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Earning Interest on Credit Card

  • 18-09-2012 3:06pm
    #1
    Seve OB
    Registered Users, Registered Users 2 Posts: 16,116 ✭✭✭✭


    I remember years ago, I could basically lodge my surplus funds to my AIB credit card and I would actually earn interest on it.

    Does anyone know if this is still the case?

    I'm not talking much money, just that I generally clear my credit card balance at the end of the month, and the few bob left over till the next pay cheque comes in might be better off earning a few bob interest on my Credit Card rather than earning nothing and costing me bank charges in my current account! I generally use the CC to pay for most things anyway.


Comments

  • #2
    BuffyBot
    Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭BuffyBot


    On most new cards types no - the banks stopped offering that facility. Some older card accounts still have this feature on them however, but they generally are ones no longer on offer to new customers.


  • #3
    jhegarty
    Registered Users, Registered Users 2 Posts: 6,441 ✭✭✭jhegarty


    AIB did away with it many years ago.


  • #4
    Seve OB
    Registered Users, Registered Users 2 Posts: 16,116 ✭✭✭✭Seve OB


    thanks guys.


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