If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

AIB customers face more charges from May 2020

Kaldo · 2020-03-10 20:02:09

Hi all It seems AIB is going to start charging management fees, cash out from an ATM, over-the-counter transactions, contactless transactions, etc. no matter if your balance is over €2,500 in your current account (which you were not charged quarterly fees); that option is being withdrawn too. My dad told me once "never…

10-03-2020 8:02pm

#1
Kaldo

Registered Users, Registered Users 2 Posts: 222 ✭✭

Join Date: December 2019

Posts: 111
Hi all

It seems AIB is going to start charging management fees, cash out from an ATM, over-the-counter transactions, contactless transactions, etc. no matter if your balance is over €2,500 in your current account (which you were not charged quarterly fees); that option is being withdrawn too.

My dad told me once "never being faithful to a bank" therefore I'm considering other options for change (lowest and no hidden fees).

Which bank(s) would you recommend?

Thanks
Kaldo

Tagged:

fees

bank

management fees

0

Comments

#2 12-03-2020 12:03am

suave.4u

Registered Users, Registered Users 2 Posts: 1,000 ✭✭✭

Join Date: December 2012

Posts: 887

Examples of Transaction Fees & Charges
Digital Transactions
Paying by contactless or 'tap' 1c
Paying by debit card with a PIN (includes free cashback) 20c
Online payments incl. direct debit / kiosk / phone banking 20c

Manual & Cash Transactions
Taking cash out from an ATM 35c
Paying by cheque, not including government tax
of 50c per cheque. 39c
Over the counter transactions in branch – also called 'paper / staff assisted transactions' 39c

Account Maintenance Fees (covers the cost of running your account)
Current Account €4.50 per quarter
Private Banking Current Account €63.49 per quarter

0
#3 12-03-2020 12:27am

OhHiMark

Registered Users, Registered Users 2 Posts: 1,070 ✭✭✭

Join Date: March 2013

Posts: 1047

Do any of these include transferring money to a revolut account?

0
#4 12-03-2020 12:47am

Varik

Registered Users, Registered Users 2 Posts: 12,561 ✭✭✭✭

Join Date: September 2006

Posts: 12385

OhHiMark wrote: »

Do any of these include transferring money to a revolut account?

20c per transaction for any of the normal ways.

39c per transaction if you for some reason went into a branch or post office and got them to do it for you.

0
#5 13-03-2020 8:05pm

Infini

Registered Users, Registered Users 2 Posts: 4,573 ✭✭✭

Join Date: December 2004

Posts: 4452

The charges are essentially highway robbery and if possible your better moving your business elsewhere, they provided these services for free for having a certain amount of money with them for 20 years and just suddenly cancel it with vague reasoning. Show's how much they value customer loyalty over pure profiteering.

0
#6 13-03-2020 8:06pm

TheW1zard

Registered Users, Registered Users 2 Posts: 1,346 ✭✭✭

Join Date: September 2017

Posts: 1303

Whats a private banking current account?

0
Advertisement
#7 13-03-2020 8:09pm

Qrt

Registered Users, Registered Users 2 Posts: 1,647 ✭✭✭

Join Date: April 2018

Posts: 1606

Does this just bring them up to par with BoI?

0
#8 13-03-2020 9:36pm

Spocker

Moderators Posts: 6,900 ✭✭✭

Join Date: February 2004

Posts: 6099

Thread on the same topic over here -> https://www.boards.ie/vbulletin/showthread.php?t=2058060549

0