permanent tsb current account review

With no day-to-day fees, a permanent tsb current account could help you save money.

If you’re thinking about switching banks and want to be rewarded in brand new ways, find out if a permanent tsb current account could be the right fit for you.

No reviews yet. Write a review

€6

Maintenance fee

€0

ATM fee

1.75%

Foreign transaction fee

Details

Product Namepermanent tsb Explore Account
Fee periodMonthly
Maintenance fee€6
Account TypeCurrent accounts
Online account onlyNo
Supported currencies

1

More Info

A permanent tsb current account has some great features and benefits that make spending and saving easier. Read on to find out more about what accounts are available, how much they cost and how to sign up.

A bit about permanent tsb

permanent tsb is a financial institution that has both personal and business banking services. As well as everyday accounts, savings and investments, it offers credit cards, mortgages, personal loans and insurance policies for life, home and contents. permanent tsb has 76 branches nationwide, plus phone banking, internet banking and mobile apps for you to manage your accounts.

Since April 2021, permanent tsb withdrew its foreign exchange currency services across its network in Ireland. However, customers can still make foreign exchange payments using SWIFT, SEPA and Foreign Drafts in addition to withdrawing foreign currency from ATMs while overseas.

Key features

  • Visa debit card. Account holders receive a Visa debit card that is accepted globally for in-store or online purchases.
  • Overdraft facility. Explore and Student current account holders can get 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.
  • Cashback rewards. Explore current account holders get cashback on bills, 10c back each time you use your debit card online or in-store (capped at €5 each month), personalised offers each week based on your shopping preferences.

What current accounts does permanent tsb offer?

Fees and limits

permanent tsb doesn’t change any fees for day-to-day transactions, including all Visa debit card transactions, direct debits, standing orders and bill payments, direct credits, deposits and withdrawals at a permanent tsb branch, phone and internet transactions.

However, you’ll be charged for the following:

  • Monthly maintenance fee: €6 per month (deducted on the 1st working day of each month) or €72 annually
  • Paper statement: €2.50
  • Chequebook: €0.20 per cheque
  • Credit transfer (EUR and SEK payments within EU): €0.50
  • Credit transfer (International): €31.50
  • Using an ATM outside the Eurozone: 3.5% of the euro value of the transaction (min €3.17 to max €11.43)
  • Paying with your card outside the Eurozone: 1.75% of the euro value of the transaction (min €0.40 to max €11.43)
  • Overdraft set up: €25
  • Overdraft annual renewal: €25
  • Unauthorised overdraft: Standard overdraft interest rate applies + 12% per year

Verdict

The Explore current account from permanent tsb is definitely worth considering. Earning cash back each month can grow your savings, and you could even make your account completely fee-free by offsetting the monthly €6 account fee with the 10c you get back each time you pay as well as the cashback on bills.

But before settling on this permanent tsb current account, use our table to compare all the current accounts available in Ireland.

How to sign up to a permanent tsb current account

You can open a current account with permanent tsb either by phone or visiting a local branch. The steps to opening an account include:

Step 1. Contact permanent tsb to arrange an appointment.
Step 2. Collect the following documents for your appointment:

  • Proof of identity such as a passport or driver’s licence
  • Proof of address, eg a utility bill or bank statement

Step 3. At the appointment, complete and submit the application form.
Step 4. Once processed, your account is open.

Compare a range of current bank accounts in Ireland

1 - 8 of 8
Name Product Mobile view decorator Current Accounts Maintenance fee Fee period ATM transaction fee
Revolut Standard
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €1 + 2% per withdrawal
€0
Monthly
€1 + 2% per withdrawal

Sign up to Revolut through Finder and receive a free trial of Revolut Premium for 3 months.

Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
Wise Multicurrency Account
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €0.50 + 1.75% per withdrawal
€0
Monthly
€0.50 + 1.75% per withdrawal
Wise (formerly TransferWise) is an international account with over 50 currencies, instant and very convenient money transfers, a card to spend in any currency, bank details to be paid in 30 different countries and multi-currency direct debits.
N26 Bank Account
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €2 per withdrawal
€0
Monthly
€2 per withdrawal
Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
Revolut 18
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    2% per withdrawal
€0
Monthly
2% per withdrawal
Revolut 18 (formally Revolut Junior) has a separate app, account, and prepaid debit card that lets children manage money with the help of their parents. Plus fee-free ATM withdrawals up to €40 each month.
SWIRL Prepaid Mastercard
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €1.50 per withdrawal
€0
Monthly
€1.50 per withdrawal
A secure, prepaid card that lets you manage and spend your money globally. Use in-store and online at over 30 million locations worldwide.
Monese Starter
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €1.50 + 2% per withdrawal
€0
Monthly
€1.50 + 2% per withdrawal
A dual currency account with no foreign currency fees up to €2,000 per month. Features include budgeting tools and multilingual support.
Nuri
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €0
€0
Monthly
€0
Invest in cryptocurrencies and enjoy up to 3% interest per year on Bitcoin deposits with this digital bank account
AIB Student Account for 2nd Level Students
  • Maintenance fee

    €0

  • Fee period

    Monthly

  • ATM transaction fee

    €0
€0
Monthly
€0
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.
loading

Compare up to 4 providers

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Privacy Policy.
Go to site