Charlie Weston

They've also got a regular saver account, and they've raised the amount you can put in every month into that from about €1,000 to €2,500.

It pays about 2%, and the max you can have in the account has gone from €50,000 to €75,000.

Look, it's an option for people.

You're not going to keep pace with inflation.

You're going to have to pay dirt tax, but at least it's good to see two banks increasing their rates.

What's happening here is these neobanks...

The Monzo's and the Bank Inter is not a neobank, I suppose, but they're putting a bit of competitive pressure on the main banks here.

And so we're seeing deposit rates go up.

Charlie Weston, personal finance editor of the Irish Independent.

Thank you.

Live better together.

That's absolutely right, David.

Yeah, I mean, the current rates are at about three-year low.

You can get an interest rate as low as 3%.

Now, that would have to be a green mortgage, so you'd need to have a building energy rating of B3 or better.

Also, if you have good loan-to-value, if you have a lot of equity built up in the home, if you've paid down a fair bit of the mortgage, you could probably get a very lowish rate as well.

But the range of rates is huge as well, from 3% to 6.15%.

Yeah, I mean, you know, that's an interesting one.

A lot of people would have taken out a mortgage with Finance Ireland, a non-bank lender, because they were offering 2% rates at one stage, 2% mortgage rates, you know, really, really low.

But if you're with Finance Ireland and you're due to come off a fixed rate,