The majority of the banks in Ireland have some sort of transaction fees or admin charges on current bank accounts. The options for current bank accounts in Ireland are smaller in 2024 since Ulster Bank and KBC have withdrawn from the Irish market. Some new online-only banks such as N26 and Revolut are competing with […]
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Ulster Bank In February 2021 , NatWest, owners of Ulster Bank , confirmed that they would be withdrawing from Ireland. Ulster Bank had around 1.1 million customers when it announced that it planned to withdraw from the Republic of Ireland market. On April 21st 2023 , Ulster Bank’s remaining branches around the country closed their […]
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KBC Bank have been operating in Ireland for many years – but have only this week started offering a “proper” current account . Whilst other major banks have been closing branches – KBC say thet plan to open 8 new banking “hubs” over the next 18 months. Current account charges are now one of the […]
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As the banks continue to try and get their balance sheets back to profit t- hey continue to drop deposit rates and increase mortgage rates. (As we have seen with BOI UK – they will even increase tracker mortgages when they can .) KBC have today increased their standard variable rate for new applicants from […]
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With effect from September 1st – KBC have increased the rate on their variable mortgages for new customers. The standard variable rate has risen by 0.25% from from 4.25% to 4.5%. Other discounted variable rates have risen by .25% too . See the updated list of the Lowest Varaible Rate Mortgages here
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