Spanish-owned Bankinter, formerly Avant Money, has launched a series of Irish savings products called Deposit Plus, offering a range of fixed-term deposit accounts. Earlier this week, Monzo said it planned to enter the Irish savings market. Competition in the savings and deposit market has quietly intensified over the past few monthsRecently, Moco, which is owned by Austrian bank Bawag, entered the savings market in Ireland, offering rates of up to 2.6pc. “Competition in the savings and deposit market has quietly intensified over the past few months, with new offers from the likes of Moco, Monzo and now Bankinter,” Mr Cassidy said. “I’d encourage people to shop around and compare their options carefully before committing to a savings plan,” Mr Cassidy said.

Source: Irish Independent February 11, 2026 08:32 UTC