Fungus wrote: » So AIB are moving 200,000 free banking 'CashSave' customers to fee-paying current accounts without the customers consent. Unbelievable.
cookie1977 wrote: » Well to be honest the fees that AIB were introducing were going to hit the cashsave accounts. I had a cashsave account and that's why I moved to BOI. I suppose while it's disappointing they introduced fees (with tougher conditions to meet for free banking then other banks) it was the next logical step by AIB to dump the cashsave accounts. They've wanted to do this for a long time. I stand to be corrected but I think the cashsave accounts stopped being available to new customers in 1998.
Your account will be charged account maintenance and transaction fees for the entire fee quarter. For example, fees will post on the 17th September (for the fee quarter from 28th May - 31st August 2012) if the account has not met the revised criteria.
A Account Maintenance Fee* €4.50 per quarter This covers the cost of running or part thereof your account. B Account Transaction Fees Automated/Self Service Transactions €0.20 each This fee applies to the following transactions: • ATM Withdrawals • Standing Orders • Direct Debits • Automated Lodgements (e.g. salary) • AIB Phone & Internet Banking** Transactions • AIB Debit Card Transactions. Paper/Staff Assisted Transactions €0.30 each This fee applies to the following transactions: • Cheques • Withdrawals • Lodgements • Incoming Credit Transfers • Staff Assisted Transactions at any AIB branch counter or in the Post Office.
When are Account Fees charged? Account fees are calculated quarterly on the last working Friday of February, May, August and November. Fees are charged to customer accounts in March, June, September and December. The fee will be charged on the 16th or where the 16th is not a business day, the next business day. If in any quarter the fees and charges exceed €12.70, we will provide you with a detailed breakdown of the amount being charged at least ten business days before they are charged. A breakdown of amounts of €12.70 or less is available on request. Fees and charges are also calculated and charged upon closure of your account.
dublin daz wrote: » I can't see them changing their minds now. Fees will become the norm across all banks eventually. National Irish Bank who were the only Bank to offer free banking in the truest form - Ulster Bank eventually changed their policy in the last few years - have had to charge - from June. I don't like bank fees but I suppose when you are expected to pay for water then I can't see why banks would offer a private service free.
stevenmartin99 wrote: » Just wondering, why isn't there a facebook page etc set up about this? does nobody really care? is everyone just accepting it or moving silently?
I still have a credit card but I can't access it on line anymore
emy wrote: » I just left my AIB current account balance 0. Transferred all financial stuff to PTSB. If the balance is 0 all the time let it inactive, there is any charge that it might occur? Or should i close it?
28064212 wrote: » 4.50 quarterly charge. Plus more charges if you don't have an overdraft facility. And stamp duty if you've any cards issued on the account
emy wrote: » If there is not funds in it, how can they force me to pay. Maybe they are going to cancel it, or send me in court! Who knows. I know lots of guys that left the country and their current account is 0. I never heard that the AIB chased/traced them to recover the yearly €5 stamp duty. Maybe from now on they will set up a special unit to deal with this issue, to recover €4.50 each quarter of the year. All is possible with AIB nowadays.
