Ask About Wealth How to Get a Better Return on Your Savings
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Feb 18, 2026 Eoghan O’Hara, Country Head for Raisin Ireland, leads a fintech platform opening EU deposit options to Irish savers. He talks about why Irish deposits earn near-zero, how EU deposit guarantees work, and practical ways to access higher rates across countries. They also cover tax nuances, platform protections, and future steps to boost financial literacy.
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Compare Real Returns, Not Headlines
- Look beyond headline rates and consider real returns versus inflation when choosing deposit accounts.
- Use Raisin to compare instant-access and term deposits that often exceed the ECB rate and beat inflation.
Understand EU Deposit Protection
- Rely on the EU-wide harmonised Deposit Guarantee Scheme protecting deposits up to €100,000 per depositor per bank.
- Expect repayment from the relevant national scheme within seven working days if a bank defaults.
Keep Deposits Within Guarantee Limits
- Spread large sums across multiple banks so each deposit stays within the €100,000 guarantee limit.
- Raisin enforces this by preventing deposits above the guarantee limit per bank on its platform.