The options for current accounts in Ireland have shrunk in 2023 as Ulster Bank and KBC have withdrawn from the Irish market. There are some new online-only banks that are competing with established banks – such as Revolut and N26. The majority of the banks in Ireland have some sort of transaction fees or admin […]
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Ulster Bank In February 2021 , NatWest, owners of Ulster Bank , confirmed that they would be withdrawing from Ireland.They said they will begin a “phased withdrawal from the Republic of Ireland over the coming years” Since October 30th 2021, personal banking customers can no longer access new products from Ulster Bank . This includes […]
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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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