Online Shoppers Could be Charged €100 Million in Fees By Irish Banks in 2022

Online shopping continues to grow at a fast rate in Ireland and Irish consumers have done even more of their shopping online since the coronavirus pandemic. Irish banks are charging their customers millions of euros in foreign currency fees when shoppers use their debit or credit cards to purchase on non-Euro currency websites. We estimate […]
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Amazon Currency Converter – Good or Bad?

All the products on Amazon UK are priced in Sterling but Amazon will use their currency converter to convert the order total to Euros if they see that your payment card is a Euro one.You can turn off the Amazon Currency Converter – more about how to do that later. Thousands of people in Ireland […]
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An Post Smart Current Account Charges

An Post launched a new current bank account in 2017  called the “Smart Current Account”.  Their press release called it a “game-changer”  and highlighted the MoneyBack feature , claiming that customers could save €660 a year. That moneyback feature ended in April 2021. We have taken a closer look at this An Post account to […]
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Debit Card ATM Stamp Duty Charges in Ireland

Since January 2016 there has been a Stamp Duty charge in Ireland of 12c for each ATM cash withdrawal with a debit card. This annual Debit Card ATM Stamp Duty Charge in Ireland is capped annually at  – €2.50 for a basic ATM card and €5 for combined ATM/debit cards. If you have a full […]
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