1. Significantly higher returns
You work hard to earn your pay cheque at the end of the month, so why not make sure that your money works hard for you?
According to Investabill, if you have your cash on demand deposit with a bank (an account with a bank or other financial institution that allows the depositor to withdraw their funds from the account without warning or with less than seven days' notice), you’re certainly not making the most of your savings in the long run. With an account of €100,000 you can earn between €250 and €600 by the end of the year - and that’s before a 37 per cent DIRT tax is deducted.
On the same amount with Investabill, you can yield at least €2,000 gross.
While Investabill returns attract Capital Gains Tax at 33 per cent, a couple's tax-free allowance on that is €2,540, so depending on your circumstances, you may be able to pocket the full yield on your investment.
Either way, the difference is significant so it's well worth your while to take a closer look at Investabill.
2. A low-risk investment
The investment community uses a standard risk scale of 1–7, with 1 being the lowest possible risk (bank deposits with banks that have a strong credit rating) and 7 being high-risk investments (stocks, shares and geared property funds).
Investabill's rating of 2 makes it a low-risk investment. You can withdraw your money at any time without penalty or exit fees, so your investment remains highly liquid.
And you don’t just have Investabill’s word to take because you can only avail of our services through a qualified financial adviser.
If your financial broker is not yet signed up as an intermediary for Investabill, they can simply become one themselves or we can refer you to a broker near you who can talk you through the process.
3. It’s flexible
Not only can you withdraw your money at any time but also there is no minimum amount level specified. This means you can put in any amount that suits you. On the upper end of the scale Investabill has accepted all amounts including seven-figure sums.
Sums within any type of pension structure may also be allocated into Investabill, while companies, charities and other organisations can use Investabill to earn decent returns.
There has also been a four per cent option available (entails committing to a three-year term) but this is currently closed due to high demand.
4. You’re helping Irish businesses grow faster
Investabill is part of Credebt Exchange which was set up by Investabill founder Patrick Reynolds to give growing companies a more flexible way of financing their working capital needs.
The Exchange has funded hundreds of millions into firms around Ireland. Effectively your investment money is at work and will help to keep employment levels growing and increase prosperity all over the country.
Current sectors being supported include food and beverages, manufacturing, distribution, healthcare, engineering, retail, entertainment, building, energy and education.
Investabill gives you good return at low risk. Talk to us or with your broker. Any amounts withdrawable at any time without penalty. Call Maeve in Dublin at 01 685 3677.