"Raisin, Avant Money and MoCo offering versatile options for savers in Ireland"
" European players are to shake up the Irish savings market with new accounts being launched in a move that that will be welcomed by depositors."
"Raisin, which acts as a marketplace for savings accounts across Europe, is offering a new fixed-interest account paying 3.1pc for three months."
European financial firms are entering the Irish retail savings market with new deposit accounts aimed at giving savers more choices and higher returns. Raisin is launching a fixed-interest product paying 3.1% for a three-month term through its European savings marketplace. Avant Money and MoCo are also introducing versatile savings options for Irish depositors. The increased presence of cross-border providers will intensify competition with domestic banks, expand the range of short-term and fixed-rate deposit instruments, and provide savers with access to more competitive rates and flexible account features.
Read at Independent
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