Bank of Ireland changed their rules on current account fees in November 2020.Since November 23rd 2020 – Bank of Ireland charges current account holders a monthly flat rate charge of €6.Some people were hit with a 360% increase in charges. Bank of Ireland Fees Prior to Nov 22nd 2020 Previously, BOI customers who maintained a […]
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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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Allied Irish Bank (AIB) increased current account fees from November 28th 2020. The bank was originally planning on making the changes in May – but postponed them because of Covid-19. The changes to current account fees at AIB have removed the option of zero transaction charges for those customers who kept at least €2,500 in […]
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B\nk of Ireland customers used to be able to avoid transaction charges by keeping more than €3000 in the account at all times. From November 23rd 2020 – Bank of Ireland will charge current account holders a flat rate charge of €6 per month. ( €72 a year). There will be no additional fees for […]
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Thirty Four of the larger Credit unions in Ireland now offer a current account since it was launched in October 2019. This means they can try and compete with banks for day-to-day banking services. The current account can be used like any bank’s current account for receiving salaries, setting up direct debits and standing orders. […]
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