are.
HM Treasury has announced that it is reducing the guarantee on Northern Rock savings accounts. From 24 May money held with the bank will no longer be covered by a 100% government guarantee. Instead, it will revert to being covered by the Financial Services Compensation Scheme (FSCS). This only guarantees the first £50,000 deposited with banks and building societies.
AIB rang me last week practically tryed to drag me in for a chat as how to divert some of my money from the account my wages goes into a a high interest one.
AIB rang me last week practically tryed to drag me in for a chat as how to divert some of my money from the account my wages goes into a a high interest one.
And you will not be able to take money out of your new account for about 12 months - check with them.
AIB rang me last week practically tryed to drag me in for a chat as how to divert some of my money from the account my wages goes into a a high interest one.
AIB: Is it Safe?
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