Many people remain loyal to one bank despite the potential for better rates and savings elsewhere, limiting their financial growth opportunities.
The exit of Ulster Bank and KBC has led to digital banks filling the gaps, proving that competition exists in the Irish banking sector.
By switching banks or holding various accounts for different services, consumers can take advantage of better interest rates and savings opportunities.
The diversity in banking options today allows consumers to optimize their finances by selecting accounts that best fit their varied needs.
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