An Post Savings Schemes (Leaving Cert Home Economics): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
ShowHide
Practise the questions
12 questions from this quiz
What are the three key features of An Post savings options?
What are the three key features of An Post savings options?
Reliability, easy access, diverse rates
What type of transactions does a deposit account allow?
What type of transactions does a deposit account allow?
Both deposits & withdrawals without limits
How long is the typical timeframe for savings bonds?
How long is the typical timeframe for savings bonds?
Three years
What type of interest system do savings bonds use?
What type of interest system do savings bonds use?
Fixed-rate system
How long must you invest in savings certificates?
How long must you invest in savings certificates?
Five to six years
What tax benefit do savings certificates offer?
What tax benefit do savings certificates offer?
Tax-free interest
What is the fixed period for instalment saving schemes?
What is the fixed period for instalment saving schemes?
Twelve months
How long does a national solidarity bond investment last?
How long does a national solidarity bond investment last?
Ten years
What are national solidarity bonds suitable for planning?
What are national solidarity bonds suitable for planning?
Major future expenses or retirement
What key feature defines demand deposit accounts?
What key feature defines demand deposit accounts?
Unlimited deposits & withdrawals
What notice period range do notice deposit accounts typically require?
What notice period range do notice deposit accounts typically require?
One week to three months
What relationship exists between commitment length and interest rates?
What relationship exists between commitment length and interest rates?
Longer terms = higher rates
