Bank of Ireland current accounts

• Personal Current Account
• 2nd Level Current Account
• 3rd Level current account
• Graduate Current Account
• Golden Years current account
• Young Saver Current Account

When you’re looking for a new current account, we recommend comparing options to find the right one to suit your financial situation and spending habits. You want to have easy access to your money in a way that works for you, be able to clearly understand what fees you will need to pay and if there are any perks that you can benefit from.

The Bank of Ireland has current accounts for different stages of life with features like cash back rewards and overdrafts, so read on to find out more.

What current accounts does the Bank of Ireland offer?

• Personal current account

  The Personal current account is Bank of Ireland’s standard current account suitable for people aged 18 and over. It makes it easy to manage your money and gives you the chance to earn cashback when you shop.

  • Cashback rewards
  • Visa debit card
  • Contactless payments
  • Simple fee structure
  • Phone, mobile and online banking
  • Overdraft
  • Joint account

• 2nd Level current account

  Suitable for 2nd level students 14 years and over who want to save or spend.

  • No transaction fees for day-to-day banking
  • Visa debit card
  • Online, mobile and phone banking

• 3rd Level current account

  3rd level students can use this account while they are studying and take advantage of Bank of Ireland’s presence on or near every campus for help and financial advice.

  • No transaction fees for day-to-day banking
  • Visa debit card
  • Cashback rewards
  • Online, mobile and phone banking
  • Optional student loan subject to credit review and approval

• Graduate current account

  Anyone who has graduated in the last three years from full-time third-level education can apply for a Graduate current account. It includes benefits to help you get on your feet while starting work or if you want to travel abroad after your studies.

  • No day-to-day transaction fees for the first 2 years
  • Visa debit card with contactless payments
  • Cashback rewards
  • Graduate overdraft
  • Online, mobile and phone banking

• Golden Years current account

  If you are 66 years or over, you can save on fees and charges with a Golden Years current account.

  • No quarterly transaction fees
  • Visa debit card
  • Cashback rewards
  • Online, mobile and phone banking
  • Able to hold a joint account with someone younger than 66

• Young Saver current account

  Suitable for ages 0-12, the Bank of Ireland Young Saver current account helps teach children about saving and managing their money.

  • Interest paid four times a year
  • Withdraw and lodge money at Bank of Ireland branches
  • Family can transfer money into account through online banking

Features of Bank of Ireland current accounts

• Visa debit card. With a Visa debit card with contactless, you can make purchases by tapping your card on the reader both at home and abroad. You can also use your card to make purchases online.
• Cashback rewards. Registering your Visa debit card with Bank of Ireland’s Live Life Rewards program enables you to earn cash back for spending. You’ll receive weekly offers for various businesses and you just need to use your card either online or in-store to earn. Brands associated with Live Life Rewards include Woodie’s, Just Eat and Dunnes.
• Overdraft facility. Some of Bank of Ireland’s current accounts allow you to add an overdraft of an agreed amount for a little extra help between paydays.
• Pay bills quickly and easily. Use your account to pay utility bills by direct debit.
• Different ways to bank. Manage and access your money in different ways. Bank of Ireland has branches nationwide plus you can use online, mobile or phone banking.
• Mobile top-up. Use your online banking to top up your mobile phone balance.
• Savings accounts. Access to exclusive savings accounts that you can open online in minutes.

Not all features come with all Bank of Ireland current accounts, but those listed are included in the Personal current account.

Bank of Ireland current account fees

Bank of Ireland’s Personal current account comes with a €5 quarterly maintenance fee and charges for all other transactions.

Transaction type	Fee
Contactless payments	€0.01
Automated transactions (chip and pin purchases, direct debits and electronic transfers)	€0.10
ATM withdrawals and lodgements	€0.25
Staff-assisted and paper transactions	€0.60

Compare Bank of Ireland current accounts in Ireland

Is there a way to avoid fees?

Bank fees can add up over time if you make a lot of transactions during the month. Bank of Ireland does give you the change to avoid day-to-day transaction fees, but you must keep a minimum of €3,000 in your account at all times. Even if you are able to do this, the monthly maintenance fee still applies.

If you have an account for students, graduates or over 66s, you won’t have any transaction fees for day-to-day banking.

How to open an account

To open a current account at Bank of Ireland you need to be a resident of the Republic of Ireland and qualify for any age, studying or graduation requirements. You can apply online, by phone, or at your local branch, but you must have identification and proof of address documents.

If you want to apply online, you should complete an application form through the Bank of Ireland website which will take about five minutes. Once you have submitted the form, you will receive a link by email for you to upload your documents. Online applications require two forms of identification. This could be your driving licence and your passport, or one of these plus a selfie holding your identification.

How to switch to a current account with the Bank of Ireland

If you would like to switch your account from another bank to Bank of Ireland, you should meet with an advisor at a branch or call the Account Opening Team. You will need to fill in an Account Transfer form given to you at the branch or you can download the Switching Guide from the Bank of Ireland website.

Once you have completed this form, you will need to select a switch date. Bank of Ireland will then contact your old bank to arrange the transfer of direct debits, standing orders and funds to your new account. The whole process can take up to 10 working days from your switch date, so it’s recommended to choose a date that falls in a time of low activity on your account.

Compare a range of current bank accounts in Ireland