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AIB current account review

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Learn about what current accounts are provided by AIB and how you can avoid maintenance and transaction fees.

A current account is a must for anyone receiving income or a benefit so you can easily access your money when you need it. With different banks offering various fee structures and features, it’s important to compare your options to find the right account for your financial needs. Read on to learn more about AIB current accounts, features, fees and how to make the switch.


Maintenance fee


ATM transaction fee

Compare AIB current accounts in Ireland

Data indicated here is updated regularly
Name Product Maintenance fee Fee period ATM fee
AIB Personal Current Account
A current account that's available for anyone 16 years and over and gives you easy access to your money. Plus, there are two ways to have account fees waived.
AIB Student Plus Account
A handy student account designed to make it easy for you to manage your banking in college. There are no quarterly maintenance and transaction fees to worry about.
AIB Graduate Account
A convenient graduate account which may let you qualify for a €1,000 interest free overdraft. No maintenance and transaction fees apply.
AIB Student Account for 2nd Level Students
A current account for students aged between 12 and 18 years, who are in part time or full-time second level education. If you apply for a debit card, AIB will cover the annual Government Stamp Duty.

Compare up to 4 providers

A bit about AIB

With 200 outlets and over 2,000 ATMs in Ireland, plus phone banking, Internet banking and mobile/tablet apps, AIB gives you flexibility and easy access when it comes to managing your money. As well as day-to-day banking services, this bank provides savings options with competitive rates, personal loans and mortgages, insurance products and has financial advisors in every branch to guide you through planning for your future.

What is AIB’s main current account and its features?

AIB’s main current account is the Personal Bank Account. Maintenance and transaction fees do apply.

  • AIB debit card. The Personal Bank Account comes with a Visa debit card that you can use at home or abroad for in-store or online purchases.
  • Overdraft. Add an overdraft to your current account for times when you have unexpected bills and need a little extra cash to see you through until payday.
  • International transfers. Send all major currencies from your account to most worldwide destinations.
  • Joint account. Manage your household expenses more effectively by opening a joint account with your partner or housemate.
  • Different ways to bank. AIB provides services in branch, online or by phone. You can also download the mobile banking app for access to your account wherever you are.
  • Statements. Get statements by post or online through internet banking.
  • Mobile top-ups. Easily top up your Vodafone, Tesco Mobile, Three, eir Mobile or Meteor prepaid phone at any time.
  • Open on your phone. No need to visit a branch to open a new account. Simply download the AIB mobile banking app and follow the instructions.

Who is eligible? This is available for anyone 16 years and over.

AIB current account fees

While some banks offer zero transaction fees or free maintenance on their current accounts, AIB does charge for both.

  • Maintenance fee. Each quarter you will be charged a €4 maintenance fee to cover the running of your account.
  • Automated transactions. Debit card purchases, direct debits and standing orders, and online or phone transactions are €0.20 each. For now contactless payments are free.
  • Self-service transactions. If you use the ATM to withdraw money or lodge a cheque or cash, this will cost you €0.35 each time.
  • Paper/staff-assisted transactions. There is a €0.39 charge for cheques and staff-assisted transactions in branch.

Government Stamp Duty is charged at a rate of €0.12 for each ATM transaction in Ireland. If you only use your card for ATM transactions then your fees are capped at €2.50, but if you use your card for both ATM transactions and purchases your cap is €5.

How can I avoid fees?

AIB does give you the chance to have a fee-free account, with both your maintenance and transaction fees waived, but only if you have a direct debit set up from your Personal Current Account for payments on your AIB primary home mortgage.

Another way to keep fees to a minimum is to pay by contactless (including using contactless on a device such as an enabled smartphone or smartwatch) which is free.

What other current accounts does AIB have?

How do I switch to a current account with AIB?

If you’ve decided that it’s time to make the move from your bank and would like to open an AIB current account, you can download an AIB Personal Current Account Switching Pack from its website. To help you on your way, read our step-by-step process:

Step 1. To start the switch, phone the customer service team or call into any branch.
Step 2. Provide identification and proof of address and request a switching pack.
Step 3. Decide on a switch date. This is the date that switching current accounts will happen. It’s best to pick a date when there are no payments or direct debits due to be paid out of your account.
Step 4. Complete, sign and return the account transfer form and any other forms that you receive in the switching pack.
Step 5. Let your existing bank know if it should close your account once all money is transferred over or if you would like to keep it open.
Step 6. AIB will issue you with a new direct debit card and your account will be ready to use no later than 10 working days after the switch date. It will also set up your phone and internet banking if requested.

Switching from one Irish current account to another is processed through the Central Bank’s Switching Code so that all of your direct debits and standing orders are transferred over to your new account and you don’t have extra paperwork or need to worry that payments will be missed.
If you have an overdraft with your existing bank, you’ll either need to ensure that your new bank agrees to this being transferred over or clear the balance before switching.

How to open a personal current account with AIB

Opening an account for the first time should be straightforward and you’ll be able to manage your money in no time.

You’ll be able to pop into an AIB branch, apply online or follow the steps below to open a personal current account using your smartphone.

Step 1. Download the AIB mobile banking app onto your smartphone.
Step 2. Enter your personal details in order to register for an account.
Step 3. Next, you’ll need to verify your identity over the phone by having a video chat with an AIB representative.
Step 4. After receiving an address verification code, enter this code into the app.
Step 5. Your account should be active and you can start managing your money!

Do note that some of AIB’s accounts such as the AIB Advantage account need to be opened in a branch, so check for the specific requirements on the AIB website.

Looking for more options? Compare a range of current bank accounts in Ireland

Data indicated here is updated regularly
Name Product Maintenance fee Fee period ATM fee
VIALET Current Account
An IBAN account you can use to manage your money and spend in over 200 countries worldwide, fee-free.
An Post Current Account
A current account that lets you take control of your spending and savings with two wallets that you can use to set aside money. Plus, you can earn money back each month for transactions with An Post’s selected partners.
AIB Basic Bank Account
A standard current account available to anyone 16 years and over with international transfer functionality and no maintenance or transaction fees for the first year.
Bank of Ireland Personal Current Account
A current account with a Visa debit card that allows you to make fast, contactless payments for purchases at home and abroad.

Compare up to 4 providers


AIB’s current account gives you flexibility and easy access to manage your money, but keep an eye out to check if you’ll be charged any fees when making transactions. And before you make a final decision be sure to use our table above to compare other current accounts available in Ireland.

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