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How Safe - Tips? Would you save with these?
KingKenny
Posts: 242 Forumite
http://www.postoffice.co.uk/portal/po/content1;jsessionid=VUXZSFY14O5VKFB2IGFUOSQUHRAYUQ2K?catId=19300232&mediaId=126000768
# Post Office E Saver Online backed by the Bank of Ireland............Could they fail?
My sister in law has just decided to not buy a house, so her deposit is now sitting in here above, £42k, would you sleep at night?
I have an account, but only a few k's, she has her life savings, any thoughts, i ask because it looks like Ireland might be heading for a visit from the IMF.
Just do not want her caught up in another IceSave disaster?
Cheers
# Post Office E Saver Online backed by the Bank of Ireland............Could they fail?
My sister in law has just decided to not buy a house, so her deposit is now sitting in here above, £42k, would you sleep at night?
I have an account, but only a few k's, she has her life savings, any thoughts, i ask because it looks like Ireland might be heading for a visit from the IMF.
Just do not want her caught up in another IceSave disaster?
Cheers
0
Comments
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The money is pretty safe in there - no need to worry.
If you're that worried, tell her to open one with the AA, you get a extra 0.05% too.0 -
Subject to High Court approval, Post Office/Bank of Ireland deposits will be covered by UK FSCS from 1st November 2010.
http://www.postoffice.co.uk/portal/po/content2?catId=19300232&mediaId=1259007760
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