Allied Irish Bank (GB) Visa Classic Credit Card review 2020

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A straightforward credit card for existing AIB customers.

Finder rating: ★★★★★

Representative example: When you spend £1,200 at a purchase rate of 22.79% (variable) p.a. with a fee of £8 per annum, your representative rate is 24.3% APR (variable).

24.3%

Representative APR

£8

Yearly account fee

Up to 56 days

Interest-free each billing period

£500

Minimum credit limit

Details

IssuerAllied Irish Bank (GB)
NetworkVisa
Annual/monthly fees£8 per annum
Balance transfers22.79%
Balance transfer fee1.5%
Purchases22.79%
Purchases interest-free periodUp to 56 days
Cash advances22.79%
Min credit limit£500
Max credit limitNot specified
Additional cards available1

Expert review

Chris Lilly

Review by


Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

This credit card is as straightforward as it gets: it does the job, but doesn’t offer anything more than that. It’s only available to existing AIB customers.

If you don’t plan to carry a balance from month to month, then you’ll get up to 56 days of 0% interest on your purchases each billing cycle, which really is the main pro of this card. That’s in return for an account fee of £8 per annum.

Apart from keeping accounts “under one roof”, there’s little to encourage you to choose this card over others available on the market. Fees are very average, interest rates on purchases and balance transfers aren’t competitive and there are no perks or rewards to make the rest a bit more attractive.

If you’re looking to earn rewards on your spending or to spread the cost of upcoming expenditure, there are better deals out there, for those willing to shop around.

Finally, AIB cards are offered on the Visa network, so they’re accepted at over 20 million locations worldwide.

Pros and cons

Pros

    Cons

    • £8 annual account fee
    • Applicants with low credit scores are unlikely to be eligible
    • Only available to existing customers

    How does this card compare with other frequent flyer cards?

    Table: sorted by representative APR, promoted deals first
    Data indicated here is updated daily
    Name Product Max. intro bonus Earn-rate with brand Default earn-rate Annual/monthly fees Rep. APR Link Incentive Representative example
    British Airways American Express Card
    5,000 points
    1 point per £1 spent
    1 point per £1 spent
    £0
    22.2% (variable)
    Go to site
    More Info
    New Cardmember offer: Earn 5,000 bonus Avios when you spend £1,000 in your first 3 months of Cardmembership.
    Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a., your representative rate is 22.2% APR (variable).
    British Airways American Express Premium Plus
    25,000 points
    3 points per £1 spent
    1.5 points per £1 spent
    £195 per annum
    74.7% (variable)
    Go to site
    More Info
    As a new Cardmember, earn 25,000 bonus Avios when you spend £3,000 in your first 3 months of Cardmembership.
    Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £195 per annum, your representative rate is 74.7% APR (variable).
    Virgin Money Virgin Atlantic Reward Credit Card
    N/A
    1.5 points per £1 spent
    1 point per £1.33 spent
    £0
    22.9% (variable)
    More Info
    Earn 0.75 Flying Club miles for every £1 spend and 1.5.miles for every £1 spend with Virgin Atlantic or Virgin Holidays. Spend £20K a year on your card and choose an extra benefit - an upgrade to Premium, or a Companion ticket.
    Representative example: When you spend £1,200 at a purchase rate of 22.9% (variable) p.a., your representative rate is 22.9% APR (variable).
    Virgin Money Virgin Atlantic Reward Plus Credit Card
    15,000 points
    3 points per £1 spent
    1.5 points per £1 spent
    £160 per annum
    63.9% (variable)
    More Info
    Earn 15,000 bonus miles with your first card purchase made within 90 days of account opening. Earn 1.5 Flying Club miles for every £1 spend and 3 miles for every £1 spend with Virgin Atlantic and Virgin Holidays. Spend £10K a year on your card and choose an extra benefit - an upgrade to Premium, or a Companion ticket.
    Representative example: When you spend £1,200 at a purchase rate of 22.9% (variable) p.a. with a fee of £160 per annum, your representative rate is 63.9% APR (variable).
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    Compare up to 4 providers

    Approval for any credit card will depend on your status. The APR shown represents the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

    Repayment options

    When it comes to repayments, you can make manual repayments online or over the phone (0345 600 5204), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

    Choose from the following direct debit options for your monthly repayments:

    Minimum amount Fixed amount Fixed percentage Full amount

    How to apply for the Virgin Atlantic Reward Credit Card

    If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.

    Frequently asked questions

    What is the Virgin Atlantic Flying Club?
    The “Flying Club” is Virgin Atlantic’s rewards programme. It allows you to earn air miles which you can then use to buy flights or flight upgrades. While you aren’t obliged to join Flying Club when you apply for a Virgin Atlantic credit card, it’s definitely a good thing to consider due to the variety of benefits up for grabs. To learn about credit cards targeted at regular travellers, here’s our guide to frequent flyer credit cards.
    How are Flying Club miles earned?
    You’ll earn Flying Club miles on every flight with Virgin Atlantic, but many people choose to boost their miles earnings by taking out a frequent flyer credit card. With these cards, you’ll earn miles/points every time you spend using the card. You can also typically earn points/miles at a higher rate when you’re spending with the brand that issues the card – in this case Virgin. Bear in mind that a few transactions are exempt from earning points/miles – like cash advances (that’s when you withdraw cash using your credit card).
    What’s a good alternative?
    Virgin Atlantic frequently go head-to-head in the air miles comparison tables with American Express’s British Airways cards.
    What will my credit limit be?
    Your credit limit will be confirmed by Virgin Money once you’ve completed your application and it’s been approved. As the exact figure will vary depending on your personal circumstances, Virgin can’t give you an exact figure before your application has been received.

    We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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