Savings account

Share experience regarding ownership of property and/or living in Portugal.
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laserblazer
CVO Oracle
CVO Oracle
Posts: 6209
Joined: Sun Apr 30, 2006 11:11 am
Location: Worcestershire and QdP

Savings account

Post by laserblazer »

I'm considering a euro savings account that I can use to top up the current account and earn a bit of interest. Any suggestions.
carvoeiro1
CVO Senior
CVO Senior
Posts: 296
Joined: Sat Jul 08, 2006 11:03 am

Re: Savings account

Post by carvoeiro1 »

Yea.
dont bother.
themoneyman

Re: Savings account

Post by themoneyman »

Have a chat with Deutsche Bank, some good products, let me know if need an intro.
laserblazer
CVO Oracle
CVO Oracle
Posts: 6209
Joined: Sun Apr 30, 2006 11:11 am
Location: Worcestershire and QdP

Re: Savings account

Post by laserblazer »

I'm told the tax implications alone make it not worth the effort.
themoneyman

Re: Savings account

Post by themoneyman »

can't really comment on your personal tax situation, DB is worth a talking to if you want to earn more from savings than most other banks.
Farol
CVO Master
CVO Master
Posts: 829
Joined: Tue Jul 18, 2006 7:05 pm
Location: Essex & Ferragudo

Re: Savings account

Post by Farol »

Having a Euro savings account that you can top-up when exchange rates are in your favour could be advantageous even considering differing tax rates country to country but given the state of some countries economies and banks at the moment I would look carefully at which country you choose to have the account based in. Portugal, Greece and Eire might be places to avoid.
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