permanent tsb current account review

With no day-to-day fees and three ways to be rewarded, a permanent tsb current account helps you save money.

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

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6 €

Maintenance fee

0 €

ATM fee


Foreign transaction fee


Product Namepermanent tsb Explore Account
Fee periodMonthly
Maintenance fee6 €
Account TypeCurrent accounts
Online account onlyNo
Supported currencies


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 77 branches nationwide, plus phone banking, internet banking and mobile apps for you to manage your accounts.

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.
  • Mortgage cashback. Explore current account holders who received a full mortgage letter of approval before 31 December 2020 will enjoy a monthly 2% cashback on their mortgage payments until the end of 31 December 2027.

What current accounts does permanent tsb offer?

Fees and limits

permanent tsb charges a monthly maintenance fee of €6, which is deducted on the first working day of the month.

There are no day-to-day transaction fees including all Visa debit card transaction fees, 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 any of the following:

  • 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 and annual renewal: €25


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 money you get back.

But before settling on this permanent tsb current account, use our table above 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

Name Product Maintenance fee Fee period ATM transaction fee
VIALET Current Account
0 €
€2 + 2% per withdrawal
An IBAN account you can use to manage your money and spend in over 200 countries worldwide, fee-free.
N26 Bank Account
0 €
€2 per withdrawal
Benefit from no monthly fee, no currency conversion fees and a raft of in-app budgeting features to help you save.
Wirex Standard
0 €
2% per withdrawal

Get a Welcome Bonus of $15 USD in WXT when you sign up with Wirex through Finder.

Benefit from an array of digital payment features, including a free prepaid Wirex card and unlimited fee-free transfers at interbank rates - with zero monthly subscription fee.
Wise Multicurrency Account
0 €
€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.
Revolut Standard
0 €
€1 + 2% per withdrawal
Enjoy no monthly fee, no currency conversion fees up to €1,000 per month and hold an array of currencies in your account.
AIB Student Account for 2nd Level Students
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.

Compare up to 4 providers

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