Compare your savings interest rates

The Financial Regulator this week published its first ever regular savings account comparisons on its personal finance website, www.itsyourmoney.ie . The comparisons feature a number of regular savings accounts from the main providers in the market and give details of the interest rate and features available for each account. The comparisons show that the interest rates on regular savings accounts vary from just over three percent to over seven percent. Savings of €200 each month for a year would earn over €95 more at the higher rate.