Savers could be missing out on €100m interest

Bank customers could be missing out on more than €100 million each year by keeping their money in accounts that pay interest of less than 1 per cent instead of seeking the best savings deals on offer.

20th January, 2007

Bank customers could be missing out on more than €100 million each year by keeping their money in accounts that pay interest of less than 1 per cent instead of seeking the best savings deals on offer.

The government-appointed group that is charged with advising the Financial Regulator on consumer issues has asked the regulator to conduct an extensive consumer awareness campaign to have savers move their money out of accounts that pay little or no...

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