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AIB Free Banking

  • 04-04-2006 12:57pm
    #1
    Mr E
    Registered Users, Registered Users 2 Posts: 55,571 ✭✭✭✭


    About time, to be honest.

    http://www.breakingnews.ie/2006/04/04/story252433.html
    AIB current account holders to qualify for free transaction banking
    04/04/2006 - 11:28:11

    AIB customers with personal current accounts who, each quarter, use AIB phone/internet banking and their AIB debit card for one transaction will now qualify for free transaction banking.

    The bank said this was the first in a series of initiatives to be introduced in the coming weeks focusing on personal banking customers.

    AIB’s internet banking service was introduced in 1997 and handled 25 million logons and seven million transactions last year.

    AIB internet banking now also offers customers the facility to make payments to third party accounts in both Ireland and abroad – a feature unique to AIB.

    AIB's free transaction banking will begin in the fee quarter starting May 27.


Comments

  • #2
    pheasantplucker
    Closed Accounts Posts: 58 ✭✭pheasantplucker


    Only one thing that is better than free "transaction" banking.. and that is FREE banking provided by PermanentTSB/Ulster Bank and a few others.
    How can AIB charge for an electronic transfer in the first place, when there is not human intervention to justify that charge.....


  • #3
    coward
    Registered Users, Registered Users 2 Posts: 141 ✭✭coward


    TmB wrote:
    ... use AIB phone/internet banking and their AIB debit card for one transaction will now qualify for free transaction banking.

    Does this mean only one transaction.. thus the very small amount of people with only one transaction save a massive 20 something cent.. or does it mean one or more internet transactions..?


  • #4
    delly
    Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 7,730 Mod ✭✭✭✭delly


    AIB Website wrote:
    Qualifying criteria details

    - have an AIB Current Account

    - be registered for AIB Phone & Internet Banking

    - have an AIB Debit Card

    then every fee quarter:-

    1. Use your AIB Debit Card to make a purchase transaction at a point of sale terminal, by telephone, mail order or Internet.

    2. Make a debit transaction using AIB Phone & Internet Banking (e.g. pay a bill, top up a mobile, transfer money between accounts, transfer money to other branches and banks, make an international payment).

    Where the customer meets the qualifying criteria, free transaction banking is automatic and no maintenance and transactions fees will be applied for that fee quarter.

    Customers will not need to opt in for this offer. Service fees will still apply e.g. unpaids, duplicate statements and FX bureau transactions.
    I'll only be happy when all charges have been abolished. I've had a good surplus for the last while, and its only fair tbh.


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