Nine alternatives to putting your money on deposit

If you’re less than enthused by earning just €65 a year on a deposit of €15,000, what are your options?

Irish banks are applying harsher cuts to deposit rates than those across the euro zone. Photograph: Getty Images/iStockphoto

Irish banks are applying harsher cuts to deposit rates than those across the euro zone. Photograph: Getty Images/iStockphoto

It’s a tough time for Irish savers. With European interest rates on the floor, deposit rates have plummeted in recent years.

“It has been a persistent challenge and question for people in the last two/three years,” Vincent Digby, managing director of Impartial Financial Advice says.

Please subscribe or sign in to continue reading.
only €1 first month

Insightful opinion is just a away.