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.
AIB Student Mastercard review August 2020
A straightforward card designed to give existing AIB (formerly First Trust Bank) account holders financial freedom and convenience during their student days.
Finder rating: ★★★★★
Doing its job: 4/5
In a nutshell:
Minimum credit limit
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.
If you don’t anticipate carrying a balance from month-to-month, then a student credit card can offer a smart way to deal with unexpected costs and take control of your finances while studying.
Provided you pay your balance in full and on time each month, you won’t incur any interest on purchases or cash advances (taking out cash from the card) because the card comes with up to 56 days of 0% interest on your purchases each billing cycle.
To apply you need to be 18 or over, a full-time student and resident in the UK. You will also need to hold an existing AIB account.
How does this card compare with other student cards on the market?
When it comes to repayments, you can make manual repayments online or over the phone (0345 600 5925), 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 AIB Student Mastercard
If you have compared your options and want to apply, you’ll need to call AIB (or request a callback) or head to a branch. A credit check and affordability assessment will be performed based on the information you’ve given, and you will normally receive a quick decision. Once approved, you should receive your new AIB credit card within 3-5 working days.
Finder credit card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor