The Limit on Contactless Payments using cards is going up from €30 to €50. This is because of the increased need for contactless payments to help reduce the spread of coronavirus. The roll out of the change to retail outlets has already started and it was expected to be in place at most retailers by […]
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Most of the banks in Ireland now have some sort of transaction or admin charges on current accounts. Some Credit Unions sarted offering current accounts in October 2019 – but they also have admin charges. There are still some banks where you can avoid some or all of these bank charges. The big two banks, […]
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Apple Pay is a method of paying for things using an Apple iPhone, iPad, Apple Watch or Apple Mac. It is a digital wallet – you store your card details on the device then use the device to pay rather than the card itself. In shops, you hold the device over a contactless reader, but […]
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All current bank accounts have a BIC and an IBAN to identify them. You will need to give your IBAN and BIC to organisations that need to pay money into your bank account – such as Social Welfare BIC The BIC (Business Identifier Code) is a unique address which identifies precisely the Bank (not the […]
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Most of the banks and card providers in Ireland set daily limits on how much can be spent on debit cards. There are also daily ATM cash withdrawal limits on most debit cards. Debit Card Limits on Daily Spending :- EBS: €2,000 ; PTSB: €2,500 ; KBC: €2,500 ; N26: €5000 ; Revolut max of […]
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